Binance CEO Richard Teng mentioned in the Binance Square (celebrating the one-year anniversary of the 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, and they do not interact with the outside world to ensure their independence and that they are not unduly influenced in decision-making and evaluation.
Richard Teng stated that the key criteria for evaluating and assessing 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 use cases, practical applications, as well as security and compliance.