Changpeng Zhao (CZ), the founder of Binance, the world's largest cryptocurrency exchange, is closely followed by investors with his statements and moves.
At this point, CZ, one of the most influential names in the crypto market, warned artificial intelligence developers in his post from his X account.
Expressing his concerns in the field of artificial intelligence, CZ warned developers not to rush their oken launches.
CZ noted that many people prioritize token launches over building truly useful products.
At this point, CZ noted that developers should first focus on creating high-quality intermediaries and only then achieve a clear product-market fit, suggesting developers consider token issuance once they have established a solid foothold in the market.
CZ did not leave the comments under his post unanswered, and responded to a comment saying, “Raising money using tokens is a strong use case for crypto, but they should focus on growing after collecting, not just selling tokens.”
Too many AI agent developers focus too much on their token and not enough on the agent's usefulness. I recommend making a really good agent first.
Only launch a token when there is product-market fit.
— CZ 🔶 BNB (@cz_binance) April 2, 2025
*This is not investment advice.
