Users of decentralized messaging platforms appear to be wasting more than $15,000 sending a “payment” message to former Binance CEO Changpeng Zhao after ignoring more than 30% of their text.
The losses first discovered by block editor-in-chief Tim Copeland yesterday are based on Zhao’s 63% response rate.
So far, based on his Reach Me volume, it appears that the user has paid 144.71 BNB, worth $81,000 as of yesterday. His response rate suggests he is Worth of 33% or $30,000 of the message.
Reach Me’s leaderboard number 10 is held by those who received a message worth $228.
Read more: Binance Founder CZ earned $1.2 billion a night when Donald Trump wins
It’s reaching my rule that half of the $30,000 is back to users as ignored messages received a 50% refund. However, Reach Me confirmed with Protos that the other 50% will be sent to key opinion leaders (KOLs). In this case, Changpeng Zhao.
Zhao’s response rate may be related to his “communication tips.” This is a strong standard created to follow users before sending a message to him. For example, he does not accept the pitch or ambiguousness of the project.
He has also just become an advisor to Pakistan’s Crypto Council and is probably very busy. He is currently putting together an online education platform for children. This is far from the free time he went to prison. Pleas guilty to violating the bank’s secret law.
