In recent years, Binance, as the world's largest cryptocurrency exchange platform, has served countless crypto users, providing liquidity, trading pairs, and various on-chain ecosystems. However, a puzzling question is: why, in today's world where decentralized finance (DeFi) and Web3 are thriving, does Binance still not allow retail investors to issue tokens with one click?
In this era that emphasizes equality, decentralization, and financial innovation for everyone, we can't help but ask: why should the power to issue tokens be solely in the hands of project parties, VCs, and institutions? Can't retail investors have dreams too?
1. The spirit of Web3 - Everyone can issue tokens!
Binance executives may argue that allowing retail investors to issue tokens freely would bring risks, too many junk tokens, and rampant fraud... but here’s the question: Binance has always touted itself as a cornerstone of Web3, and isn’t the core of Web3 'decentralization'?
Since it is decentralized, why can’t ordinary users issue tokens freely, but must go through Binance's Launchpad, Launchpool, or even token listing reviews? Isn't this a form of financial monopoly?
If Binance truly wants to promote Web3, it should allow everyone to issue tokens with one click, enabling all to innovate with their own tokens, rather than letting project parties and capital control the market, leaving retail investors to pick up the pieces in the secondary market.
2. Allowing retail investors to issue tokens will lead to a surge in trading volume, and Binance can earn more transaction fees.
From a business perspective, Binance should understand that the enthusiasm of retail investors is the biggest driving force for the exchange to make money!
If Binance allows retail investors to create tokens freely, even 'some token', 'doge token', or 'war god token' types of entertainment-based junk tokens, there will be people willing to speculate. Once retail investors can issue tokens, it will bring the following economic effects:
More trading pairs → With more trading pairs, liquidity increases, and exchange transaction fees soar!
More user activity → Retail investors will use Binance more frequently, depositing, withdrawing, and trading, with every transaction generating income!
More capital accumulation → As long as the threshold for issuing tokens is lowered, users will continuously try and invest money, and Binance will reap significant profits!
Instead of letting users rush to PancakeSwap or Uniswap to issue tokens, why not keep the demand of retail investors on Binance's own platform?
3. Retail investors also have the right to be 'market makers'!
Currently, the new tokens on Binance are mostly manipulated by VCs, market makers, and large project parties, with retail investors often only able to be bag holders in the secondary market. If retail investors are allowed to issue tokens freely, it can break the capital monopoly and give everyone a fair opportunity to be a 'market maker'!
Imagine, if Binance allowed each user to create a new token for 10 USDT and opened trading pairs directly in the secondary market, what would happen?
Small projects and KOLs can create fan economy tokens at any time, no longer reliant on project parties to cut the profits.
Retail investors can issue tokens freely, attract liquidity, and create value for their own communities.
Retail investors can form groups to issue tokens, breaking the market structure controlled by VCs, allowing tokens to truly decentralize!
This model not only allows retail investors to become 'market makers,' but also makes the market truly free and enhances trading activity on Binance.
4. Since there are already plenty of junk tokens, what harm does a few more do?
Binance's token listing rules have become almost meaningless, as the market is flooded with various worthless tokens, and new tokens are breaking their value and going to zero every day. Since Binance has already turned a blind eye to various air tokens and capital schemes, why restrict retail investors' right to issue tokens?
Instead of letting project parties collect money and run away, why not let retail investors issue tokens freely, at least making the market more interesting!
Instead of letting VCs manipulate the market, why not allow everyone to issue tokens and truly achieve decentralization in Web3!
Instead of letting junk projects harvest retail investors, why not let retail investors issue tokens and harvest each other, at least ensuring fair competition!
If Binance truly wants to become an important part of Web3, it should grant retail investors the right to issue tokens freely, thoroughly breaking the existing market monopoly.