Beyond Listing: Why Exchanges Must Become Ecosystem Partners
Exchanges must transition from transactional listings to genuine ecosystem partnerships offering ongoing support to foster sustainable market health.Summary
The current crypto exchange listing model often treats listings as simple transactions where projects pay high fees but receive little sustained support, leading to the failure of most listed tokens. The industry needs to evolve beyond mere compliance checks to true partnerships, as exemplified by successful collaborations like Binance's support for Polygon.
Phemex outlines its approach, emphasizing transparency in its application process and incorporating community suggestions for token listings. Once listed, Phemex provides continuous support through joint marketing, launchpool opportunities, and AMAs. They also maintain an ongoing evaluation process, including delisting assets that fail to meet standards, ensuring user protection.
The industry requires exchanges to adopt genuine transparency in evaluation, provide support extending beyond the initial listing, and maintain ongoing accountability. Thriving exchanges will compete on the strength of their supported ecosystems and commitment to real builders, rather than solely on listing fees.
(Source：BeInCrypto)