#VoteToListOnBinance Theo CZ, the founder of Binance, the AI-agent token sector has decreased sharply by 61% in value, from 70.4 billion USD to 27 billion USD. The main reason is due to too many projects issuing tokens but lacking real-world applications.
He believes that not every AI project needs to have its own token; instead, they can charge fees using existing cryptocurrencies. The most important thing is to build genuinely valuable AI products, rather than just chasing the trend of issuing tokens to raise funds without providing long-term benefits.
Source: thuancapital