Genius secures millions in funding from @yzilabs + gets @cz_binance as advisor, making it very FOMO-worthy
It's interesting to understand its strategic positioning:
It's not aiming to replace Aster, but rather to help BNB Chain capture the massive profits from the Meme wave, reclaiming revenue from non-Binance projects like GMGN and Axiom.
Consider that GMGN earned $4.5 million in just 7 days—Genius only needs to capture half of that to return its millions in investment in no time.
🎯
Benchmark logic:
- Aster⚔️Hyperliquid
- Genius⚔️GMGN/Axiom
Will Genius succeed? The key lies in whether it can learn from past mistakes.
YZi Labs previously invested in a similar project—@ParticleNtwrk's UniversalX, a trading terminal—which ultimately failed to compete with GMGN and faded away.
Clearly, Binance is unwilling to give up profits from Meme trading tools, which is why Genius was launched this time.
To be honest, after testing the product with small amounts, the trading experience is underwhelming. The first trade requires about 5u as gas fee, which is not user-friendly for small investors.
Trading Meme coins demands speed. After using GMGN, switching to Genius feels slow, and errors keep occurring—no clear reason why.
If Genius truly wants to compete with GMGN, its user experience must match the competitor’s. Otherwise, relying solely on airdrop enthusiasts to generate fees may leave it in a vulnerable position after launch.
It's interesting to understand its strategic positioning:
It's not aiming to replace Aster, but rather to help BNB Chain capture the massive profits from the Meme wave, reclaiming revenue from non-Binance projects like GMGN and Axiom.
Consider that GMGN earned $4.5 million in just 7 days—Genius only needs to capture half of that to return its millions in investment in no time.
🎯
Benchmark logic:
- Aster⚔️Hyperliquid
- Genius⚔️GMGN/Axiom
Will Genius succeed? The key lies in whether it can learn from past mistakes.
YZi Labs previously invested in a similar project—@ParticleNtwrk's UniversalX, a trading terminal—which ultimately failed to compete with GMGN and faded away.
Clearly, Binance is unwilling to give up profits from Meme trading tools, which is why Genius was launched this time.
To be honest, after testing the product with small amounts, the trading experience is underwhelming. The first trade requires about 5u as gas fee, which is not user-friendly for small investors.
Trading Meme coins demands speed. After using GMGN, switching to Genius feels slow, and errors keep occurring—no clear reason why.
If Genius truly wants to compete with GMGN, its user experience must match the competitor’s. Otherwise, relying solely on airdrop enthusiasts to generate fees may leave it in a vulnerable position after launch.