As stated by Binance, “Binance is taking the lead to engage small to medium projects. We would like to invite such high-quality teams and projects to apply for our listing programs, including direct listing, Launchpools, Megadrops, and more.”
Crypto exchange Binance has invited small and medium-sized projects to participate in its listing programs to address high Fully Diluted Valuations (FDV) in the crypto sector.
In a recent announcement, Binance expressed the benefits of small and medium-sized projects. According to the exchange, these projects, coupled with strong fundamentals, an organic community base and a sustainable business model can improve the development of the blockchain ecosystem.
As such, Binance has openly invited third-party projects to apply for Megadrops, LaunchPools, and other programs. That said, the exchange revealed some preferences, citing that it is looking for support projects with an organic user base, reasonable regulatory compliance, and at least one Minimum Viable Product (MVP), among others.
Binance also provided a link to an application form and noted that the firm will contact projects that manage to qualify for the program after thorough screening.
