Although CZ @CZ no longer holds any position in Binance after his return and has retreated behind the scenes, he is still the largest shareholder in Binance and has a say in major decisions. Just like Huang Zheng of Pinduoduo, who has retreated behind the scenes but is still growing rapidly and has a market value that once exceeded Alibaba, my expectations for Binance are the same as Pinduoduo. I hope that BNB will have a chance to surpass ETH in the future. This time CZ's return has given everyone more confidence and brought more possibilities to the second half of the crypto industry.
Even with CZ’s absence, Binance is still growing fast
🔸Registered as a reporting entity in India and obtained 🌍19 regulatory licenses worldwide
🔸The number of BiAn users worldwide exceeds 200 million🏆
🔸BNB broke its all-time high of $721 in June
🔸Binance’s historical trading volume exceeds $100 trillion📊
🔸The 6th Launchpool was launched🎁
🔸Performed 2 Megadrops
🔸3 meme coins were listed at once
Of course, it is inseparable from the support of the new parents @Richard Teng and @Yi He . In April, we were fortunate to meet and exchange in Dubai. Yijie also shared how Binance took 6 months to become the world's number one exchange and has been leading the market, using the community to promote development, and is willing to share profits with users and participants to grow together with Binance 🌱.
In the past few months, Crypto has also undergone earth-shaking changes, even shaking the foundation of the entire industry. In the bull market, people are no longer willing to believe in the grand narrative portrayed by VC coins, and the market has turned to hype the seemingly fairer meme, which has indeed made many people feel confused and anxious.
Because vc coins do not make money through landing applications but through high fdv and low circulation, maximizing their own interests and harvesting the market by selling tokens. Meme uses community culture and fairness to package the fantasy of getting rich quickly. Although it has brought some incremental users to the circle, it is very limited, and only a very small number of people benefit.
I recently reread the 15 principles you wrote: sharing everything from life, company operations to work communication at Binance.
Changpeng Zhao’s 15 principles
I remember once saying, "In the next ten years, I hope more people will understand the value of crypto technology." You don't want the crypto world to be a paradise for a few people, but to make it accessible to more ordinary people. I am also looking forward to seeing such a future, because you are always at the forefront of the industry, whether it is the overseas expansion of 94 in 2017, the IEO boom in 2019, or the DeFi summer in 2020, you always look at the development of the industry with a forward-looking perspective. I look forward to the future of the Crypto industry after CZ's return.
