Binance Co-founder He Yi responds to rumors, saying that private relationships alone cannot promote a project's listing Binance, and explains the platform's past market competition and IEO situation.
Article
He Yi responds again to questions about “bestie coins” and project listings: Private relationships alone do not influence listing decisions
BlockBeats reported,November 2，Binance co-founder He Yi responded to rumors in a post, saying that she does know Primitive Ventures co-founder Dovey Wan, but that there was no such thing as “a bestie accompanying her during childbirth.” Even her own mother could not promote a project's listing solely through a personal relationship Binance. If a project were successfully listed solely through a personal relationship, it would indicate that Binance lacks adequate review capabilities.
There have been very few genuinely good projects in the cryptocurrency industry in recent years;BNB counts as one and has lived up to the trust of those who believed in Binance, but investment and trading do not guarantee gains without losses. 2017 was a period when anything bought went up, a benefit of the times; very few remain today. 2019 IE0 was an exception, because DEX had not developed,Binance had pricing power.DEX After VC developed, Western VC drove up the price of Binance coins, and everyone was happy.
Over the past several years, it has never proactively used unscrupulous means to compete for market share. Even when adopting defensive strategies in the face of competition, it has always been straightforward. If you believe it has performed poorly, direct criticism is welcome. In addition, regarding IE0, at that time, market liquidity was concentrated in Binance, and the platform had strong market dominance. Therefore, new projects generally had low issuance prices, giving participants an opportunity to earn returns.
Original link https://m.theblockbeats.info/flash/374942
Key points
01
He Yi responds again to questions about “bestie coins” and project listings: Private relationships alone do not influence listing decisions
02
BlockBeats reported,November 2，Binance co-founder He Yi responded to rumors in a post, saying that she does know Primitive Ventures co-founder Dovey Wan, but that there was no such thing as “a bestie accompanying her during childbirth.” Even her own mother could not promote a project's listing solely through a personal relationship Binance. If a project were successfully listed solely through a personal relationship, it would indicate that Binance lacks adequate review capabilities.
03
There have been very few genuinely good projects in the cryptocurrency industry in recent years;BNB counts as one and has lived up to the trust of those who believed in Binance, but investment and trading do not guarantee gains without losses. 2017 was a period when anything bought went up, a benefit of the times; very few remain today. 2019 IE0 was an exception, because DEX had not developed,Binance had pricing power.DEX After VC developed, Western VC drove up the price of
04
Binance coins, and everyone was happy.
Over the past several years, it has never proactively used unscrupulous means to compete for market share. Even when adopting defensive strategies in the face of competition, it has always been straightforward. If you believe it has performed poorly, direct criticism is welcome. In addition, regarding IE0, at that time, market liquidity was concentrated in Binance, and the platform had strong market dominance. Therefore, new projects generally had low issuance prices, giving participants an opportunity to earn returns.
05
Original link https://m.theblockbeats.info/flash/374942
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Binance: He Yi's response primarily states her position on listing decisions and competitive practices, which may ease or prolong market discussion over Binance listing transparency, but it does not disclose specific changes to project reviews.BNB: The content mentions BNB and reiterates its position concerning Binance, which may affect market sentiment, but provides no new business, financial, or on-chain information, making it difficult to determine the specific direction of BNB price. Concept note: liquidity describes whether assets can be traded with limited price impact; trading volume alone does not indicate total execution depth.
Why it matters to readers
BlockBeats, a professional media outlet, relayed He Yi's public response, covering Binance listing reviews, market competition, and IEO, but did not provide a link to He Yi's original post; some statements still rely on the relay.
Assets to watch:Binance. Observation period: short to medium term. Assets to watch:BNB. Observation period: short term
Risks and unknowns
Binance Whether new explanations on listing reviews, conflicts of interest, or project evaluation are released
Whether He Yi or Dovey Wan provides verifiable materials related to the listing process for the relevant projects
Whether the market sees abnormal fluctuations or further rumors concerning Binance or BNB
Binance Conditions that would reverse the impact assessment: If verifiable evidence subsequently emerges that a project was approved for listing due to a private relationship, or Binance releases new listing-review rules, the impact assessment should be reassessed.
Related Developments
Loading event timeline…
BNB Reversal conditions affecting the assessment: If subsequently there are verifiable developments in regulation, token listing review, or Binance operations,BNB the market reaction may diverge from the impact of these remarks.
Related concepts
Liquidity
This term is not in the glossary yet. Browse related concepts in the glossary.
