Binance Coin (BNB) Major Investment Indicator Unveiled by Analysts. CZ Responds

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Mon, 05/25/2020 - 11:53
Vladislav Sopov
As Bitcoin (BTC) is disappointing its holders with a drop, a hypothetical ‘alts season’ could be in the cards. Typically, BNB leads in these seasons
Cover image via twitter.com
Contents

Dowey Wan, a founding partner of the Primitive Crypto digital assets company believes that she has found a reliable metric for Binance Coin (BNB) investment prospectives.

Ask team members

Ms. Wan announced that Binance employees may be a crucial investment indicator for Binance Coin (BNB) price dynamics.

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She suggests that the number of employees who choose to be paid in Binance Coin (BNB) could say a lot about the attractiveness of investing in BNB.

The options of Bitcoin (BTC) and local fiat currency compensations should also be considered for an unbiased review.

That said, she asked Binance CEO Changpeng Zhao and the platform’s CMO Yi He about plans to release these figures.

CZ responds

Changpeng Zhao didn’t hesitate to comment on this approach and unveiled that ‘a lot’ of Binance employees get their salaries in Binance Coins (BNB).

His response was supported by the official Binance Twitter account. CZ also highlighted that he prefers to use the words ‘team members’ instead of ‘employees’. 

However, some commenters questioned this position and suggested that it might be true only in the case of additional bonuses awarded to those team members who get paid in Binance Coins (BNB).

Some other followers of Ms. Wan's account mentioned the high volatility of BNB as a primary obstacle to its usage as a compensation instrument.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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