CZ: Consider supporting some projects that adopt a new token model, requiring founders with a sense of mission and trust
2025-03-02 08:50:57
Binance founder CZ explained the new token economy model previously conceived, "Some projects may try this token model, and we may even support some (not all) of them. Just because we adopt this token model does not mean we will automatically provide support. A new token economy model does not solve all problems, any model can be manipulated, people can sell the top 10% of the share, projects can fail at any stage, etc. To be successful, projects still need: product, community, revenue, etc. Most importantly, we need founders who have a sense of purpose and trust. The new token economy model previously conceived has some advantages (or at least differences) over the fixed time unlocking in the current market. Let's see what happens."
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