Changpeng Zhao, the CEO of Binance, has proposed a solution to combat bots on Twitter using a special cryptocurrency commission.
He suggested implementing the option for users to pay $0.x per comment made by those they don’t follow.
According to Zhao, this will make it too expensive for bots to comment and can easily be implemented with cryptocurrency.
Additionally, the head of Binance has promised to donate a portion of his personal income to charity.
With the proliferation of bots on Twitter, Elon Musk, the owner of the social network, has made it one of his primary goals to fight them.
In April, Twitter launched a partnership with eToro, enabling users to trade in various assets such as cryptocurrencies and stocks.
Users can view price charts of these assets and buy and sell them. Twitter’s Cashtags feature already provides the ability to view real-time charts of financial assets.
In other Twitter news, a full-length documentary about Kabosu, a Shiba Inu dog and the symbol of a popular meme and Dogecoin cryptocurrency, will soon be released.
The documentary is set to be promoted by Elon Musk on Twitter.