Binance CEO: Binance strictly evaluates the operating team, roadmap, market demand, and security of the projects before listing

2024-11-22 09:44:07

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ChainCatcher news, Binance CEO Richard Teng stated in the Binance Square AMA titled "Celebrating One Year of Binance CEO" that Binance has a strict and comprehensive due diligence process to determine which tokens or projects can be listed on the platform, including Launchpool, Megadrop, and others.

Richard Teng pointed out that there is an independent team within Binance responsible for research and evaluation, and they do not interact with the outside world to ensure their independence and that they are not improperly influenced in decision-making and evaluation.

Richard Teng stated that the key criteria for evaluating projects are primarily the quality of the project and the team behind it. Secondly, innovation and the project roadmap, and thirdly, market demand and community involvement in the project's use cases, practical applications, as well as security and compliance.

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