The way at which the leading crypto exchange binance is been dominating right now is quite a thing to be concered about no doubt they are the leading this space and all credit goes to their team for pulling out things from the dirt and making their platform a huge one.
But concerns most of the crypto maniacs that there is no close competition and the way at which the coin is growing BNB is quite a thing now
After the launch pad thing launched by them the new way of promoting ICO initial coin offering is back in the trend and the recent two ico's has been a huge success the way one can participate is through BNB coin only so imagine all the volume going to a single coin quite a worrying factor not now but certainly later for sure.
There is no competition at all and that's what make things worrying for the future being a decentralised community it will be soon a centralised community of few people.
How do you see this current scenario of Binance leading the crypto space ??
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It’s something to think about.
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