YZi Labs launches application for the "CZ Token Issuance Crazy Ideas" project and will receive priority review

PANews March 2, YZi Labs (formerly Binance Labs) head Ella Zhang 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. At least 6 months after the last unlock.

2. The token price must continue to be twice the price of the last unlock within 30 days before unlocking.

3. Only up to 5% of tokens can be unlocked at a time.