#CZ'sTokenModelIdea $Changpeng Zhao (CZ), FOUNDER of Binance!!!
#CZ'sTokenModelIdea 🚨$Changpeng Zhao (CZ), founder of Binance, recently proposed a new tokenomics model aimed at stabilizing altcoin markets. This model stipulates that only 10% of the token supply will be unlocked at launch, with subsequent unlocks depending on the token price doubling and maintaining that level for 30 consecutive days, with a six-month pause between unlocks. Each subsequent unlock will release no more than 5% of the total token supply. The goal is to align the unlocking of tokens with positive market dynamics, potentially reducing price volatility.
In related news, CZ announced that he has no intention of initiating new crypto projects. Instead, he plans to mentor and support other entrepreneurs in the field, reflecting a shift from running projects to providing guidance and support to new talents.
Moreover, following the recent decline in Bitcoin and altcoin markets, CZ advised investors to adjust their investment sizes to levels they can comfortably manage.
