The most common keyword in the community is "scam," and the most frequent demand is "CZ and Binance should immediately delist this scam project."
Written by: Ice Frog
Perhaps the distance between us and evil is just a "Binance Select." This time, the uproar and condemnation from the Redstone project community provide all the answers.
If the project party only needs to pay a sufficient listing fee, can they buy the legal right to rob from Binance, instantly stripping the community of countless efforts?
Last night, RedStone opened the airdrop for collection, but within ten minutes, the community exploded with waves of denunciation, from the Chinese community to the English community, all alike.
To summarize, the most common keyword in the community is "scam," and the most frequent demand is "CZ and Binance should immediately delist this scam project."
What exactly did Redstone do to provoke such a strong reaction from the community? It can be concentrated in the following three points:
Rule fraud. During the years of project development, many users completed hundreds of tasks, including various special tasks during holidays, while constantly hinting to users that completing tasks would earn points and future airdrops. However, in the end, the airdrop rules suddenly introduced a so-called "special role," which is required for eligibility, with no prior notice.
Excessive insider trading. According to community feedback, it is roughly estimated that over 98% do not qualify for the airdrop, while many of these loyal community participants have engaged in every task and activity.
Promises significantly reduced. Previously, the project party claimed to allocate 10% to the community, but the current estimate is less than 2%. According to incomplete statistics, only 4,000 addresses received the airdrop.
Since the project party has decided to stand against the community and kneel to capital, the community's condemnation cannot awaken a project party that lacks bottom lines and integrity.
We must ask, why did all this happen after Redstone was listed on Binance? Is Binance Select a "strict sieve for evaluating reputation while considering value and good projects" or "a funnel that allows scam projects to escape punishment as long as they pay a protection fee"?
If every minute that retail investors spend working on tasks becomes a stepping stone for the project party when ringing the bell at Binance, are the community members harvested by Redstone merely traffic data and transaction fee fuel in Binance's eyes???
If the so-called "Binance Select" has become the last refuge for malicious project parties, then is your listing standard merely a standard for dividing the spoils behind the scenes??
When the project party is openly brazen, and Binance does nothing, we are not afraid to question all of this from the most malicious angle. This is a desperate cry and also a voice of hope placed in Binance.
Every vehement denunciation from the community is backed by countless blood and tears. Money can be earned back, and we can accept being exploited under the same rules, but we will never tolerate scams!!!
I deeply hope that when we examine the industry's development, we will not be horrified to find that all the harvesting sickles bear Binance's steel stamp, and I hope that all the tombstones of the victims do not bear the inscription "Binance Select."
As an industry leader capable of changing all this, Binance should not remain inactive, should not be indifferent, and should not aid and abet wrongdoing!
I believe Binance is not a malicious dragon; Binance is still that dragon-slaying youth!
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