AI

Changpeng Zhao Claims AI Tokenization Is Unnecessary

Changpeng Zhao (CZ) has criticized the unnecessary tokenization in AI projects, claiming many are issuing tokens without any real-world use cases.

Development Before Tokenization

The Binance founder said the focus should be on developing strong AI agents before launching tokens. His comments resonated with the crypto community, with figures like Satoshi Club estimating that 95% of AI projects don’t require tokens.

 

Source: Changpeng Zhao

 

The discussion expanded to include funding models in crypto, with industry voices like Kato noting the challenge of securing traditional capital, often leading to token-based fundraising.

 

Stricter Criteria

The debate also raised concerns about listing practices, with CryptoScoop suggesting Binance should apply more stringent criteria for token listings based on utility rather than just fundraising potential.

In any case, CZ’s comments reflect growing general concerns about tokenization in AI and emerging technologies.

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