ChainCatcher message, Binance CEO Richard Teng stated in the Binance Square (celebrating the one-year anniversary of Binance CEO) AMA that Binance has a strict and comprehensive due diligence process to determine which tokens or projects can be listed on the platform, including Launchpool, Megadrop, etc.
Richard Teng pointed out that there is an independent team within Binance responsible for research and evaluation, which does not interact with the outside world to ensure their independence and avoid undue influence in decision-making and assessments.
Richard Teng stated that the key criteria for evaluating projects are primarily the quality of the project and the team behind it. Secondly, innovation and the project roadmap, and thirdly, market demand, community participation in project use cases, practical applications, as well as security and compliance.