ReachMe, the paid messaging platform operating on BNB Chain, has officially announced that it has completely ceased all operations. The platform's services have been permanently shut down.
Background and CZ's Involvement
ReachMe had previously gained significant attention due to its use by Binance founder Changpeng Zhao, also known as CZ. CZ had initially charged a fee of 1 BNB per message on the platform, a rate that was later reduced to 0.8 BNB.
Official Announcement and User Communication
The platform's discontinuation was communicated through a statement on its official website. The announcement included the following message to its users:
The ReachMe service has been discontinued. Thank you for being a part of the ReachMe community. After a thorough evaluation process, we have decided to discontinue our service. We are grateful for the support of our users and the connections made through our platform.
The statement further clarified that all services have been permanently closed. It also assured users that their data is being processed securely in accordance with the platform's privacy policy, and that any further transactions or messaging are no longer possible.
CZ's Reflection on Project Failure
In a recent statement, CZ acknowledged that a project he had supported had ultimately failed. He commented that it is not always possible to achieve success.