CZ Responds to Poor Performance of Many Binance-Listed Projects: Most Projects in Any Market Will Ultimately Fail, Retail Investors Should Focus on Fundamentals

BlockBeats news, September 26: Binance founder CZ, when asked on the "When Shift Happens" podcast why so many projects listed on Binance ultimately disappoint investors, said that in terms of the number of projects, most projects in any market or industry will eventually fail. The internet industry once had millions of companies, but only a few hundred may truly be successful today, and the companies with significant influence are even fewer; the AI industry may also show similar results. However, a small number of successful projects may achieve tremendous success.

Regarding the issue that tokens are open to the public, allowing retail investors to participate early but also potentially suffer losses, CZ said that this openness has both advantages and disadvantages. He does not agree with restricting ordinary people from participating in early investment through accredited investor requirements, believing that this may cause some people to lose the opportunity to gain returns from early investment. His personal philosophy is to provide the public with investment access and related education, and then let investors make their own decisions.

CZ also said that retail investors can profit in the crypto market, but all parties in the market need to maintain balance. Projects that attract investors through false promises, excessive hype, or easily misunderstood wording may profit in the short term, but will harm users' interests. The industry needs to encourage founders to adopt responsible practices, help users learn to evaluate projects, and reduce reliance on market hype and marketing, while paying more attention to fundamentals and gradually improving regulatory systems such as information disclosure.

He believes that projects that rely on excessive marketing to obtain short-term benefits will find it difficult to exist for the long term. In the end, those that can continue to develop will be platforms or projects that build steadily and have fundamental support, and the market itself will also form a screening mechanism.