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Business & Economics

Binance’s founder CZ suggests new idea for token issuance

Cryptopolitan
Summary
Nutrition label

71% Informative

Binance founder Changpeng “CZ” Zhao has proposed a new way for crypto projects to issue tokens.

CZ’s idea is tokens should only be unlocked in stages, and only if the price doubles and stays above that level for 30 days straight before the next release.

The concept is designed to stop projects from flooding the market with tokens at low prices.

VR Score

59

Informative language

48

Neutral language

87

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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