Zhao Changpeng's detailed explanation of the chaos in cryptocurrency: 99.99% of AI tokens are useless and want to see the actual purpose

Binance founder Zhao Changpeng (CZ), once again fired a fire on the chaos in the currency circle.

He said bluntly that there are many cryptocurrency projects on the market with the name of "AI" now, but they have almost no real purpose.

Zhao Changpeng called for the combination of AI, blockchain and cryptocurrency to move towards "pragmatism" rather than just hype the price of tokens.

Zhao Changpeng said at the "Token2049" conference held in Dubai recently: "There are too many AI agents (AIAgents) on the market now, each with tokens, but in fact it is useless at all.

What I want to see is that AI Agents that truly have substantial functions can truly help people through tokens. "

Now there is even an AI token issuing platform that can create an AI project named after your name with one click, but 99.99% of these tokens are useless.

Zhao Changpeng emphasized that the emergence of AI is not only a new topic in the currency circle, but also a big wave that will soon completely subvert the user experience of cryptocurrency and the way people interact with blockchain. From application experience, to customer service processes, risk monitoring, etc., everything will be rewritten due to AI.

He also lamented that the development of the cryptocurrency industry was earlier than that of AI, which is unfortunate. The currency circle now must transform itself and truly embrace AI technology.

Zhao Changpeng also revealed that his education platform "Giggle" has long imported a large amount of AI, especially in language translation.

Zhao Changpeng believes that the combination of AI and cryptocurrency is actually far more natural than the outside world imagined. "The currency of AI is crypto assets," he said.

He gave an example. AI Agent cannot swipe cards, nor will it receive a text message verification code. "These mechanisms do not work for AI at all. What they need to use is cryptocurrency."

Zhao Changpeng also pointed out a phenomenon that few people talk about - the network information used to train AI models is actually almost "squeezing dry".

He proposed that in the future, new information can be collected through blockchain technology on the premise of protecting personal information, which not only protects privacy, but also allows users to "get a piece of the pie" from the data they generate.

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