There is a saying, the projects incubated by Binance Labs are, so far, the ones I have seen in the crypto space with the most concentrated and highest rate of losses that institutions try to avoid.
Most projects basically suffer a tenfold loss.
Moreover, the project parties can do anything.
Rating Binance Labs as a venture capital institution in the crypto space should result in negative points.
I don't know if it's due to lack of funds or some other reasons, but basically, the projects incubated all belong to the disgusting category, with no bottom line and a tenfold loss.
RDNT, GPT, ULTI, etc.
Seeing the projects incubated by Binance Labs, try to avoid the pit…
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