What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
CMC will be operating independently without direct intervention from binance. Im not sure if that will give a direct impact to the crypto but i just hope binance can remove all of the crap platforms that are still listed on the coinmarketcap. Maybe this will not affect so much but that's enough to bring back the golden time of CMC
I don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone.
If Binance manages Coinmarketcap, I think we will still be fair, do not worry Binance will abuse it because they are completely transparent. We can be confident and trust them, they have never let us down for years