TechFlow reported on March 2 that Binance founder Changpeng Zhao (CZ) mentioned he might support certain projects adopting his proposed token economic model, but emphasized that no token model can solve all problems and that any model could potentially be manipulated.
CZ pointed out that the key to a project's success still lies in fundamental factors such as product quality, community, and revenue, particularly requiring founders who are both trustworthy and capable. He believes his previously proposed model offers certain advantages or differences compared to existing fixed vesting schedules, though its actual effectiveness remains to be seen.
Previous report, CZ posted about having a "crazy idea" regarding tokenomics, but clarified he has no plans to launch a new token.
