In the world of big boy crypto listings, we’ve got two takes—and both are spicy. 🌶️
First up, a Tier 1 project, fresh off a near nine-figure raise, spends over a year jumping through Binance’s due diligence hoops. Just when they think they’re in, Binance drops a little request: hand over 15% of your token supply. For context, that’s a cool $50M to $100M just to secure a CEX listing. According to some, that’s enough to give any project’s chart a nosebleed. As they put it: something’s gotta change.
Then, enter Take #2. Imagine the opposite narrative: "These founders want to dump their ‘magical’ tokens onto retail, tied to a company with zero revenue." But Binance? They’re the gatekeepers here, apparently protecting the masses from vaporware and inflation. Their price? A pound of flesh, or rather, a chunk of token supply they’ll “generously” redistribute to loyal BNB holders through their launchpad.
So who’s in the wrong? Are we watching Binance bleed projects dry with brutal fees, or just seeing them serve justice on a silver platter? Because hey, if your coin’s only shot is Binance’s distribution, guess what—it’s time to pay up.
In the world of big boy crypto listings, we’ve got two takes—and both are spicy. 🌶️
First up, a Tier 1 project, fresh off a near nine-figure raise, spends over a year jumping through Binance’s due diligence hoops. Just when they think they’re in, Binance drops a little request: hand over 15% of your token supply. For context, that’s a cool $50M to $100M just to secure a CEX listing. According to some, that’s enough to give any project’s chart a nosebleed. As they put it: something’s gotta change.
Then, enter Take #2. Imagine the opposite narrative: "These founders want to dump their ‘magical’ tokens onto retail, tied to a company with zero revenue." But Binance? They’re the gatekeepers here, apparently protecting the masses from vaporware and inflation. Their price? A pound of flesh, or rather, a chunk of token supply they’ll “generously” redistribute to loyal BNB holders through their launchpad.
So who’s in the wrong? Are we watching Binance bleed projects dry with brutal fees, or just seeing them serve justice on a silver platter? Because hey, if your coin’s only shot is Binance’s distribution, guess what—it’s time to pay up.