One cannot deny that Binance Alpha has brought more profits to users who are grabbing rewards, and it is quick and efficient. Previously, everyone was keen to participate in Binance wallet activities, and each time they did, they earned rewards.
Moreover, the key point is: project parties can choose not to give you airdrops, but as long as you complete the exchange's tasks, you will basically receive something. Instead of being manipulated by project parties, it’s better to study how to effectively use the Binance wallet; this is where real money can be seen. For newcomers, doing a good job with one account can cover a month's living expenses!
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🔘 So for users,
1. Alpha points are not just a simple way to grab airdrops, but a 'high-quality on-chain user filter' for Binance's future.
Alpha points will ultimately favor real users; high points indicate that you are an active user on the chain. I believe that Binance's rules for points will continue to optimize, allowing more real users to receive airdrops.
It is also about cultivating everyone's habit of using wallets; user habits are formed slowly, not changed in a day. Only when more real users come in will the Binance wallet develop better in the future.
2. Alpha is actually a 'low-risk small investment new project arena.'
Now, everyone participating in the new project basically sees gains, with high returns in the thousands of USDT and low returns in the dozens of USDT. With Binance's endorsement, we can participate in new projects with a very low threshold, and the probability of Alpha projects going to zero in the short term is very small. I don’t know how the trends will develop later, but at least at the opening, gains can be made.
3. Alpha points are likely to connect with major sectors of the Binance ecosystem in the future.
I blindly guess that Alpha points are not just a threshold for new projects; in the future, they may become the 'pass' for Binance's Web3 ecosystem. Wallets, tasks, Dapp testing, Megadrop, Launchpool... it is possible that all of these will be interconnected. From a long-term perspective, the benefits of Alpha points are still numerous.
Supplementary explanation: The project parties are on 'Binance Alpha', not 'Binance Exchange.'
What Binance is currently doing is screening projects to be listed on Alpha first; only those that can withstand Alpha's scrutiny will have the opportunity to be listed on Binance's main site!
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🔘 For the project parties,
Do you all remember how Binance Launchpool was criticized last year? I remember someone counted how many tokens from Launchpool dropped, and there was a chorus of complaints. Therefore, in my opinion, Binance Alpha is one of the solutions! Alpha is the 'buffer zone' provided by Binance for the project parties.
Binance no longer allows project parties to list directly on the exchange; they must first go through Alpha. Only after market testing and good performance will they have the chance to advance. Poor performers will be eliminated directly during the Alpha phase to prevent dumping after listing.
1. The Alpha phase is a battlefield for projects to shuffle in advance.
For example, tokens like $WAL performed strongly during Alpha, and after listing, they continue to build and maintain the community; the TGE is just the beginning. (Haha, it's just a metaphor, but they really performed well.)
The projects that were previously voted out by the community are now being launched to let people pick them up, and the price of each token is plummeting! In the future, projects that advance from Alpha to the exchange will gradually filter out the true essence, while those that underperform will be directly kicked out.
Alpha = exposing problems in advance, so users won't step on landmines themselves.
2. Alpha trading volume is a secret indicator for Binance's internal assessment of 'community enthusiasm.'
During Alpha, projects with high on-chain trading activity and fast capital flow may receive support from Binance to be listed on the exchange. Conversely, projects with low trading activity will basically be passed over. Looking at on-chain trading data may be the most intuitive, rather than Twitter sentiment!
3. Alpha = Binance testing the future track direction at a low cost.
Projects launched during Alpha may seem chaotic on the surface, but in reality, Binance is testing the enthusiasm of the tracks, with full chain interoperability, modularity, RWA, and AI integration. The next new narrative may lie within Alpha.
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For users, Alpha is a qualification for competing in the future.
For the project party, it is an opportunity to strive for survival.
The battle for Alpha points has already begun; it is the battlefield for everyone!