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This morning I chatted with the owner of a small exchange, asking why there hasn't been a rise of small spot exchanges this round. The biggest reason is that BN has done this, and the strategy of frequently listing coins in previous years simply can't compete under the wave of Alpha + IDO.
Since Alpha went live, 16 projects have passed through this channel and eventually listed on Spot, truly a major A-share startup board, with the final path to the main board. Now there is basically a new project every day, it's really overwhelming.