So we all witnessed the first major exchange-run tokensale, the BTT tokensale at Binance. Binance has decided to list tomorrow and looking at the sentiments around the reply given, it may not be a good idea for future projects.
Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
source:
https://twitter.com/cz_binance/status/1090572501476765697There is no need to be a bad thing. Binance are getting another source of revenue, the ICO get insta buyer traffic and listing and it's more probable Binance to check it deep is it worth it. Because they are lining their reputation with direct ICO listing.
Hitbtc had similar market an year or two ago and it was quite popular.