So we all witnessed the first major exchange-run tokensale, the BTT tokensale at Binance. Binance has decided to list tomorrow and looking at the sentiments around the reply given, it may not be a good idea for future projects.
Many of CT believe it's just a mere manipulation by whales since they'll always by first. The BTT tokensale had just about 1000 buyers and people think that's where great manipulation will come from.
So how does this determine the future of other similar projects. Now, let's wait to see if it'll be a pump/dump scheme so that we can better conclude.
We can't really know if its a good thing or a bad thing without testing it out. I mean how would we know if it will be better or worse without actually testing these kinds of BTT deals on binance like giants. That is why I support the first 10 ICO's that are on binance because that way we will see how it will be for the people who participate and then come to a conclusion if it was a good idea or not.
If all 10 are bad then we will not continue with it or at least give any importance to it, if there are 2 or 3 good ones among the first 10 then we will decide it could be good or it could be bad, if over 5 of them are good then we can say it was a good decision. Hence, we need to wait and see how it will be for the next ones and how they will be AFTER the ICO as well.