Binance Founder CZ Shares Golden Advice for Crypto Builders

Changpeng ‘CZ’ Zhao has once again offered valuable advice to young developers and entrepreneurs in the crypto space. In a recent X post, the former CEO and cofounder of Binance spoke directly to builders about what truly matters when creating and pitching a product to investors. Binance Executive Leader Says Simple Pitches Work Best In his post , CZ encouraged entrepreneurs not to take shortcuts. He emphasized that the main priority should be building a strong product, not making fancy presentations. According to him, strong products do not need a lot of decoration. The time spent on making things look good should come only after the product itself is working well. He advised young entrepreneurs to prioritize the latter, meaning the product must come first. Furthermore, the Chinese-Canadian businessman also gave tips on how to present a product to investors. Speaking as a successful investor, he said a pitch does not need to be long or hard to understand. He said it is better to keep it short, clear, and focused on what makes the product valuable. This, he said, is more effective than trying to impress with flashy slides or big words. CZ Still Has a Strong Voice in Crypto Although Changpeng Zhao is no longer Binance’s CEO, he’s still active in the crypto world. He shares his views, gives advice, and supports key efforts in the industry. In May, CZ confirmed that he had applied for a presidential pardon from Donald Trump, even though he had earlier denied it. This came after CZ met with the World Liberty Financial (WLFI) team in Abu Dhabi in April. At the meeting, Zhao discussed strategies for global crypto growth and industry improvement. He urged leaders to build trust and make cryptocurrency more accessible and beneficial for people everywhere. CZ is also known for giving back to the crypto community . At a charity dinner, he offered help to people who lost money in the LIBRA token scam. BNB Hits Record Before Quick Pullback This advice came shortly after Binance Coin (BNB), the native token of Binance, reached a major milestone. Earlier this week, BNB hit a new record high of $859 per coin. This is its third time breaking records in just one week. This sharp rise significantly increased CZ’s net worth, as he is said to own over 60% of all BNB in circulation. Some community members even suggested that CZ briefly passed billionaires like Bill Gates and Warren Buffett in wealth. However, BNB’s market rally was short-lived. At the time of writing, BNB has dropped by nearly 5% and is trading at around $782, according to CoinMarketCap data. Its market value also fell from $119 billion to about $110 billion. Still, analysts are optimistic that BNB may continue to rise in the long term. Earlier in May, Standard Chartered analysts predicted the BNB price to reach $2,775 by 2028 . The post Binance Founder CZ Shares Golden Advice for Crypto Builders appeared first on TheCoinrise.com .