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Vitalik: Simply issuing tokens and creating exchanges signifies the failure of the industry; this year is the best time to create meaningful applications

ChainCatcher message, Ethereum co-founder Vitalik expressed in an interview with Tencent's "Deep Dive" that he is concerned that if particularly smart people do not engage in Crypto, those who remain in the Crypto space may not have any interesting ideas, and the only applications will be the financial applications that have been around for many years. This would lead to a situation where—issue a token, create an exchange; issue another token, create another exchange; issue yet another token, this token features cute dogs—these things are fun, but if they are the only things our industry is doing, then the industry is failing. The challenge our industry faces is to create applications that are both meaningful and widely engaging.Regarding why the Ethereum ecosystem and the Web3 ecosystem still lack practical applications, Vitalik stated that before this year, transaction fees were too high, some important technologies were not mature, and issues related to account security and privacy had not been resolved. Therefore, before this year, our industry did not have enough technology to create applications that ordinary people could participate in. One reason for the success of DeFi applications is that DeFi can generate more money. This year, we have finally started to address these issues. This year is the best time to create meaningful applications.

Bitget opens the application channel for listing tokens, enhancing the fairness and transparency of the listing process

ChainCatcher news, Bitget has officially opened the application channel for listing assets, aiming to provide greater transparency in the asset listing process and help crypto project teams clearly understand the relevant procedures. Project teams can submit relevant asset information through the asset listing application page on the Bitget official website. The platform will conduct strict reviews of all submitted materials to ensure compliance with legal, regulatory, and technical security standards. Project teams can choose to apply for listing in various business segments such as spot trading, Launchpool, PoolX, or pre-market trading.Bitget promises not to charge any fees related to the application process, including commissions, intermediary fees, application fees, or assessment fees. The tokens provided by the project parties will be fully allocated to Bitget users based on the agreed marketing and promotion plan, ensuring that users' interests are fully protected.To maintain high-quality listing standards, Bitget will continuously track project performance and conduct regular multi-dimensional evaluations. Poorly performing tokens may be marked as "ST" (Special Reminder) and may even face delisting to ensure that all assets on the platform meet Bitget's strict standards.In addition, Bitget advises project parties to remain vigilant against scams impersonating Bitget employees on platforms such as X (formerly Twitter), Telegram, WhatsApp, and WeChat. Bitget clearly states that it does not cooperate with any external organizations to handle asset listing matters and strictly prohibits any organization from charging related fees in any form. To ensure safety, project parties can verify the identity of contacts through Bitget's official verification channels. If any misconduct or potential conflicts of interest are discovered, they can be reported to listing@bitget.com to ensure the fairness and impartiality of the asset listing process.
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