Today I saw the latest news release by the Binance Team and I sincerely disapprove of the mechanicms and tactics binance is trying to enforce on investors. The idea of blockchain technology is a community driven ecosystem where financial inclusion for all is guaranteed and the presence of equity in wealth distribution and rights. Today the Binance team is strategically straying away from this Ideology  by changing the mechanism of purchase on the binance launch pad for start-ups from  the first come first serve to an allocation model based on the BNB token held. Now a minimum of 100 bnb which is equivalent to 1600 dollars is literally required to participate in the IEO process on binance launchpad.
This mechanisms greatly deviates from what satoshi had In mind when he pioneered blockchain technology and in my opinion should not be entertained at all. The poor who wish to tap into the potentials of burdening projects will be deprived, the rich will keep getting richer  while the poor gets  poorer.
Why don't we take a minute to properly examine this  initiative binance is kick-starting which i am certain will be emulated by other exchange in the nearest future? Isn't these the same shortfalls of traditional funding models?. I say we take a United stand against this discriminatory and deviant act binance is kick-starting before it completely deteriorate the blockchain community..
Click the link below to view the complete release by  the binance team and feel free to share your opinion.
https://www.binance.com/amp/en/blog/316491046311071744/Update-to-the-Binance-Launchpad-Token-Sale-Format

Binance are not beholden to Satoshi's vision or plans, and in business, morals hardly come into play. As long as your actions are legal a business entity would do anything to further its interests and strengthen its hold on the industry.
I do not trade regularly on Binance and try as much as possible to avoid centralized exchanges.

Alas, look at it. People who have the power to try to survive every single drop from the project’s potential. While they are in the top they are doing everything to get more profit. Cryptocurrency is a business and financial tool.

Well said, let's not also forget about their increasingly monopolistic behaviors. Business is business i understand that, Binance is here to make money, make investors money (to the best of their abilities and create an ecosystem for all in crypto; exposing crypto to a wider audience. But, the foundations of what crypto and blockchain represent, is everything Binance is diverging away from.

Red-flags for the meaning of crypto, a positive step-forward for bigger money and larger awareness. Shortsightedness for the short-term, damaging for the future of crypto entirely. Binance is probably the biggest threat to the entire crypto-sphere, with all ideologies/foundations this industry was founded on; but, this all would of happened eventually, it's in our nature to seek order by delegating power to other people to make the decisions for themselves.

Competition has/will follow suite and mimic the behaviors/actions that Binance is doing, to stay competitive.

I don't have any problems with him trying to create more value for his currency (BNB) but this to me is the height of it.. Who knows the next monopolistic agenda CZ will come up with?.. The fact that other exchange will  follow suit is actually my biggest fear.. I  recently heard  huobi requires a holding period of 30 days in order to gain access to their upcoming IEO.. I don't know how true it is but I think such setups will on the long run ruin the IEO mechanism with small time investors unhappy..

You missing the point.. Atleast all should be allowed to partake in the risk.. What happened to allowing even distribution of nodes? From what Binance is propagating into the crypto-sphere only whales will be able to take part in IEO..

I don't know how you want this done, for me it is better than the previous system, why won't they give token holders priority and again people need to open their eye and not be carried away with all these pumps, there will come a time that it would be better to by on exchange when trading

Binance is only after profits not technology. How will they make it so difficult for the common man to enter their launchpad program. As always they will only make the rich get richer

The rules of the exchange against them will not go. Either agree with them or go to other exchanges, which introduce something like that. Users need decentralized exchanges: bts

This is just their way of creating a demand for BNB and to increase use case for their in-house token. A simple and legal way to monopolized the ICO industry.