If airdrops can be considered an industry,
then what this industry lacks the most is effective regulation.
And the only entity in the crypto circle that can have some regulatory effect is the “exchange.”
However, some exchanges only care about collecting listing fees,
turning a blind eye to what happens on-chain.
Projects like EdgeX have become so brazen that they openly engage in insider trading.
Exchanges that should list are still listing, and the team still has ample withdrawal liquidity.
The cost of wrongdoing is approximately: “the time it takes to create a new wallet.”
No wonder more and more crypto users are switching to play with stocks.
90% of the coins on exchanges are scam coins; what’s fun about such a market? 😂
PS: The image below shows some new wallets receiving the Edge airdrop 🪂
then what this industry lacks the most is effective regulation.
And the only entity in the crypto circle that can have some regulatory effect is the “exchange.”
However, some exchanges only care about collecting listing fees,
turning a blind eye to what happens on-chain.
Projects like EdgeX have become so brazen that they openly engage in insider trading.
Exchanges that should list are still listing, and the team still has ample withdrawal liquidity.
The cost of wrongdoing is approximately: “the time it takes to create a new wallet.”
No wonder more and more crypto users are switching to play with stocks.
90% of the coins on exchanges are scam coins; what’s fun about such a market? 😂
PS: The image below shows some new wallets receiving the Edge airdrop 🪂