The new announcement is interesting. Binance is publicly recruiting projects to list coins. Currently, the market is full of new coins with low circulation and high market value. Whoever buys the new coins will take over. These new coins need to bring in tens of billions of US dollars to maintain the current price. If there is no money coming in, it will fall by dozens of points. Now no one is playing with new coins. If this continues, everyone will only play with big cakes, second cakes and memes.

Nowadays, few projects make money by operating their own projects. They all release coins and slowly unlock and sell them, and their reputations are ruined. I didn’t dare to buy a new coin this round, and I guess everyone is the same.

Binance also knows this situation and wants to break through. The previous fair mode $NFP was also an attempt, but it itself is not a profitable project. The subsequent megadrop $BB was also an attempt. Once these projects were listed on Binance, the users gave them such a high market value, which did not change anything.

Binance should explore new token issuance, and the project requirements have been put forward. I hope to select some high-quality projects. After all, the project itself must make money or innovate, rather than some copied gameplay. The unlocking of tokens should be based on the progress or profitability of the project.

I hope that the project parties who really do things will seize the opportunity to apply! Come up with some new gameplay.