CZ Suggests Token Unlocking Plan
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token priceCryptopolitan
•Business
Business & Economics
Binance’s founder CZ suggests new idea for token issuance
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.
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