Changpeng Zhao, the creator and previous head of Binance, has rolled out a paid consultancy initiative on the social media platform X. To interact directly with Zhao, users must pay the equivalent of 0.1 BNB. He has committed that all earnings from this service will be directed to charitable organizations. Should users not receive a reply to their first message, they will automatically get half of their payment refunded. Messages sent through the service are capped at 2,000 characters and do not allow for attachments.
How Does the Payment and Refund Work?
Utilizing the Reachme platform, users can initiate communication with Zhao via BNB. If no response is received within five days, users will qualify for a 50% refund of their initial payment. This approach aims to enhance user trust while ensuring satisfaction with the consultancy service offered by the former CEO of Binance.
Why Is Charity a Focus for CZ?
Zhao has pledged that all income generated from this consultancy will be given to charitable initiatives. This announcement reflects a commitment to social responsibility often seen within the cryptocurrency industry. His proactive endeavor may motivate other leaders in the sector to participate in charitable efforts.
The launch of this consultancy service represents a pivotal opportunity for both Zhao and his users. Key insights include:
- Direct access to an industry leader for personalized advice.
- Financial support directed towards charitable causes.
- A clear refund policy to enhance user confidence.
Zhao’s initiative highlights the potential for the cryptocurrency space to engage more meaningfully with social issues, fostering greater user engagement while promoting philanthropic endeavors.