Every hardworking person deserves to be treated well, especially those who are greedy. However, according to the phenomenon I have observed recently, it is very difficult to accept. For the same project, during the TGE, those who participated in Binance Alpha returned with a lot of money, while the early supporters of the project almost all received low returns, and it was common for them to be greedy.
Take the latest @BalanceWeb3 project as an example. It generously airdropped 3500 $EPT (worth 80U at TGE) to Binance Alpha users, but it was full of tricks for early supporters of the project, such as those who hold NFTs and node mining. For example, @CindyCreation spent 599U to buy 20 nodes in the early stage of @BalanceWeb3 to support the project. After a long wait⌛️, when the project was finally about to succeed in TGE, he found that his Claimed vEPT was not even 50% when converted into $EPT, and was only worth 1000U (cost nearly 12000U❗️), and the rest would be locked for another half a year.
There are many more examples of anti-looting. In fact, it is a common occurrence in many Binance Wallet TGE project communities. However, they are just small and marginalized individuals with little influence, and their messages are not as visible and spread as KOL tweets.
Let’s change the perspective. Why do the project owners do this? The answer is a letter of commitment! A letter of commitment submitted to @binance! On the surface, it is a normal market activity and traffic cooperation during TGE. Most exchanges on projects will do something similar, but it has changed at the moment.
Web3 should have followed the virtuous cycle of "community → project → community" - the community builds the ecosystem, promotes product improvement, and gives back to the community after the project is launched to achieve value sharing. However, in reality, this path is being distorted into "community → project → platform". In order to please the exchange platform, please @KaitoAI who distributes mindshare, and compete for traffic, the project party handed over the rights and interests that originally belonged to the community to the platform before it was launched, and the real community value was marginalized and sacrificed.
To be more straightforward! With the all-round penetration of the "Binance Empire" into industry governance, the underlying logic of "making money" has also quietly changed dramatically. The input-output ratio of early projects is getting smaller and smaller, and uncertainty is increasing dramatically. In the future, only by keeping up with the pace of incentive allocators can you get the meat.
The continuous changes in the Alpha zone airdrop rules are a signal📶
1️⃣: You trade, I give
Eg. Users use Alpha transactions and receive an airdrop of 490 $PROMOT (worth about 290u at TGE)
2️⃣：I will only give you if you trade within a certain period of time
E.g. Users who use Alpha transactions between 4.11 and 4.17 will receive an airdrop of 3500 $EPT (worth about 70U at TGE)
3️⃣: I will give you a certain amount based on how much you trade during a certain period.
E.g. Users who trade $50 or more using Alpha between 3.22-4.20 will receive an airdrop of 4276 $ZORA (to be released on 4.23 TGE)
4️⃣：?
Please actively embrace the changes, you who are "hairy" deserve to be treated well! Finally, if you find the content useful, please give it a triple like🙏