🚨 Binance-Backed Projects Only Care About Binance Users?
Privasea ($PRAI) just raised a Series A at a $180M valuation —
…but launched its IDO on Binance at just $10M
…and opened trading at an $85M FDV.
Here’s what happened:
• Binance IDO Users = 8x Profit 📈
• Series A Investors = Massive Loss 🔻
• Early Users = Left Disappointed 😤
Lesson?
Sometimes, it pays to be a Binance user — literally.
But what about long-term community trust?