Share a cold knowledge I recently had a chat with the project team, and they said that the schedule for Binance's IDO is very long. Undoubtedly, the leaked information is that there will be more IDO projects appearing. After observation, it was found that selling IDO immediately is not the optimal solution. Some people even earn money by collecting IDO chips and reselling them on Binance or other platforms. However, whether they can still make money in the future depends on the market value and the narrative of the original project. Selling IDO directly afterwards will never result in losses. Is it possible for IDO to break? I feel that unless Bitcoin continues to decline, it will still be difficult based on the current market value of IDO. By participating in IDO, you will discover that Binance has a private key free wallet, which is essentially an MPC wallet. It is not Binance that helps you manage private keys, but requires you to save your QR code and password If you lose your QR code, Binance cannot retrieve it. If you lose your password, you may slowly recall and crack it, but the probability of recovery is not high. Only with both can you safely retrieve your assets. Of course, if a hacker obtains your QR code, the password is also useless. Mobile phones are actually quite easy to lose. It is recommended to back them up on the computer and remember the password. This wallet actually has a layer of risk. MPC essentially divides the private key into two parts. If there is a bug in Binance, it is not very safe, so it is still necessary to prepare for hot and cold wallets. For small amounts, make a hot wallet without a private key, and for large amounts, make a cold wallet with your own private key.