Written by: J1N, Techub News In the "Binance Global Registered Users Exceed 200 Million!" themed Space event hosted by Binance's Chinese official Twitter last night, Binance co-founder He Yi made a series of important statements. She elaborated on Binance's strategic planning in terms of risk control standards, zombie coin review, future track selection, purpose of signing with celebrities, and future development routes. Through these speeches, we can get a glimpse of Binance's latest trends and future vision in the global blockchain industry.
He Yi first mentioned that in the past, more emphasis was placed on user usability in product design, so it was not strict enough in some aspects. This experience has brought valuable lessons, and Binance will improve the current risk control standards and levels. Although price fluctuations were noticed, the risk control at the time did not think the problem was serious and therefore did not intervene. She made it clear that she did not believe that competitors were committed to stealing.
He Yi emphasized that Binance will improve the standards for project selection in the future, especially the review requirements for zombie coins. She hopes to find high-quality projects to help project owners attract new users and promote the healthy development of the market. When reviewing zombie coins, they will not only examine the activity of social media, but also pay attention to liquidity, development progress and regulatory requirements.
He Yi pointed out that although Coinbase is an excellent trading platform, Binance and Coinbase are taking completely different paths in the blockchain field. The two have different goals and development directions.
He Yi said that Binance is very optimistic about the stablecoin track and welcomes cooperation with stablecoin projects. She believes that stablecoins have great potential in future development, and Binance hopes to promote the growth of this field through win-win cooperation.
He Yi said that Binance faced many challenges and contradictions in the process of listing coins. In the future, Binance hopes to encourage more entrepreneurs to use blockchain, rather than just airdrops and transactions. Regarding zombie coins, Binance will regularly review the tokens that have been launched, pay attention to indicators such as their development progress, liquidity and negative information, and will attach monitoring labels to tokens with higher risks, and have a special department to conduct daily monitoring.
He Yi said that the main purpose of Binance signing football star Cristiano Ronaldo is to let more people outside the circle understand the crypto industry, not just to attract new users. She hopes that through such cooperation, more people will pay attention to and understand cryptocurrencies and the technology behind them.
He Yi revealed that the number of Binance users worldwide has exceeded 200 million. She said that future user growth requires the emergence of high-quality assets, so as to cross the gap and increase the number of users by another 5 times to 1 billion.
He Yi said that Binance only provides guidance for newly launched projects, such as whether to provide more airdrop shares, but will not interfere with the opening price of tokens. In response to malicious behavior or monopoly of market makers, Binance has strict standards for market makers of online projects, and the upper limit of the amount that can be transferred out each month is limited. She also mentioned that the essence of the anti-VC wave is not to worry about capital profit, but the lack of high-quality assets worth investing in. In the current process, project parties attract users through high valuations and airdrops, resulting in trading platforms being forced to list coins, and VCs are sometimes also the target of cutting in this process.
Through last night's theme Space event, Binance co-founder He Yi comprehensively elaborated on Binance's strategic upgrades and development plans in terms of risk control standards, zombie coin audits, and future track selection. She emphasized that improving risk control and project selection standards is an important direction for Binance in the future, aiming to promote the healthy development of the market. It is a different path from Coinbase. In addition, Binance is still optimistic about the stablecoin track and looks forward to promoting the growth of this field through win-win cooperation. He Yi also said that Binance will be committed to promoting the application of blockchain in entrepreneurship, strictly controlling malicious behavior, signing celebrities to promote the encryption industry, and looking forward to high-quality assets to drive user growth. Finally, she called on individual investors to strengthen research in order to make wise decisions in a rapidly changing market. Through these initiatives, Binance hopes to continue to lead the trend in the global blockchain industry and promote the healthy and orderly development of the industry.
