Talk about the current Binance Alpha
I am just an ordinary Alpha user, I don't have technical skills, nor can I issue coins or create automated tools, I can only rely on manual trading. Currently, my trading volume per account is around $32,000 per day, because occasionally I encounter slippage or order squeezing. Over a 15-day cycle, an average account spends about $100 in costs.
I keep about $1,000 in balance in each account, with around 20 accounts, and each account can earn 17 points per day, totaling 255 points in one cycle. Today's airdrop minimum threshold has already risen to 236 points, and if this standard is maintained, I can expect to receive about 1.5 airdrops per cycle.
Currently, each airdrop has an average value of around $80. After deducting the cycle cost of $100, it means a net profit of $30 every 15 days, which amounts to about $60 income per account per month. Considering the initial capital investment, the risks involved, and the input-output ratio, it is estimated that ordinary people in some third- and fourth-tier cities may not be interested.
However, for teams or studios with resources and technology, this kind of play is still attractive. After all, exchanges are indeed cracking down on violations, making the gameplay more difficult and the returns decreasing, which is undeniable.
I plan to stick it out for one more cycle. If the returns remain the same, it would indicate that this approach isn't suitable for me. To be honest, the thresholds for the Alpha project are getting higher and profits are gradually declining. Although I can still make a bit of money now, no one knows how much longer this game can be played.
Perhaps what is more worthwhile now is to take this opportunity to deeply understand the web3 world, as airdropping is just one way, and the opportunities in web3 go far beyond this.