Phyrex
Phyrex|Jun 23, 2025 13:39
Pre TGE just saw Binance's new activity called Booster, which happened to be Codatta's project introduced yesterday. The new information provided is insufficient, so I roughly looked at it. It should be to receive the coins first, but not go online, and only start trading after going online. The purpose of doing this can be guessed as follows: 1. Market driven pricing, which allows users to build their own liquidity pools to stabilize investors' expectations after the opening of the market over time, similar to pre-market trading, but more publicly available than pre-market trading. Because although the coins have been issued, all the coins are locked and cannot be withdrawn. I think it is possible that there may be coins outside, even if none of them are in circulation, some exchanges can still accept data coins. Therefore, fundamentally speaking, the possibility of 1 is not very high and its significance is not significant. 2. Avoid the situation of smashing the market when it goes online. Nowadays, whether it's TGE or Alpha projects, I believe we can't say 100%, but at least 90% of the time we get them and sell them. This becomes the peak of the market except for a few projects, which is not good for the project team or Binance. For users, it's not good either. Just go short without thinking. Even if they are currently trapped, the coins with more data are likely to wait until they fall after a while. But if you can't trade after receiving the coins, and the sedimentation time is longer, I don't know if some investors will forget, for example, I often forget 🤣。 3. Similar to 2, the main reason for 2 is to reduce one-time selling. However, if these tokens cannot be traded but have sufficient application scenarios or staking, allowing users to apply them first and familiarize themselves with the project itself through the application may deepen their understanding of the project, and then actively lock more tokens, but I think this is not easy to achieve. 4. There may be other hidden gameplay, but Binance has made many attempts in the airdrop field. Let's see what innovations the new model has. However, overall, the most important thing is to make users earn money.
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