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#GRVT x @BinanceWallet This collaboration

CN
Rocky
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3 hours ago
AI summarizes in 5 seconds.

#GRVT x @BinanceWallet This collaboration, many people may only see the point activity, but what I see is something else: distribution rights.

In the crypto world, the quality of technology accounts for only 30%, while the remaining 70% is whether people can use it. No matter how amazing your product is, it is useless if it is hidden in a mountain valley.

Let's first look at some numbers:

• Binance global registered users: over 300 million

• Daily trading volume: approximately 8.5 billion USD (coingecko data)

• Market dominance: number one in the world

What does this concept mean? This is basically equivalent to the largest traffic pool in the entire crypto circle. And now GRVT is directly connected to this pool. 🧐

Imagine how Perp DEX used to acquire customers?

Relying on CT exposure, relying on mining activities, relying on existing DeFi users spreading the word. Users had to find projects themselves, research, and figure out how to use them.

The friction was enormous.

But through the entrance of Binance Wallet, the situation completely changed.

Binance users open their wallets and can see GRVT. No need to jump out of the ecosystem, no additional learning costs, they can directly access it from a familiar environment (as shown in the image below).👇

What is this called? This is called putting the product directly in front of the user.

Let's do some math, even if it's only 1%, that equals 3 million users. Even if only 0.1% of Binance users enter GRVT, that is also 300,000 users.

I'm not saying there will definitely be so many, but we need to understand the possibility of this magnitude. This is why all projects want to collaborate with major platforms; distribution channels determine the ceiling.

What's even more interesting is the timing.

GRVT officially announced TGE at the end of June. Now, at the end of May, they have an exclusive collaboration with Binance Wallet. Let's savor this timing arrangement. 🧐

The details of the event are also simple: from May 22 to June 8, recharge GRVT through Binance Wallet with over 10 U, complete any transaction, get a 40% points increase, and share a 100,000 U prize pool.

The threshold is not high, but being positioned before TGE at this timing, you understand.

My opinion is that if you, like me, have been paying attention to the Perp DEX track and have been researching GRVT, then this collaboration at least validates one thing: the project team's resource integration ability is really strong.

Being able to have an exclusive deal with Binance Wallet and obtain such a level of distribution channel before TGE is itself a manifestation of strength.

As for whether it is worth participating, I can only say that the threshold is 10 U, and everyone can judge for themselves. But from a strategic perspective, the signal significance of this collaboration may be more important than the event itself.

DYOR🙏


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