There is a callback opportunity to enter the market
1. BNB’s core value empowerment
As the world's largest cryptocurrency trading platform, Binance uses BNB for transaction fees, #launchpad, Binance Chain, etc.! With the expansion of the ecosystem, the value of BNB will surely increase further in the future.
2. Token Economics Advantages
BNB has a "destruction mechanism". Binance will destroy part of BNB every quarter based on the platform's profits. It has been implemented for many years. Therefore, the market supply of BNB is decreasing every quarter. Coupled with Binance's strong and continuous liquidity, it can help promote the long-term growth of BNB prices!
3. Comparison of the team’s revenue sources
The Ethereum Foundation's income sources mainly come from the following aspects:
Initial token issuance, ETH holding appreciation, investment returns, donations and sponsorships, etc., including some activities and cooperation, can also make some profits!
Binance’s pipeline income source is relatively easy
Trading fees, withdrawals and deposits, Binance launchpad, lending and financial products, payment services, partnerships and sponsorships, and much more!
Binance has hundreds of millions of users, providing it with a steady stream of cash flow. It can be said that it earns more than the Ethereum Foundation even if it just lies down every day! CZ has a big vision and has never sold BNB. On the other hand, everyone knows what V God and the Foundation are doing even if I don’t say it. Now when I write content, my heart is still full of excitement.
4. Governance and Centralization
Although we often advocate the decentralization of blockchain, when the subject is not a project or a product but an ecosystem or a unicorn, the feasibility of decentralized governance is not that high!
Judging from a series of events that have happened in the past two years, centralized governance can quickly make reasonable plan adjustments based on market reactions! For example, some time ago, everyone pointed the finger at Binance, believing that it listed coins too quickly and extracted market liquidity. Soon, Binance reduced the frequency of listing coins, and everyone naturally had nothing to say! In addition, when encountering some emergencies, Binance has many feedback channels!
7X24 hours multi-customer support
Social media and community feedback - WeChat, TG, twitter, announcement system, user surveys and feedback, etc.
These channels can quickly reach retail investors, these are his advantages
So if I could go back in time, I would definitely go all in on BNB instead of ETH
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