CZ Launches Binance Feed:
Changpeng Zhao, commonly known as CZ, the CEO and co-founder of Binance, launched the latest social media that rivals Elon Musk’s “X” platform as he started a global town square for crypto discussions in Binance’s new social media section within the crypto-wallet app.
CZ has taken to the X social media platform to spread the word that he had just started content-making on the new platform called Binance Feed.
In his first post, CZ stated that so far, he has zero followers on his announcement on his Twitter account, so he invited everyone in the crypto community to go to Binance Feed and start following him.
The Chinese-born Canadian businessman, investor, and software engineer promised he “will follow early adopters aggressively.”
CZ’s post on Binance Feed says, “Welcome to the global town square for crypto discussions.” The words used by CZ, “global town square,” are the same way Elon Musk referred to Twitter many times during his Twitter takeover, stating that he wants to give people back the freedom of speech.
Just made my first post on @Binance Feed. 👇 You can too.
— CZ 🔶 Binance (@cz_binance) October 5, 2023
It's a new platform. As always, we welcome your feedback to improve it.
As I have 0 followers and followings now, I will follow the early adopters aggressively. Go there and follow me. 🙏https://t.co/ayIDdtS5ot
The move made by CZ to enter the social media sphere is ambitious enough, according to some experts. Still, with the significant number of users within the Binance exchange platform, he could capitalize on them to grow his social media.
CZ is giving the crypto community another significant stimulus to spend as much time on Binance as possible by making them discuss with each other.
The introduction of Binance may significantly increase the popularity of Binance in the future as a crypto exchange and as a “crypto social network.”
CZ announced his new social media inside the Binance app through a Twitter post as he noted that it’s a new platform and always welcomes Zuser’s feedback to improve it.
Meanwhile, after finalizing the purchase deal with Twitter, Elon Musk added several major updates to the platform.
One of the most significant updates is the integration of long reads, eliminating Twitter as a microblogging platform. Twitter or X also added a live video feature.
Twitter is also planning to add audio messages in DM in the future, and there are rumors that he intends to integrate job hunting and dating sections, too, turning X into an “everything app,” according to Elon Musk’s vision.
Technology analysts are also looking forward to some exciting developments with CZ’s foray into social media; there are reports that the Chinese billionaire will be taking steps to integrate similar features on Binance Feed.
After rebranding Twitter and adding new features, Elon Musk’s fiercest rival and competitor, Mark Zuckerberg, co-founder of CEO and Meta, launched the “Threads” app on Instagram-owned Meta, hoping to copy Twitter on their platform.
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