Discover the main advantages and disadvantages you will have when becoming an investor in the new #Binance project available at #Launchpool , #io .
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Now let's first learn a little about the IO project
IO.NET (IO) is a decentralized Artificial Intelligence computing and cloud platform (#ia ). In short, the project promises to increase computational power, as well as make machine learning training offered through traditional means cheaper.
Binance will be the first broker to list it, knowing this, these highlighted words are the key piece of the puzzle on this subject.
Main advantages you will have by investing in the IO token
1. Influence
The fact that Binance is the largest global crypto broker today provides a great global influence for Binance, in which its influence can hang over the project, allowing it access to more opportunities, respect and reach. Which allows you, a possible investor in the project, to be exposed to the possibility of short-term gains.
2. Leverage
Because Binance is the first broker to list the token, investors here will have an advantage over those from other possible brokers that list the asset in the future, as the former are more likely to participate in the possible appreciation at the beginning. In other words, you Binance user who participates in the beginning of this project has a greater chance of catching the "wave" of appreciation at the beginning than other investors from other brokers, who are more likely to participate in the "wave" in the middle or almost at the end. . Did you understand the context? So let's go to the next one.
3. Development
Because the token is starting on the world's largest crypto exchange, its reputation, recognition, reliability and development can be boosted by the high influence that Binance has globally. This gives you, as a possible investor in the project, a greater chance of gaining from its growth. As the project grows and develops, the token you invest in tends to increase in value together. Next.
4. Recognition
Binance's global influence could cause the token to be listed on other exchanges in less time than it would normally take. Thus providing you, who are a possible investor, with more chances of earning as well, as generally when an asset is listed in a new brokerage it gains a high appreciation, especially in large brokerages that have a high global influence.
Main Disadvantage
Now that we understand the main advantages for you who are thinking about investing in the project, be aware of the risk, that is, the main disadvantage that you will have to assume when investing in the token.
Just as Binance's influence can help you, it can also harm you to the same degree or even worse. How to generate speculation or definitions above the real potential of the asset, causing it, in many cases, to fail to meet expectations and run the risk of tarnishing its reputation, such as receiving the reputation of being a dubious project, for example.
Concluding the reasoning
There are several other advantages as well as Disadvantages that you will have when investing in the project, I have mentioned here just the main ones that you will have as an investor participating in the beginning of the journey of this asset.
Knowing this, never forget to follow the crucial rule as an investor, which is to do your own research and analysis before starting a possible new investment.
To conclude, the project's launchpool, which allows you to earn the token for free by staking $BNB and the stablecoin $FDUSD , is still active, and there is still time to participate if you are not , just buy one of the coins mentioned highlighted. If you want to participate, hurry up as time is short.
I hope I have given you clarity and informative value. To the next!