Binance CZ Says Not Every AI Agent Needs a Token
- Binance CEO CZ says AI agents should prioritize utility over launching tokens.
- Industry figures debate the role of tokens in AI-driven crypto projects.
- Some argue tokens enable funding, governance, and community growth.
Former Binance CEO Changpeng “CZ” Zhao sparked debate in the crypto industry with his stance on AI-driven projects. In a recent post, CZ stated that while cryptocurrency is the natural currency for AI, not every AI agent requires its own token.
Instead, he suggested that AI agents could charge fees for their services in existing cryptocurrencies. He also emphasized that projects should only launch tokens if they have significant scale and utility.
Community Reactions: A Divided Response
His comments have drawn mixed reactions from industry participants. Some agree with his viewpoint, while others argue that tokens play a crucial role in AI ecosystems.
Crypto commentator AskNoel acknowledged CZ’s point but argued that a well-structured token could enhance network effects and sustainability at scale. He emphasized the importance of utility, citing the decision to launch his project’s token on BNB Chain to drive adoption.
Related…
The post Binance CZ Says Not Every AI Agent Needs a Token appeared first on Coin Edition.
Read More
Musk Tried to Take Over OpenAI Then Sabotage It? OpenAI’s Lawsuit Claims Yes
Binance CZ Says Not Every AI Agent Needs a Token
- Binance CEO CZ says AI agents should prioritize utility over launching tokens.
- Industry figures debate the role of tokens in AI-driven crypto projects.
- Some argue tokens enable funding, governance, and community growth.
Former Binance CEO Changpeng “CZ” Zhao sparked debate in the crypto industry with his stance on AI-driven projects. In a recent post, CZ stated that while cryptocurrency is the natural currency for AI, not every AI agent requires its own token.
Instead, he suggested that AI agents could charge fees for their services in existing cryptocurrencies. He also emphasized that projects should only launch tokens if they have significant scale and utility.
Community Reactions: A Divided Response
His comments have drawn mixed reactions from industry participants. Some agree with his viewpoint, while others argue that tokens play a crucial role in AI ecosystems.
Crypto commentator AskNoel acknowledged CZ’s point but argued that a well-structured token could enhance network effects and sustainability at scale. He emphasized the importance of utility, citing the decision to launch his project’s token on BNB Chain to drive adoption.
Related…
The post Binance CZ Says Not Every AI Agent Needs a Token appeared first on Coin Edition.
Read More