Ella Zhang, the head of YZi Labs (formerly Binance Labs), retweeted the "token crazy idea" tweet released by CZ yesterday on the X platform, and announced that if there are long-term builders who create projects based on the idea of CZ, they can submit applications to YZi Labs and get priority review from YZi Labs.
Previously, CZ released a crazy token issuance idea. The initial 10% of the tokens are unlocked and sold on the market, and the proceeds are used for the project team to develop products/platforms, marketing, salaries, etc. Subsequent unlocks must meet all the following conditions:
1. It has been at least 6 months since the last unlock.
2. The token price must be continuously higher than twice the last unlocked price within 30 days before unlocking.
3. Only a maximum of 5% of the tokens can be unlocked each time.
YZi Labs has launched the "CZ Token Issuance Crazy Idea" project application and will receive priority review
2025-03-02 10:25:39
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