He Yi published a long article in Binance Square, saying that Binance's coin listing consists of four links: business, research group, committee, and compliance review. He hopes that the project has a solid business model, income, a reliable team, entrepreneurial potential, and a valuation that is not too high, and can take care of the community's common growth; recently, several MEME projects with relatively dispersed tokens and low market capitalization have been listed. More than a dozen projects were screened in the initial stage, and many of them failed due to compliance review and token concentration; the Binance coin listing team has been slaughtered for several rounds. Currently, people doing coin listing research at Binance do not talk about business. When talking about business terms, they do not know what projects have entered the observation pool. Everyone only knows the progress of the project they are responsible for.