19:00 ▪
5
min in reading ▪
Bintanca, although centralized crypton exchange, moves towards more decentralization with its fully new participatory management system. Users can now vote for a list or delusion of digital assets, directly affecting the market. This initiative aims to greater transparency and increased commitment to the community. But which concrete influences for investors and projects in question? Dive into detail.
Bintanca is revolutionarizing the community voting list
After the announcement Withdrawal of several stable and in EuropeMastodon Cex was introduced Two new features: “Vote for the list” and “Vote for deletion”. Vote, just have At least 0.01 BNB. Thanks to this mechanism, projects with strong community support will be able to see the light of the day in Binans, while the spirits of cryptosis can be kicked out.
But everything isn’t that simple. If idea looks democraticThe reality could be completely different. Indeed, projects with large communities will have an undisputed advantage, leaving new on the tile. As I highlighted himself:
“” Voting in the number of users promotes large communities. Voting in value promotes whales and large capitalization. Will always be dissatisfied. »»
To make the whole more transparent, Binance now showing a list of budgets and distributes signs planned in the form of air floors. Other new products include exclusive possibilities via binary wallet and early access to handheland projects Web3.
Real lush for investors? Or a playground for big brackets?
Will Era Selection: Community will really be able to dictate lists?
The user’s participation could redistribute the crypto market card, but several questions remain unanswered. Will altcoins with high potential really benefit from this update or will we see a tidal wave of Cryptos? Because let’s be honest, The power of the community is hugeAnd some eccentric currencies can give the law.
Some key points of this new system:
- Voting that requires at least 0.01 BNB per user;
- Entering projects selected in the “polling pool” before it is listed;
- Supervision of inactive or suspicious cryptos through the “tracking zone”;
- Abolition of the upper boundaries of the price on trading in front of the market;
- Exclusive events for Binance wallet holder.
Finally, this mechanism could strengthen the credibility of crypton exchange in Eliminating questionable projects.
But how can we avoid manipulating voices organized groups? The future will tell us.
Decentralization or illusion? Limitations of the participle model
If we believe Binance, the goal is clear: ” Closed cooperation with the community creates greater value for users and project teams. »»
However, some fears appear. What if the promised decentralization was just a facade?
Delister Crypto will be subjected to The same rules as the list : Voting and validation of the Community by exchange. However, some projects could be considered not exposed for legal reasons, but simply due to lack of popularity. Not to mention the famous “whales”, these great investors who are capable of influence the market with several million.
New tools such as Launchpool, Megadrop or trading in front of the market High opportunities. But it remains to be seen whether they will benefit everyone or just a handful of privileged. Bininanca wants to strengthen its ecosystem while offering more user control.
Successful bet? It’s still too early to say.
Already in mid-February, Binanca tested this model with Massive voice on Papi coinwithout release that the community is constantly settled. General rehearsal before applying overall management?
Maximize your cointrib experience with our ‘Read to earn’ the program! For each article you read, earn points and access to exclusive rewards. Sign up now and start accumulating advantages.
BlockChain and Crypto Revolution is on the go! And the day when the influences will feel the most vulnerable economy of this world, against each hope, I would say I was there for something
Give up
Words and opinions expressed in this article, only their author engage and should not be considered investment advice. Complete your research before any investment decision.