Binance recently introduced the Alpha Points system, allowing users to earn points through activities like holding positions and trading, which can be redeemed for TGE allocations and airdrops. While this initiative positively motivates user engagement, it has also exposed a key flaw—widespread abuse by studios creating fake accounts and conducting wash trades to manipulate scores, crowding out genuine participants.
To counter this, I propose incorporating an Authenticity Interaction Factor based on user engagement on Binance Square as part of the Alpha Points system. Here's why and how:
✦ Advantages of a Posting-Based Threshold
Discourages mass score manipulation Requiring active posting increases the barrier to entry for bulk operations, raising the effort and cost for studios relying on automated account farming.
- **Promotes authentic participation**: Real users are more likely to engage in meaningful discussions, making posting behavior a strong indicator of genuine involvement.
- **Enhances community and content growth**: By encouraging users to contribute content, the platform’s ecosystem becomes richer, improving overall user stickiness and engagement.
**✦ Implementation Suggestions**
- Factor in “Square Posting” to Alpha Points eligibility:
- Example: Users who post at least once, and receive 5 or more likes, unlock certain tasks or benefits.
- Posts should undergo review or include anti-spam mechanisms (e.g., watermarking or filters).
- Link posting behavior to user identity metrics such as account age, verification (KYC), and activity level.
- Introduce “Content Contributor Points” in the future to reward valuable content creators and elevate the platform’s user quality.
Conclusion
The core of Web3 is built on authenticity and community-driven growth. If scoring mechanisms are exploited by bad actors, it will erode fairness and trust within the ecosystem. Strengthening the Alpha Points system by aligning it with real user engagement can help ensure that it rewards loyal, early, and truly active contributors. I hope the Binance team continues refining this system for the benefit of genuine participants.