Topics

Podcasts

Community

Careers

About

Subscribe

Search

Credit: nft now

NEWS

Binance Debuts “Square”: A Monetizable Social Platform

BY ANDREW ROSSOW

OCTOBER 13, 2023

Binance has rebranded its widely recognized crypto news feed platform, Binance Feed, into Binance Square. 

Launched in Oct. 2022, Binance Feed was initially designed as an interesting competitor to Twitter, giving users a clearer picture of the crypto market, including enhanced educational features that made learning and understanding digital assets easier. 

Binance CEO Changpeng Zhao (“CZ”), sees Binance Square as not just a platform but as an ethos – one of community-first and knowledge-sharing in the dynamic world of Web3. And numbers don’t lie; boasting over 10 million active monthly users and a tapestry of trending topics marked by over 30,000 hashtags, Binance Square’s footprint is undeniable.

“I’ve always believed that blockchain technology can help improve social platforms as we know them today. Binance Square is an early but promising example of that. This is just the beginning of what blockchain-based social platforms can bring to people and creators, and more can be done to find solutions to issues like spam, fraud, and authentication. Our goal at Binance is to continue innovating and finding meaningful ways to bring more beneficial blockchain and crypto use cases to life,” added CZ.