In fact, in the spirit of respecting the objective laws of the capital market, there is not much to complain about the performance of the cryptocurrency market. The wealth effect is still much stronger than that of the traditional financial market. Moreover, the opportunities and people who make money in this world are originally few, and high-quality assets are also scarce.
Currently, there are 2,000 to 3,000 listed companies on the Nasdaq, Hong Kong and Shanghai stock exchanges, most of which are junk stocks and penny stocks with small market capitalization and trading volume and poor performance, while representative high-quality assets are limited to a few leading companies. In fact, the capital markets are all interconnected. The cryptocurrency circle will also be like this.
The new coins criticized by some retail investors and KOLs for opening high and then falling for a long time are actually the same trend of most stocks. The maturity of the cryptocurrency circle must go through a similar process as the stock market, because the secondary markets are all connected. However, the high-quality mining coins like SUI, which will be launched in May 2023, will still be selected by the market over time. I have heard many times that a research boss from my old brokerage firm recommended the concept of "core assets" during roadshows, repeating that "excitement comes from perseverance."
Yesterday, I agreed to promote the establishment of a regular information disclosure system for project parties: referring to the stock market, project parties are required to publish quarterly reports, semi-annual reports, and annual reports, and regularly disclose financial status, major events and other announcement information. At the same time, investors are warned of risks, and investors should DYOR. This is very meaningful. In addition, I have come up with a plan for reference: 🌹🌹
To highlight the value of BNB and deepen the concept of BNB HODL, we have established the official community Binance Club (combined with Binance Square), with the threshold of holding 0.01BNB in the account. All users with more than 0.01BNB in their accounts will be given the membership logo of Club Member like VIP (similar to Walmart Sam's membership and JD PLUS membership). I believe that those who criticize Binance probably don't even have 1 BNB, otherwise they would have already enjoyed the dividends of listing new coins and would not have such complaints. If you don't even buy 0.01 BNB, how can you call yourself a member of the Binance community?
Launchpool is a very good way. BNB mining income strengthens the BNB HODL concept and BNB value. The income from FDUSD mining in Launchpool's recent projects is even much higher than BNB. In fact, the mining ratio and income of FDUSD can be reduced. Instead, it can be used as a bonus to encourage long-term holding. Mining does not need to be a main function of FDUSD, which is putting the cart before the horse.
🌟For FDUSD mining, we can consider changing 10%~15% of the new coin FDUSD mining part to discounted purchases after the market opens (if there are compliance risks in the subscription before the market opens). For example, Plan 1️⃣: All member users with more than 0.01 BNB in their accounts can invest up to 100 FDUSD within one hour after the new coin opens and purchase the new coin that has already opened at a 50% discount on the average trading price in the first hour of the opening. In this way, the threshold of 0.01BNB is low enough (but this threshold must exist), and it also gives ordinary small retail investors the opportunity to buy new coins at a low price, allowing them to enjoy the discount purchase bonus of new coins while also deepening their understanding of the value and bonus of BNB HODL, and encouraging more ordinary users to grow into BNB HODLers. In this way, the vast number of small retail investors, BNB, and FDUSD are all connected.
If the above options are too troublesome, or option 2️⃣: simply become a Binance member user holding more than 0.01BNB, use FDUSD to buy new coins in the first hour of the new coin opening and hold it for more than 1 hour after purchase, you can get a FDUSD refund of 50% of the purchase amount up to 100FDUSD (that is, the maximum refund does not exceed 50FDUSD), which also realizes the realization of giving small retail investors the opportunity to buy new coins at 50% off when the new coin opens.
In fact, it is to distribute the original FDUSD speculators' interests to all ordinary Binance users, and encourage them to recognize the value of BNB. If they want to earn more such income, they will reinvest in BNB, attracting and nurturing them to grow into bigger BNB HODLers, thus empowering FDUSD+BNB at the same time. The retail investors attracted by buying 100FDUSD new coins at a 50% discount will enhance the use of FDUSD, which is more meaningful than only benefiting the FDUSD pool of no more than 200,000 FDUSD participants in each previous Launchpool.
The combination of Launchpool, Mega Drop, and HODLer Airdrop makes the concept of BNB HODL deeply rooted in people's hearts, and through BNB as a handle, the platform development dividends are passed on to more users. Empowering the platform currency is empowering the platform itself. 👉If you don't even have 0.01 BNB, you are not worthy of being called a member of the Binance community, and you are not qualified to criticize Binance; if you hold more than 0.01 BNB, then becoming a Binance Club Member can at least use no more than 100 FDUSD to buy new coins at a discount every time after the market opens, which is also very good for ordinary retail users.