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/1090572501476765697I think this is their strategy to dominate the crypto exchange industry. Forces users of their exchange to buy their tokens in exchange for benefits they can acquire as holders. I don't know if this is a fair practice but as users, you tend to buy to avail these promised benefits.