{"id":21478,"date":"2020-01-03T11:00:56","date_gmt":"2020-01-03T10:00:56","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=21478"},"modified":"2020-01-03T11:00:56","modified_gmt":"2020-01-03T10:00:56","slug":"binance-reveals-plans-for-conquering-2020-and-beyond","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/binance-reveals-plans-for-conquering-2020-and-beyond\/","title":{"rendered":"Binance Reveals Plans for Conquering 2020 and Beyond"},"content":{"rendered":"
It is that time of the year when most individuals and companies alike make their New Year resolutions as well as goals. Leading cryptocurrency exchange Binance<\/strong> <\/a>does not believe in making grand plans for the New Year but instead prefers winging it and addressing challenges head-on.<\/p>\n <\/p>\n Kinda like making things as they go along which is not a bad strategy considering the unpredictable nature of the cryptocurrency market.<\/p>\n \u201cOur experiences have taught us that grand plans change faster than we can announce them. So, we typically don\u2019t announce grand plans ahead of time, we will announce them when they are ready to be launched,\u201d Binance CEO Changpeng Zhao<\/a><\/strong> revealed in his New Year letter<\/a> to the Binance community that was published on January 2nd<\/sup>.<\/em><\/p>\n In his letter, Zhao outlined the previous year\u2019s successes and challenges and failures. He outlined several of the exchange\u2019s projects and milestones reached while crediting a lot of the achievements to the team rather than himself.<\/p>\n There was the launch of the Binance Launchpad \u2013 a platform for fundraising for new blockchain projects which helped usher in the IOE trend.<\/p>\n Then in May, the exchange launched the Binance Chain blockchain following which the Binance Coin was ported over from the popular ERC-20 standard based on the Ethereum blockchain.<\/p>\n <\/p>\n The launch of the Binance chain also saw the launch of the Binance decentralized exchange Binance DEX<\/strong><\/a>, which is also another 2019 success story.<\/p>\n There were several other talking points but these were successes of the past. What about the future? What does Binance have planned for the New Year 2020?<\/p>\n Despite the foregoing disclaimer about not making grand plans for a future date, Zhao revealed some rough outlines for the coming projects in Binance.<\/p>\n