On February 17, Binance launched a group vote to gauge curiosity in itemizing Pi Network. The vote, set to finish on February 27, has acquired overwhelming help, with 85% of contributors in favor. This comes simply someday earlier than Pi Community’s deliberate mainnet launch.
Regardless of robust backing, critics have questioned Binance’s resolution. Crypto journalist Colin Wu voiced considerations about reviving community-driven listings after a seven-year pause. He argued that Binance is prioritizing site visitors and consumer engagement over safety.
Binance has beforehand confronted criticism for its itemizing course of. Even former CEO Changpeng Zhao (CZ) admitted the system had flaws. At the moment, the change lists 398 cash, in accordance with CoinGecko.
Wu additionally warned that itemizing Pi Community might create dangers for the “extremely fragile Chinese language-speaking group.” In the meantime, Binance defended its course of, stating that not all votes will depend. Votes from ineligible areas or these violating platform guidelines will probably be excluded.
Whereas Binance considers group enter, the ultimate resolution will probably be primarily based on inside evaluations. Different exchanges have additionally introduced Pi coin listings, however business specialists stay skeptical. Many level to authorized and itemizing dangers that would affect Pi Community’s future.