YZi Labs launches application for the "CZ Token Issuance Crazy Ideas" project and will receive priority review
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17 hours ago 3,945
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According to Golden Finance, Ella Zhang, the head of YZi Labs (formerly Binance Labs), forwarded the tweet on the X platform of "Token Crazy Ideas" released by CZ yesterday, and announced that if a long-term builder creates a project based on the idea of CZ, he can submit an application to YZi Labs and receive priority review from YZi Labs.
Previous news, CZ released a crazy token issuance idea, with the initial 10% of the tokens unlocked and sold on the market, and the funds obtained are used for project team development products/platforms, marketing, salary, etc. All the following conditions must be met for subsequent unlocking:
1. It will be at least 6 months since the last unlocking.
2. The token price must continue to be 2 times the price of the last unlocked within 30 days before unlocking.
3. Only up to 5% of tokens can be unlocked at a time.