Twitter has a good model that brings out influencer in people. In short attenton span we can get into heads of people.
By the time we came out of pandemic people realized that they have small attention span. And facebook is too slow to scroll.And so people have decided to follow the tweeter model for the content. That's why facebook adopted the threads and people continued to copy twitter designs.
Now another company is trying to come out with their own twitter model and trying to retain the users on the platform. Who knows even they may attempt the crypto transfers and make money out of the transactions. Maybe that could be their end game where they win as both social media company and the exchange.
This company is Binance. They have launched the binance feed which would be now having a feed which contains both the blogs and the twitter like threads into it. Which kind of is similar to the twitter model and only difference here is only influence and no income.
So let's discuss this news of the Binance Feed.
Image Credit: Binance Feed
Feed to Influence People, Tips to Reward them
Tips are not out yet on the binance feed. Yet the way things are going on the end game is likely to be the same. You may find the people who wish to influence others on this feed and in the due process the feed may expect them to tip them with rewards.
And who knows the influence they generate would end up making them more money. And in the due process the transactions are driven on the binance and this would also make binance even more rich. If they add the FDUSD and the USDT as a token to process them, then even more so in the long run.
Paid influence, Scams and Airdrops
Binance is loaded with the people who are making new tokens, airdrops and the influence of the bad coins which turn out rug. Like ethereum even the Binance chain has tons of rug pull project and there is nothing out there that can stop them. In short we would get exposed to that part.
As you can see that scams and the airdrop rug pulls are easier to spot. However the feed like binance feed would be prime target of some of such feeds. In short, we can see that there are going to be paid influenceand also the amount of the projects that would spam things would continue to increase.
How to Use Binance Feed for your own Benefit
Let's assume some goal here. Let's say you want to promote Hive. You would show the dApps and also the variety of projects that are going on Hive. And you can promote them. You may not get the immediate benefit but there would be some post that would get traffic influenced for the same.
You can post screenshot of the threads here on Leofinance. You can post the screenshot of the hive dapps. That would bring more people to hive. And for those who are playing the games like the splinterlands. You would find some value in the binance feed too to promote the game.
Binance feed may fail or even survive as long as the exchange survives. However you have to use the same for promoting your own projects and to build your own influence. Why ignore when you can make use of the platform and build value?