Changpeng Zhao shares meme suggesting ambitious developments for the BNB ecosystem
Changpeng Zhao (CZ), the founder of Binance, recently shared ambitious developments for the BNB ecosystem through a post on platform X (formerly Twitter) on November 26. In it, he expressed concerns about the increasing prominence of memecoins, suggesting they are becoming "a bit weird". While CZ does not oppose memes, he urges developers to focus on creating practical blockchain applications that provide useful value rather than just chasing hype.
Additionally, CZ emphasized that building practical applications on the blockchain will bring greater value to the community, encouraging innovation and sustainable development in the cryptocurrency industry. He also pointed out the necessity to acknowledge and learn from what has happened with memecoins, while still maintaining the development of products with real value. This shift could create opportunities for technology-related projects rather than just investments in memecoins alone.