It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
The second biggest Chain migration since EOS. I think CZ, Binance and the team are a bit underestimated. Binance controls a larger percentage of cryptocurrency market, advancing technology, great support and innovative. Even Vitalik will admit that Changpeng Zhao Binance is a threat