Why Pi Network Is Not Included in Binance’s “Vote to List” Program

Why Pi Network Is Not Included

To be eligible for the program, the project must be hosted on the BNB Smart Chain network. This means that projects that are operated outside of BNB are not eligible for the program.

Unfortunately, Pi Network operates on its own blockchain, which makes it ineligible for the initiative.

Many believe that Binance is favoring memecoin projects that are based on its own network.

Previously, when Binance launched a community vote to seek users’ opinions on whether to list Pi Network on the exchange, the majority of participants voted in favor of PI.

However, the Binance team has yet to take any action. The exchange even downplayed the community’s reaction to listing PI, stating that the final decision would be made after considering other factors.

With this latest development, many have pointed out that Binance needs to support projects with solid foundations like PI rather than memecoins with no utility.

Interestingly, some of the projects included in the first campaign have strong backing from celebrities. The case of Mubarak is a typical example.

Mubarak has recently been in the spotlight, when Binance founder – Changpeng Zhao, expressed his support for the token.