Let's talk about Binance Alpha and summarize the Binance profits over the past month.

I wouldn’t consider myself a diligent person, nor a smart one, so I only started to seriously participate in Binance's IDO around mid-April (at that time, points had not yet been launched). From mid-April to the end of April, I kept an eye on every IDO from Binance, and in about half a month, I made roughly 800 U.S. dollars in profit. After chatting with a few friends in the community, I began to seriously try Alpha (by this time, community members had already set up eight accounts).

I remember that Alpha points started appearing in late April; at that time, I believe it was over 30 points. I then began to diligently accumulate points every day, initially averaging about 12-13 points a day without a specific plan. Everyone was a bit confused back then, but after continuously receiving airdrops for a few days starting May 5, I realized this needed to be planned out over the long term.

I saw several KOLs on Twitter sharing their experiences with Alpha point accumulation, and I summarized what I believe to be the most suitable strategy.

Binance account deposit: 1100 U.S. dollars, 1000 U.S. dollars = 2 points

Accumulate Alpha on the BSC chain: 32768 U.S. dollars, 32768 * 2 = 16 points

Based on ZKJ's calculation of 0.5 U.S. dollars loss per 2000 U.S. dollars, daily loss is around 8.2 U.S. dollars.

15 days = 270 points = 4 airdrops, 30 days = 8 airdrops

Calculating each airdrop at around 100 U.S. dollars, 8 airdrops = 800 U.S. dollars.

800 - 246 = 554, monthly single account profit is around 554 U.S. dollars.

Here comes the key point: If within 30 days there are 5 days where I accumulate 1 extra point each day, theoretically, there will be one more chance for an airdrop. The additional 5 days of accumulation will incur a total loss of about 40 U.S. dollars, so the profit from a single account would be around 600 U.S. dollars.

Final thoughts

As a newcomer who has just entered the space for a year, I feel that web3 is truly a field that requires strong execution. I still remember when I first got into profit accumulation, a friend joked that I was joining the National Army in 1949, implying that profit accumulation isn't as feasible now. I don’t think they were wrong; the current profit environment is definitely not as good as it was in 2018. However, for most web2 friends, a monthly profit of 600 U.S. dollars (4200 RMB) is not a small amount. In web3, you might only need to spend a few minutes a day moving your fingers and clicking on an app to achieve that.

Lastly, I want to thank Binance for enhancing the relationships among friends and family while accumulating Alpha.