Wing is not developed by Binance, they are a project of an ONTOLOGI derivative that wants to enliven the DEFI market which is now a HYPE in the market so they are raising funds through Binance, while Binance is one of the biggest investors from WING
so just like the other project, in the hype on defi now ontology also develop somekind of defi project right ?
but, seems this will be interesting if binance become one of the biggest investors on wing
It was being developed by the developers who have been using ontology platforms to build the defi derivatives project.
It's the same as bel or flamingo that have already launched through to the launch pool of binance. Basically, the main aim of launch pool to create a fair distribution based on the binance staking through the liq mining pool on the binance itself.
It's not about grabbing the money like ico. The more binance and the more coins that you will get from there. The projects that have launched through the launch pool didn't have direct relationship with binance.
It seems he meant that Binance had IEO for this project. Is this related to Ontology team (I mean if someone from Ontology team take part in development of this project or this is third-party developers)?
As far as I understood their token created on their blockchain as well.