Zhao Changpeng

Zhao Changpeng forwarded Kuai Dong's disclosure article about the market maker Web3Port

ChainCatcher news, Zhao Changpeng forwarded Kuai Dong's disclosure article about the market maker Web3Port, which highlights:May Liu and her team established a "brokerage pipeline to Binance," from Spark Digital Capital to Web3Port and then to Whisper.Initially, Spark operated as a VC, relying on off-market outsourcing + FA business to let VCs invest in projects while obtaining free tokens for themselves. After the industry competition in 2021 and 2022, project parties were no longer willing to give tokens for free, so they shifted to an incubator model, establishing Web3Port to provide project packaging and VC connections in exchange for 1-3% of tokens.However, relying solely on the incubator was not enough to monetize, so they established the market maker Whisper, which, under the guise of market making, actually created a sales window for the free tokens in their possession.Ultimately, this system became a complete pipeline from packaging financing to exit, with retail investors on Binance becoming the final payers.ChainCatcher previously reported, according to Binance's announcement, Binance discovered that a market maker (hereinafter referred to as "market maker") responsible for GoPlus Security (GPS) was also involved in the market-making activities for the MyShell (SHELL) project.To better protect Binance users, Binance has taken the following additional measures against the misconduct of this market maker:The market maker has been delisted and prohibited from conducting any further market-making activities on Binance;The relevant earnings of the market maker have been confiscated and will be used to compensate users of the GPS and SHELL projects (the detailed compensation plan will be determined and announced by the relevant project teams).

Zhao Changpeng: YZi Labs may consider investing in a project that uses BNB/BSC as the main payment option to develop a good MVP

ChainCatcher message, Zhao Changpeng published an article on Binance Square sharing his thoughts on the KOL time tokenization project."Time tokens, where KOLs tokenize their own time, have resurfaced recently. Although there have been various attempts in the past, none have succeeded. What I have always wanted to do is not time, but coverage. LinkedIn and X both offer this feature, but the threshold is too low, leading to a lot of spam and making it unusable.This is an idea for a platform that allows serious people to connect with others. Celebrities (KOLs) will link their X (or LinkedIn) to the platform to verify their identity. Then, they set a price for those who want to message them, such as 1 or 0.1 BNB. Anyone can pay a certain amount upfront to send a message to him/her. If the KOL does not respond within 5 days, 50% of the payment will be refunded to the requester. The requester still needs to pay, which can help prevent spam and encourage them to write effective messages. KOLs will be incentivized to respond. Their reward will be increased by 50%.I would use such a platform. I would donate the received cryptocurrency to charity. This helps filter out those who are genuinely willing to contact me. When the other party has something serious to offer, I might move the conversation off the platform, refund the payment, or even offer a bounty (for security tips, etc.). Then, I would be able to open my DMs to everyone and adjust the price over time based on my unpopularity.This model does not solve all problems. Not to be arrogant, but I think many scammers would be willing to pay 1 BNB to contact me.YZiLabs may invest in a project that uses BNB/BSC as the main payment option to develop a good MVP. This should require a few days/a week of coding and security review. If the platform is secure enough, I will be the first user."
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