The Web3 world is never short of speculators, but a true public chain platform must become the guardian of the rules. When RedStone (RED) publicly tears up its airdrop commitment and maliciously raises the bar for retail investors just as the token is about to land on Binance, this farce thoroughly exposes the essence of its 'vampire capital game.' Binance's thunderous ban is not only a wake-up call to speculators but also a solemn vow to the entire Web3 ecosystem: those who deceive users will be bitten back!
1. The 'airdrop trap' of RED: rules change constantly, and retail investors become the victims.
At the sensitive moment when the token was about to land on Binance, RedStone was exposed for temporarily changing the total amount of airdrop distribution, originally promising to allocate 9.5% of the total supply of tokens to community airdrops. However, the project party has now decided to reduce the airdrop ratio to 5% of the total supply. This capricious behavior directly led to a loss of qualifications for many ordinary users, while early capital players could easily harvest chips through early positioning. Binance's decisive termination of the listing is a complete denial of this 'harvesting marketing'!
The change in airdrop rules before the launch of the RED token is essentially creating a 'legal cash-out channel' for its early investors and related parties. By reducing the airdrop distribution, they can avoid short-term selling pressure while leveraging the hype of Binance's listing to drive up prices, ultimately making retail investors the 'live targets' to be harvested.
2. Binance's 'termination key': defending community dignity through action.
Breaking the vicious cycle of 'bad money driving out good money'.
If projects like RED are allowed to manipulate rules to harvest retail investors, Binance will become an ATM for speculators, while true developers and users will be completely squeezed out of the ecosystem. This termination of listing is a firm adherence to the principle of 'compliance is justice' and a profound understanding of the long-term value of the Web3 industry.
Compared to some exchanges that turn a blind eye to project parties, Binance has shown the responsibility of a top platform: users are not just traffic but the foundation of the ecosystem. By decisively cutting off problematic projects, Binance has sent a signal to the entire industry—fraudsters will eventually pay the price, and integrity is the way to survive.
In the Web3 field, any project that attempts to manipulate rules and sacrifice user experience for short-term benefits will eventually be remembered by history as 'the accomplice of bubbles.' Binance's decisive action not only cut off RED's retreat but also drew a clear line between compliance and speculation.