Ella Zhang, head of YZi Labs (formerly Binance Labs), reposted CZ's tweet on "crazy token ideas" on X platform yesterday, and announced that if there are long-term builders who create projects based on CZ's idea, they can submit an application to YZi Labs and receive priority review from YZi Labs.
Earlier news, CZ released a crazy token issuance idea, where initially 10% of the tokens are unlocked and sold on the market, with the funds used for project team development, product/platform, marketing, salaries, etc. Subsequent unlocks must meet all of the following conditions:
1. At least 6 months since the last unlock.
2. The token price must remain higher than twice the price of the last unlock for the 30 days prior to the unlock.
3. Only a maximum of 5% of the tokens can be unlocked each time.
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