The Influence of Binance Alpha in Web2!
Last weekend, a friend asked me if I had time to attend the offline Binance Alpha communication meeting. At that time, I was out with my family, so I declined. Just last night, I remembered this matter while chatting.
He mentioned that the studios present were basically all above a few hundred households, and only 1%-2% of the larger accounts have survived to this day. Everyone understands now: In the eyes of outsiders, airdrops = instant wealth, but in the end, only a very small number of teams that can optimize scale, efficiency, and risk control can make money.
The core asset of a studio is not capital, but controllable, decentralized, low-cost people (accounts and operators). Whether it’s concentrated account boosting, crowdsourcing models, student part-time jobs, or referral rewards, the essence is to scale at the lowest cost.
Although the profit from a single airdrop is already very thin at the moment. Profitability depends on scale and efficiency. This is more like a laborious task rather than a financial investment. This is also the reason why many people cannot tolerate leaving their jobs. However, it is not uncommon for refined operations to yield annualized returns of over 100%, 200%, or even higher.
The core capability that allows studios to persist until now can be summed up in two words: Extreme.
From account registration, daily score boosting, score monitoring, to grabbing airdrops and selling, every step has been broken down, and execution is ensured through graphic tutorials, chain check-ins, screen recording validations, and other methods. Using Excel spreadsheets to meticulously manage the scores of hundreds or thousands of accounts, calculating the optimal time for receiving.
As for KYC: Most studios adopt a guarantor system, which requires a guarantor or a written commitment. Moreover, each account is limited to 1000 USDT!
The equipment issues are the same as what I mentioned before: one device, one account, one IP; these are lessons learned!
What I care about the most is the anxiety of the studio owners!
Short-term cash flow vs long-term dreams: They are clear that Alpha cannot earn rich money; the real big opportunities lie in the primary market and early projects, but now they have to rely on this profit to sustain the team.
Building infrastructure vs missing opportunities: They know that long-term value lies in stock and trust, but going all-in here is feared to miss out on even greater opportunities, so they can only take one step at a time!
My friend told me the most memorable sentence: Binance Alpha is more like assembly line work; those who can stay are definitely not gamblers, but those who can excel in laborious tasks!!!!