These are false statements made based on nothing just to discredit an innovative project, you are the anti-progress, the important thing is that your belly is okay
shivamj656
--
Binance rejecting Pi Coin listing:
*Reasons for Rejection š«* 1. *Closed Mainnet š§*: Pi Network's mainnet is not open, raising concerns about liquidity, transparency, and decentralization. 2. *Regulatory Concerns šØ*: Pi Network's unclear regulatory status and potential non-compliance with financial and security regulations. 3. *Centralization š¤*: Pi Network's high level of control by its core team raises concerns about decentralization. 4. *Lack of External Liquidity šø*: Pi Coin's limited trading activity and liquidity outside of its enclosed mainnet. 5. *Community Expectations vs. Reality š¤*: Pi Network's large community doesn't guarantee a listing without meeting fundamental criteria.
*What's Next for Pi Coin? š¤* 1. *Launch Open Mainnet š*: Allow full decentralization and free trading. 2. *Gain Regulatory Clarity š*: Ensure compliance with financial and security regulations. 3. *Ensure Liquidity š§*: Increase external market participation and trading activity. 4. *Decentralize Governance š¤*: Transition to a more decentralized governance model.
*Final Thoughts š”* Binance's rejection highlights the importance of proper blockchain development, regulatory compliance, and decentralization in the crypto industry š. Pi Network must address key concerns before securing listings on top exchanges š. #pi #PiCoreTeam #picoin #PiNetwork #PiNetworkMainnet
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
118
0
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto