At the same time, we have to admit that coinlist is overtaking most launchpads in terms of profitability of their projects with the system of platform token staking in order to be eligible for participation. It should be recognized that most launchpads with this model of allocation are not profitable now and almost all sales start below the purchase price.
Overtaking in terms of profits? Im not so sure about that maybe past projects buy if you look on their latest projects like neon and archway, how can you compared that to binance launchpad performance. I think my last sale there was casper if I remember it correctly and I only join the common round unlike the one who can invest $1k. So in comparision, I think Binance is much way greater if you want to participate rather than gamble with a lots of queing method of coinlist.
Now the hype has died down, in addition the new coinlist rules are playing against them. The community is losing confidence in the platform. If we take coinlist's performance as a whole, not this year's sales, they have impressive results among the platforms that do not require staking platform tokens. Right now, binance remains one of the best platforms for new tokens, but it has a significant drawback. How much BNB do you need to have to get a $500 allocation? Such amounts are out of reach for most crypto users, coinlist and tokensoft were more democratic in this regard.