The kiloex project promised an airdrop in the third quarter of 2024, but it was directly rug pulled. Is CZ not going to do anything about it? 😅

Previously, Binance founder Zhao Changpeng (CZ) stated his commitment to investing based on fundamentals. YZi Labs director Ella Zhang shared CZ's tweet on X (formerly Twitter) and stated that YZi Labs will not prioritize short-term financial returns, but will focus on finding companies/projects that can sustainably create long-term value. These companies typically possess three key characteristics: 1) a strong competitive moat, 2) a management team with a long-term vision, 3) resilience and adaptability to economic cycles and market fluctuations.YZi Labs believes that by supporting these companies/projects that focus on fundamentals and sustainable growth, YZi Labs will be able to harness the power of compounding over time; great businesses can transcend time cycles.