He Yi Responds Again to Questions About Friend Coins and Project Listings: No Situation Where Private Relationships Alone Influence Listing Decisions

BlockBeats news, November 2: Binance co-founder Yi He responded to rumors in the community, stating, "I do indeed know Primitive Ventures co-founder Dovey Wan, but there is no such situation as 'best friend accompanying childbirth.' Even my own mother could not push a project to list on Binance solely through personal connections. If a project successfully lists solely through personal connections, it indicates that Binance's own review capabilities are insufficient.

In the cryptocurrency industry in recent years, truly good projects are few and far between; BNB counts as one and has lived up to the trust of those who believe in Binance, but investment trading does not exist where one only profits and never loses. In 2017, buying anything went up due to the era's dividends, and very few of those remain now. 2019 IEO was an exception because DEX had not developed, and Binance had pricing power. After DEX developed, Western VCs drove up VC coin prices, and everyone was happy.

Binance has never actively used unscrupulous methods to compete for market share in the past few years; even when adopting defensive strategies in the face of competition, it has always been straightforward. If you think we are doing poorly, welcome direct criticism. Additionally, regarding IEO, at the time market liquidity was concentrated on Binance, and the platform had strong market dominance, so new project issuance prices were generally low, and participants therefore had opportunities to gain returns."