Binance founder Changpeng Zhao (CZ) is in new areas beyond cryptocurrencies. He recently launched Giggle Academy, a nonprofit education platform designed to make learning fun and accessible. At the same time, he introduced paid payment, a concept that could reshape online communications by filtering valuable connections. Both of these moves reflect CZ’s evolving vision and his focus on creating the real world impact.
Paid Guidelines: A New Way to Meaningful Communication
Source: CZ’s Binance Square
Communication is easier than ever in the digital age, but it also brings challenges. Social media platforms such as LinkedIn and X allow users to connect immediately, but this low barrier to access can cause excessive noise. Many professionals and key opinion leaders (KOLS) work hard to manage their inboxes and receive countless information – many of them irrelevant, junk or low value.
Paid scope introduces a new model to solve this problem. It does not allow unlimited free messages, but implements a paid message system where users must pay to send messages to highly-watched individuals. This approach ensures that only serious and valuable inquiries attract professionals, reduce spam and make online communication more meaningful.
By creating structured and incentive-driven messaging systems, paid ranges are designed to enhance online interactions. It allows experts and industry leaders to make money at the same time while ensuring that individuals who really need to connect with them can do it in an efficient, fair and spam-free way.
How payment methods work
Paid scopes serve as an advanced communications platform that allows key opinion leaders (KOLS), business executives and industry professionals to effectively manage their incoming information. Here is how it works:
Verification and Pricing
- KOL or professionals connect their X (Twitter) or LinkedIn accounts to a paid-to-range platform to verify their identity.
- They set the price to receive messages, i.e., it could be 1 BNB, 0.1 BNB or other set amounts, depending on their preferences and needs.
Send a message
- Anyone who wants to contact KOL must pay the required fee before sending the message.
- This process ensures that only serious people can reach out because of the economic cost of starting a connection.
Responses and incentives
- If the KOL responds within five days, they will receive 150% of the original message fee (the full amount paid by the sender and the 50% incentive).
- If the KOL chooses not to respond, the sender will receive a 50% refund.
- The system discourages spam and incentivizes KOLs to respond to messages they find valuable.
By introducing financial commitments, the paid range filters arbitrary or irrelevant information. Only those willing to invest in meaningful communication can attract high-profile individuals, thereby improving overall information quality.
CZ’s shared vision of giggle academy and paid participation
In 2024, former Binance CEO Changpeng Zhao (CZ) launched Giggle Academy, a free online learning platform designed to provide financial literacy, digital skills and blockchain education for everyone, especially poor communities. Giggle Academy not only provides theoretical knowledge, but also develops practical programs to help learners understand financial management, apply digital technologies and explore the potential of blockchain. Meanwhile, the focus of the paid scope is to optimize online communication by enabling experts, KOLS and industry leaders to manage their information more effectively through paid messaging systems. The model filters non-serious queries and reduces spam to ensure only meaningful conversations occur. Although the two projects have adopted different approaches, they share a common goal: to improve the quality of online interactions, make education more accessible and communicate more efficiently.
Source: Fool Academy
sumare
Changpeng Zhao (CZ) has launched Paid Pay, a new paid messaging system that can reshape online communications. By asking users to contact Key Opinion Leaders (KOLS) and professionals, the platform filters out spam and ensures only meaningful conversations are conducted. This approach motivates engagement while helping experts manage time effectively. In the future, paid range may set new standards for digital communications, reduce noise on social media and create a more efficient, value-driven messaging ecosystem.
