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BNB Chain-Based Chat Platform ReachMe Shuts Down Permanently

ReachMe has confirmed the permanent suspension of its paid chat services, ensuring compliance with its privacy policy while halting all BNB Chain-based transactions and communications.

BNB

Summary

Paid chat service ReachMe, operating on the BNB Chain, announced a permanent shutdown of all operations. The closure ends all messaging and transaction capabilities, with user data handled securely according to its privacy policy. ReachMe previously charged per message in BNB, starting at 1 BNB before reducing to 0.8 BNB per message.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance aimed at providing a fast and low-cost infrastructure for decentralized applications.
  • BNB: The native cryptocurrency of the Binance ecosystem, used for transaction fees, payments, and various platform services.
  • Privacy Policy: A statement that explains how a company collects, stores, and manages user data to ensure confidentiality and compliance with regulations.