An Analysis of Emerging Models that Large Exchanges Should Learn From

The characteristic of a certain emerging platform is that participants generally find it difficult to make a profit, which has become its uniqueness. It is precisely because most projects struggle to be profitable, and participants are aware of the low probability of making a profit, that they view each project on the platform from a more equal perspective.

This mechanism provides for each project:

• Sufficient participation time window
• Extremely low price buying opportunity

Its fairness level far exceeds the current mainstream model of 【team-venture capital-airdrop-listing】.

Due to the risk of losses, each participant approaches with great caution and low expectations, with a maximum loss limit of only 0.1 SOL. In contrast, for new coins listed on large exchanges, participants often approach with minimal caution and high expectations, and losses could start at $50,000 or $100,000.

If leading exchanges introduce similar models, setting extremely low listing thresholds (such as a $50,000 margin, and basic terms like a one-year ban on sales for the development team), it would allow the market to freely speculate, rather than relying on opaque listing processes and potential interests transfer. This will ensure that every star project is born on that platform first, rather than on other secondary exchanges.

It has been proven that almost every popular project currently originates from these emerging platforms. This model not only leaves enough profit margin for the secondary market but also helps large centralized exchanges reclaim the market share taken by decentralized exchanges, consolidating their industry-leading position.