Thread by @d_xone

Long Thread [Alert]

1/n Something big is up at @binance. First @Poloniex, then @steemit and now @CoinMarketCap. If we go by the reported news on the @TheBlock__ , this could be worth $400 Million. Assuming that it is not an #AprilFoolsDay prank...

theblockcrypto.com/post/60371/bin…

2/n Over the last 12 months, @cz_binance has acquired at least three companies - @BinanceJEX, @WazirXIndia, and @dapp_review. Looking at the big picture, it is a notable development as @cz_binance mops up the key players in the #decentralized fundraising space

3/n If you're looking to develop a #dapp, your best best is soon going to be the #Binance Blockchain. Why? Because it tacitly lets #developers know that it has the most well-oiled machinery in the much muddied #crypto space.

4/n First, the developers get enrolled in the Binance Chain's #voting process. Pass the voting process or simply buy your way through. Hopefully you won't get #scammed. Hopefully, you'll raise your #funds. Else, line up in front of the Binance LaunchPad

5/n Second, Get favorable #reviews from #DappReview because collusion is the name of the game when it comes to #decentralization. Binance's "well-oiled #PR machinery" ensures that you start getting "thousands" of #shares, #likes, and #retweets by $bots and paid-actors alike.

6/n Third, #CoinMarketCap is the latest icing on the cake if you have an in-platform token riding on your #dapp. For most others, there are strict requirements before #listing but surely, there will be certain #preferential treatment for #Binance products.

7/n With a #readership that is 80% larger than Binance, this will be huge for the Binance Chain division. More #companies looking at #blockchain will start lining up in front of #BinanceLaunchpad. The deal is simple - choose a higher package, raise more #funds - only at Binance.

8/n This could be the shot in the arm that the #ieo industry needs and #binance will be leading from the front. The new rules are simple, as they always were -

If you have money, raising money is easy.
#Bootstrapping is not for everyone.
#Consolidation #trumps #Decentralization

9/n

TL;DR

1. #Finance - There's no free lunch
2. #Crypto - Final vestiges of transparency in the crypto space are dying
3. #Entrepreneurship - When you have money, keep the acquisitions up on full steam
4. #Marketing - PR is underrated even when overrated

What Do You Think?

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