- Binance CZ hints new Twitter feature.
- The feature will help to generate more revenue for Twitter.
The CEO of the world’s largest cryptocurrency exchange, Binance, Changpeng Zhao, aka “CZ,” offered some suggestions to Twitter CEO Elon Musk to improve the microblogging social media feature. That would help reduce bots and generate revenue.
Today, CZ quote tweeted one of the most recent tweets from Elon Musk, saying, “I’ll pay for yours.”
Another way to reduce bots and increase revenue is to add an option “people you don’t follow need to pay $0.x to comment”. This will make it expensive for bots, and can be easily implemented with crypto. Twitter can take a cut, increased revenue. I will donate all my proceeds to charity.
CZ claims that by doing this, Twitter will be freed of the expensive bot accounts while also getting a new revenue stream. Additionally, the Twitter account holder will receive a portion of the earnings.
Further, Twitter now allows trading in cryptocurrencies alongside stocks and other financial assets through an eToro partnership.