Quote from: Btc_1856 on Today at 12:14:21 PM

Quote from: Psynthax on Today at 12:04:46 PM

Quote from: pacman7331 on Today at 10:45:55 AM

It seems Binance is dealing with the Coinmarketcap by 400 Million USD! If it gets done then this will be one of the biggest deals in crypto history! Anyone who has an idea about the crypto industry knows the CMC name and use it! Such an important tool it is! Though CMC has a bad reputation for helping scammers! But overall, Do you think this deal will be positive for the crypto? Don't you think 400 Million is too much for the CMC?

News source: https://www.theblockcrypto.com/post/60371/binance-is-set-to-acquire-coinmarketcap-the-deal-could-be-worth-as-much-as-400-million

It's too much for a crap exchange site like coinmarketcap which always helping scammer. I personally will prefer to see binance will try to acquire crypto rank rather than MCAP. it looks like that binance is looking for the traffic that has already acquired by MCAP site.

Not for advertising, now most of the people are searching coins through CMC, which many people are losing their money through fake pumps which are listed in the CMC. Once if Binance acquires CMC there is a huge change in terms of listing because the will be in a selective manner in order to eliminate fraudulent.

People will still says it is centralized that not all coin is getting listed on the CMC. Gone are the days that CMC too have strict rules regarding listing. In fact getting listed on CMC before is a positive signal that can influence the trading volume of such coin on any exchange it is listed. The fact still remain that many people want a platform that offer strict rules regarding fake and shitcoin but a lot of people will still complain of centralization