On August 6, 2020, Binance's Qianjiangyue hosted a live session with Aaron Choi, Global Vice President of Business Development at Kava, and Ian, Chairman of BNB48 Club. During the livestream, Aaron and Ian shared their insights on BNB and discussed potential future opportunities they foresee for BNB in the market.
Aaron emphasized that the essence of DeFi remains finance, and finance itself does not directly create value. Its value lies in improving the efficiency of related economic activities. He stressed the importance of maintaining a clear understanding of DeFi. Aaron also mentioned that Kava will go all-in on DeFi, and by choosing BNB as the first asset supported on Kava, they aim to form a powerful collaboration with Binance to deliver greater value to token holders.
Ian believes that BNB, as the direct stake for Binance Launchpad investments, creates positive holding demand in the short term, which can be clearly observed from the BNB price trend. However, in the long run, this could lead to noticeable price volatility. As holders begin to associate Binance Launchpad with bull markets and develop expectations for BNB, project selection on Launchpad will become stricter, creating a cyclical positive impact on BNB.
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