Is there still cost-effectiveness in participating in TGE?
First, the conclusion is that it is completely inferior to the profits of airdrops for the following reasons:
Airdrops have no cost; while TGE requires about 0.02 BNB to purchase new tokens, along with various GAS fees.
Airdrops are more flexible; they can be claimed and sold at any time, with transparent pricing, strong liquidity, and even unclaimed airdrop redistributions; TGE pricing is opaque, and how much you can get entirely depends on the number of participants and luck. Moreover, it is very difficult to sell the new tokens at a reasonable price immediately after obtaining them, as everyone rushes to sell, causing severe price fluctuations and uncertain profits.
Based on the historical TGE returns, it typically yields only around 100 U or even dozens of U, and this is after deducting about 15 U for BNB losses. Compared to airdrops that easily exceed 150 U, it is simply not cost-effective.
Both involve a deduction of 15 points; however, participating in TGE for new tokens incurs costs, requires competition, and creates anxiety over selling; while with airdrops, you can completely wait and see the price trends before making a decision. The answer is obvious: TGE is completely a backward mechanism.
Suggestions for airdrops and TGE:
It is suggested that Binance consider lowering the point deduction for TGE, such as reducing it to 8-10 points, because TGE is a mechanism that incurs costs and has uncertain returns. If there are no point incentives to guide risk balance, then TGE has no cost-effectiveness at all.
In summary: Before the mechanism changes, it is better to avoid participating in TGE if possible.
