Recently, two friends around me participated in different projects' community or KOL rounds. Originally, they were all set to launch and unlock, but due to the requirements from Korean exchanges and Binance, they were all asked to re-sign investment contracts, and the lock-up period was changed to more than one year.
Upon inquiry, I learned that many first-tier exchanges require project parties to lock for at least one year, and they will strictly monitor the project's on-chain unlocking status. If they dare to make any unauthorized moves, they will be penalized with a forfeiture of their deposit. As a result, everyone has become family now...
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