I believe Binance needs to focus on the quality of new coins being launched. For this year's new coins, especially those related to staking and mining, we need to implement a three-in-one approach of selection, incubation, and support.
1. Selection: Conduct strict reviews of project teams, rigorous research and investment, and select good projects with long-term development potential.
2. Incubation: Play the role of an incubator, attracting the best talents and projects from around the world.
3. Support: It's not just about launching and forgetting; we need to invest appropriately and timely in the projects we've launched.
Only by doing this can we achieve high-quality development, leverage the inherent advantages of centralized exchanges, and create a virtuous cycle of the Binance Coin shovel effect and the value-added effect of high-quality new projects: the higher the value of Binance Coin ---》 the better the new launches ---》 the higher the mining benefits ---》 the higher the value of Binance Coin...
In simpler terms: I bought new coins and got stuck, please pump it up fast 😭