Nowadays, some people claim that BNB is doomed to collapse. Why? Because the project party listed the coin, and the valuation is not high, who would choose Binance? But what I want to say is that this is the inside story of the industry: high valuations are listed, and only VC projects are listed. So you couldn’t buy 0.001 SUI, 0.001 OP and ARB in the last bear market. SOL can be bought at 10u, so it has increased 20 times.
It seems that exchanges only serve institutions, and they list coins after institutions pay them. It seems that retail investors have little effect? But in fact, the reason why exchanges are what they are today is entirely supported by retail investors. Too many exchanges ran away in the early days, and good exchanges have become what they are today because they are spread by word of mouth by retail investors. If retail investors lose a lot of money, they will definitely complain, and their reputation will be gone.
Listing a coin on an exchange should not be a matter of discussing with VCs how much you can earn. You should consider whether retail investors can make money using your exchange. In the next era, the exchange that can make everyone earn money will be the first.
Although I have said so much and have spoken for retail investors, it is extremely difficult to change the rules of any market. VCs have money, image, and reputation. However, projects that can make a lot of money often have no VCs, low valuations, and may die without start-up capital.
So can the exchange give some small projects a chance? A valuation of 1 million dollars is enough for 3 people to work for a year! For people who really do things, 3 people are enough.
Perhaps after the industry is standardized, we can buy potential projects like BTC and ETH after more than 10 years of blockchain development. It depends on our own ability and vision as retail investors.
