Because Binance Coin is controlled by Binance. It's a Blockchain, but not really decentralized. It's a big issue for every sovereign coin, if it's not decentralized.
I don't know about EOS but it doesn't seem to be very famous. I don't know any new projects building on EOS currently.
If you don't know about, doesn't mean it's not famous. I know about EOS.
You can try checking about their development updates, marketcap, trading volume,...
If it would be famous, I would know it. I know it was ranked higher a few years before but it collapsed.
I don't know any promising products being built on it recently. Maybe only a tiny bit of projects.
Because Binance Coin is controlled by Binance. It's a Blockchain, but not really decentralized. It's a big issue for every sovereign coin, if it's not decentralized.
In a centralized world, it wasn't that big issue not to be decentralized.
Think which one users/investors would trust between:
- Binance coin which is controlled by a trusted third part and it's a regulated entity trusted by the majority of world users.
&
- any new coin in the market. new means even if it is fully decentralized.
Successful projects are not all decentralized, except for bitcoin for sure.
Yes, in a centralized world it is not a big issue but Crypto needs to be decentralized to be a good Crypto.
For a centralized company, it's not really needful to have a coin but Binance makes good marketing to say it is a good coin (but it's not a good coin).
It still takes also some time for new coins to achieve reliable trust.