Pay-to-reach startup crippled by self-doubt after CZ snub
A confused crypto firm that was hoping to play a major role in Changpeng Zhao’s so-called “pay-to-reach” project says it’s now “grappling with profound self-doubt” after the former Binance CEO announced he had chosen to move forward with a rival firm instead. Xnect says it had already engaged with the BNB Chain team on a launch plan, and that BNB Chain reposted its online video tutorial twice and recognized it as “the pioneering pay-to-reach protocol.” However, despite this, earlier today, Zhao announced on X that he would instead be partnering with rival firm Reachme.io. After Zhao teased his pay-to-reach plans earlier this month, Xnect, like many other startups, rushed to get onboard the project, which attempts to eliminate spam messages by charging people for the privilege of contacting you. For the record, Zhao tried charging people $120 to get in touch with him but still wasn’t happy with the quality of messages he received. According to Xnect, it ...