Either there is a sudden awareness of unethical industry practices resulting in the #boycottbinance and #deletecoinbase movements or the Nash team are extremely maniacal in planning and exposing these two entities to coincide with launch.
Either way it seems that we’re timing the market just right… And Timing is key!
I’m not particularly anti-binance or anti-coinbase but I like to think I’m a conscious decision maker. While both these platforms have best in class (currently) UX/UI I believe that their questionable practices are slowly coming back to bite them.
- Unclear listing requirements and non-transparent, inconsistent listing fee structure
- Copying a number of projects including blockchain architecture, business structure and community forums
- Overly marketing ICO launches with poor metrics and supporting questionable projects.
- Previous insider information resulting in pump before BCH listing
- Listing XRP despite not meeting listing framework requirements (and not disclosing how much Ripple has paid for this listing)
- Acquisition of Neutrino, an analysis team with previous ties to Hacking team, who has worked with government agencies, using spyware tools to target journalists and political activists.
With both of these projects, their business models are just not congruent with industry values; Coinbase is a middle man service which charges astronomical fees to users. Binance charges prospective projects whatever it decides on the day to list on their exchange.
Not unethical or illegal but questionable given the industry we’re in. Both CEO’s preach revolution whilst fleecing other industry players.
I think the industry is finally opening their eyes and this makes a good launchpad for Nash.
Nash Community, What are your thoughts on the above?