Some thoughts about alpha

First of all, Binance's alpha is a service worthy of recognition and approval, which allows users who do not hold BNB to receive airdrops, and users with less than 1,000U can also get airdrops through alpha. As long as the execution is sufficient, 500U is a guaranteed monthly income, so Binance must be praised here. It has activated the interaction of the BSC chain, increased the number of users of Binance wallets, and provided a relatively low-risk platform for users who want to rush to the local dog but are afraid of being cut. Of course, the chance of encountering a hundred times or a thousand times the golden dog is also much smaller. It is a win-win situation for Binance and users. In addition, the project party and the decentralized exchange can get what they need, which is a win-win result.

However, with the spread of information, judging from the characteristics of Chinese people, sooner or later it will be a result of rolling to a new height. Even if the final monthly income is only 100U, there are still a large number of people willing to continue rolling. After all, you can get income almost without risk by spending 10 minutes to half an hour every day. Calculated based on the investment of 1,200U (not participating in TGE), the annual return rate is 100%, so what else do you want? But if this continues, it is hard to say whether it is good or bad for the development of the industry. Looking at the airdrops in recent rounds, it is almost the peak as soon as it is listed. The project party ships the goods, and the airdrop users ship the goods. Almost no one pays attention to the development of the project itself. It feels like a competition to see who runs faster. Although I believe that there must be projects in alpha that want to do things steadily, gaining recognition from users and the market is not something that users who are just brushing points need to pay attention to. Why is it that as long as a project is dominated by Chinese people, it will always be identified as a project to cut leeks? I think Chinese people understand Chinese people better, or it may be that they judge others by themselves.