- Binance CEO CZ says AI agents should prioritize utility over launching tokens.
- Industry figures debate the role of tokens in AI-driven crypto projects.
- Some argue tokens enable funding, governance, and community growth.
Former Binance CEO Changpeng “CZ” Zhao sparked debate in the crypto industry with his stance on AI-driven projects. In a recent post, CZ stated that while cryptocurrency is the natural currency for AI, not every AI agent requires its own token.
Instead, he suggested that AI agents could charge fees for their services in existing cryptocurrencies. He also emphasized that projects should only launch tokens if they have significant scale and utility.
Community Reactions: A Divided Response
His comments have drawn mixed reactions from industry participants. Some agree with his viewpoint, while others argue that tokens play a crucial role in AI ecosystems.
Crypto commentator AskNoel acknowledged CZ’s point but argued that a well-structured token could enhance network effects and sustainability at scale. He emphasized the importance of utility, citing the decision to launch his project’s token on BNB Chain to drive adoption.
Related: Binance CZ Declares Crypto as AI’s Currency of Choice, Highlighting Role in Efficiency
Similarly, Big Frugowski highlighted that AI projects thrive on community engagement. He noted that tokens can serve as a tool to unite users around shared solutions. He also noted that gated services and real-time feedback mechanisms are benefits of integrating tokens into AI projects.
The Case Against Every AI Project Having a Token
Others, like Crypto Jones, warned that excessive token launches flood the market and dilute the value of existing cryptocurrencies. He pointed out that some AI projects already use a primary token to power an entire ecosystem, making additional tokens unnecessary.
However, Talos argued that utility and tokenomics are not mutually exclusive. He noted that some AI agents actively contribute to DeFi liquidity and governance, making tokens essential to their function.
Funding and the “Speculation Trap”
Meanwhile, one of the biggest concerns community members raised concerning launching a token was funding. R Saint pointed out that many AI projects rely on token sales through initial DEX offerings (IDOs) and initial coin offerings (ICOs) to raise capital. Without a token, securing funding could be more challenging.
Meanwhile, CryptoWala linked the discussion to broader market trends. He stated that the industry remains distracted by speculative trading and high-leverage investments. He suggested that a true bull run would only emerge when the market shifts toward utility-driven projects.
CZ Previously Denied AI Token Involvement
This discussion follows Zhao’s previous clarification on February 16. He mentioned that he does not back any AI agent tokens. He also emphasized that real-world use cases and long-term growth should be the focus.
Related: Binance’ CZ: Interested in AI on Blockchain, But Not Launching a Token
Meanwhile, Zhao later hinted at a tutorial video from the BNB Chain team that would guide users in building AI agents.
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