Binance CEO Calls Out AI Token Hype, Praises Utility Focus at Token2049

Binance CEO Changpeng Zhao (CZ) challenged the hype surrounding AI agent tokens at the Token2049 conference, urging projects to prioritize real-world utility over mere market excitement. He compared the crypto landscape to Amazon’s rise, suggesting many tokens will likely fail in this upcoming market cleansing process. CZ emphasized that true value comes from tangible applications, not just tokenization.