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RE: Binance Coin and Dai

in #ethereum6 years ago

I always felt like BNB was apart from its artifical value, an unpleasent provider lock-in, as all about it depends on binance, and wouldnt be able to transfer it somewhere else. But that it has a stake for voting in icons is a cool feature!

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Pairing cryptocurrencies together on an exchange is not a trivial process. If it was, Binance would already have access to every coin on the market. When you take this into consideration, the value of BNB is likely much less artificial than we speculate it to be. They are putting in real work on this coin and will continue to do so.