In fact, the entire industry was in a highly unbalanced state before the emergence of Binance Alpha and OKX Dex.

This kind of imbalance

was originally between VC institutions and retail investors,

now it is between KOLs and retail investors.

The most important thing for projects is still the value investment and value holding of retail investors.

The value of Binance Alpha lies in aligning the interests of retail KOLs and institutional project parties.

Only by achieving a positive cycle can off-market funds take this industry seriously.