Why did "Binance Selection" become a bulletproof vest for "scam projects"?

Written by: IceFrog Source: X, @Ice_Frog666666

Perhaps, the distance between us and evil is only one "Binance Selection". This time, the riot and scolding of the Redstone project community gave all the answers.

If the project party only needs to pay enough listing fees, can it purchase the legal right to rob from Binance and deprive the community of countless efforts in an instant?

Last night, RedStone opened airdrops, but in less than ten minutes, the community exploded, and the condemnation was higher and higher, from the Chinese community to the English community.

If you count them carefully, the most common keyword in the community is "scam", and the most common demand is "CZ and Binance should immediately remove this scam project."

What exactly did Redstone do to make the community so intense? It is concentrated on the following three points:

1. Rule fraud. During the years-long project construction process, many users have completed more than hundreds of tasks, including various special tasks on holidays. At the same time, they constantly hinted to users that they could get points by completing tasks and there would be airdrops in the future. However, in the end, the airdrop rules were given, and suddenly a so-called "special role" appeared. Only with this role can you be eligible. There was no hint before.

2. Excessive insider trading. According to community feedback, it is roughly estimated that more than 98% of them do not have the qualifications for airdrops, while many of these loyal community participants have participated in every task and activity.

3. The promise has shrunk significantly. Previously, the project party claimed that 10% would be given to the community, but it is currently estimated that it is less than 2%. According to incomplete statistics, only 4,000 addresses received airdrops.

Since the project team has already planned to stand on the opposite side of the community and kneel to the capital, the community's scolding will not wake up a project team without bottom line and integrity.

What we want to ask is, why did all this happen after Redstone was listed on Binance? Is Binance Strict Selection "a sieve that strictly considers reputation, takes into account both value and traffic good projects" or "a funnel that can achieve the acquittal of fraudulent projects as long as protection fees are paid"?

If every minute that retail investors stay up late to do tasks becomes a stepping stone for the project team to ring the bell on Binance, are the community members harvested by Redstone just traffic data and handling fee fuel in the eyes of Binance? ? ?

If the so-called "Binance Strict Selection" has become the last refuge for evil project teams, then is it possible that your listing standards are actually the standards for sharing the spoils? ?

When the project party is blatant and Binance does nothing, we are not afraid to question all this from the most malicious angle. This is a cry of despair and a call to place hope on Binance.

Behind every fierce condemnation of the community are countless blood and tears. Money can be earned if it is lost. We also accept it if it is reversed under the same rules, but we will never tolerate fraud! ! !

We deeply hope that when we examine the development of the industry, we will be shocked to find that all the harvest sickles are stamped with Binance's steel stamp, and we don't want all the leeks' tombstones to be engraved with "Binance Strict Selection".

As an industry leader that has the ability to change all this, Binance should not do nothing, should not be indifferent, and should not help the evil!

I believe Binance is not an evil dragon, and Binance is still the dragon-slaying boy!