Binance Founder CZ Reveals the Crypto Project He Regrets Supporting

Binance founder Changpeng Zhao (CZ), who occasionally makes headlines in the cryptocurrency world with projects he praises, this time expressed his regret about a failed ￰0￱ stated in his assessment that the messaging platform ReachMe didn't meet his ￰1￱ said the lesson he learned from this experience was that crypto projects shouldn't issue tokens without ensuring product-market ￰2￱ News: This Altcoin Consistently Sees Unusual Transfers to Arthur Hayes' Wallet from Developers ReachMe was a “Pay-to-Reach” messaging app built on the BNB ￰3￱ system, which allowed users to pay to send direct messages to influencers, was intended to reduce spam. However, contrary to expectations, the app ended up pulling more junk content instead of helpful ￰4￱ project, which never issued a token, failed to find product-market fit and was shut down as a small-scale experimental ￰5￱ lessons from this process, CZ issued the following warning to crypto entrepreneurs: “Don’t rush into issuing tokens, only consider it after the product has really generated interest.” *This is not investment ￰6￱ Reading: Binance Founder CZ Reveals the Crypto Project He Regrets Supporting