Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
CoinEdition
Published Oct 18, 2022 05:00AM ET
Updated Oct 18, 2022 05:30AM ET
Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
- Cobie from UpOnly has criticized FTX and Binance for listing Aptos.
- Aptos made its debut on the mainnent on October 17.
- Another critic says Aptos currently has a lower TPS compared to Bitcoin.
Cobie, the host of a crypto podcast UpOnly, has criticized FTX and Binance for listing Aptos without providing any tokenomics transparency. Aptos, a Layer 1 blockchain made its debut on the mainnent on October 17.
Cobie questioned the authenticity of the new token and exclaimed:
It’s not great that FTX/Binance etc are all listing Aptos without any tokenomics transparency at all. Surely it should be a prerequisite to listing something that users can have the basic information on what they’re buying, lol.
According to Cobie’s shared snapshot, Aptos has launched its tokens but still fails to provide tokenomics transparency including the emission schedule and total supply of the Aptos blockchain. Even though the blockchain had completed its “genesis transaction” on October 12, its infrastructure was a bit lagging behind.
Meanwhile, FTX’s official account posted that it will list Aptos’ APT token from October 19. Aptos has been a brainchild of several former Meta employees with many other renowned investors such as Tiger Global, Katie Haun, Multicoin Capital, FTX Ventures, Coinbase (NASDAQ:COIN) Ventures, Binance Labs, and PayPal (NASDAQ:PYPL) Ventures who have stepped up to finance the project.
The crypto community on Twitter believe that only time can tell how the token will perform in the coming days.
The post Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos appeared first on Coin Edition.
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