The qualification scores for the alpha activity are getting higher and higher. The result of this trend is that small retail investors are giving up entirely, and now it's all soulless score-farming machines.

Personally, I believe the alpha activity is a good entry point for newcomers into the crypto space. It allows them to understand the basics of DeFi while also providing potential earnings, which can attract many newcomers.

However, the current model has been discussed for its flaws a long time ago, and it hasn't changed. I think it would be more reasonable to set a qualification threshold like TGE, and then allow for score accumulation based on self-investment. For example:

Score threshold: 195 points

Individual investment limit: 30 points (deducted upon investment)

Total investment limit: could refer to previous projects’ distribution situations, for instance, if 10,000 people claim, then limit to 300,000

Individual token limit: this should also have an algorithm, as every time 15 points are deducted, there is a corresponding token quantity

Finally, distribute the prize pool tokens based on the average of the invested scores. If more people participate, additional tokens could be added.

Due to the pre-deduction of points, the basic earnings in normal circumstances are like blind boxes. If you think you're a small player, then don't invest much; if you consider yourself a big player, then invest fully. This indirectly reduces the situation where studios see high earnings and bulk swap qualifications to sell tokens. With fewer participants, congratulations, you're a big player; next time the competition might get fierce, and you'll have to compete for speed, which can also enhance the fun.

However, there are also drawbacks:

Each limit needs to be designed relatively reasonably, leaving enough room; otherwise, the experience can be very poor;

Since it's not a batch operation, there might be bottlenecks at times (like tokens not selling, etc.), and liquidity could potentially be drained in a short time. It might also be possible to collaborate with project parties to conduct staking and locking activities to spread liquidity pressure. The alpha activity is considered a level 1.5 market; although most will go to zero, there are always some with investment potential. It all depends on your own decision-making.

DYOR