Binance announced on Friday that SUB is being delisted from its exchange. This decision came as a surprise, with no advance warning. We are terribly disappointed in the decision and their handling of the delisting. To be specific:
- We were not questioned regarding any issue(s) to make sure the issue(s) is factual before making this decision.
- We were not given an opportunity to clear up any real/perceived issue(s), such as a probationary status or deadline to fix.
- We were not given any conditions for relisting.
Binance has since indicated that our delisting is due to the trading of ICO funds. We are attempting to reach out to Binance to provide them with documentation to show that is not the case.
Substratum has been a supporter of Binance, and fully support their right to run their business as they see fit. But, we believe their listing/delisting procedures are in dire need of review, as their decisions have a ripple effect, not just for Substratum, but for the industry as a whole.
Substratum has worked tirelessly to bring its vision into reality. We have consistently delivered releases on the path to our first product release – SubstratumNode. The Node project has already proven the ability to deliver censorship-free content throughout the world.
The Substratum development team remains focused on delivery and our upcoming release. We will not be deterred or distracted by influences outside of our control. We remain vigilant in pursuing freedom of information to all – true net neutrality.
Thank you for your continued support, we couldn’t be here without you.