PANews reported on November 22 that in Binance Square's "Celebrating Binance CEO's First Anniversary" AMA, Binance CEO Richard Teng detailed Binance's due diligence process for project launches on the platform. He said that Binance has a strict and comprehensive evaluation mechanism, and all participating projects in activities such as Launchpool and Megadrop must undergo strict screening.
Richard Teng revealed that Binance has an independent team dedicated to researching and evaluating projects. The team is isolated from the outside world to ensure that the decision-making process is independent and fair without external interference. He emphasized that the key criteria for currency listing evaluation include: project quality and team strength, innovation and project roadmap, market demand and community participation in use cases, practical applications, security and compliance.
