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So, is Binance Coin actually worth anything?

by Arjun Balaji

February 21, 2019, 1:11PM EDT  ·  8 min read

Quick Take

  • Binance, one of the world’s largest cryptocurrency exchanges, grew on the back of a public ICO which allowed them to leverage very cheap capital
  • There has been a very public debate about what this actually means for token holders and what they are entitled to
  • While Binance’s execution is stellar, open questions about the future of their token stand as they transition to a DEX model

by Arjun Balaji

February 21, 2019, 1:11PM EDT  ·  8 min read

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Binance is an interesting company—maybe even the “fastest profitable unicorn in history”—but to this day, there are still major questions around the value of their issued token.