zhang Dora

Yesterday I bought the dip happily, today I'm getting scammed
Let's talk about the #ALPHA🔥 points issue!
Currently, everything that is worth money has been swept away by studios!
The essence is to let more people experience the fun and benefits of web3!
Now it has become a cannon fodder for ordinary people!
Real users and a large number of studios have become opposites!

In fact, when it comes down to it, the controversy over Binance's Alpha points boils down to two words: fairness.

Think about it, back when the rules were just set up, they surely weren't that perfect, and studios are clever, they immediately found loopholes. Either they issue a Pixiu coin themselves, and the balance of 4 points is like picking it up for free; or gather a bunch of people to create a $100,000 pool, with trading fees as low as $0.1, almost equivalent to spending no money; if that doesn't work, just get some shitcoins, increase trading volume without any loss, and after a set of operations, the points just keep rising.

But us ordinary retail investors and them are not playing the same game. They rely on scripts and arbitrage, brushing with almost zero cost; what about us? We have to trade manually, investing real money, while also bearing the costs of fees and slippage. Clearly, both sides are contributing to the platform, but the price paid is worlds apart, and in the end, the points ranking is far behind, which is clearly not what Alpha intended at the beginning—it originally wanted to encourage everyone to trade genuinely and build the ecosystem together, but now it seems to have become distorted.

Later, Binance did adjust the rules, such as adding point consumption, confirming participation requires 15 points; they also upgraded risk control, stating that using bots to brush is considered a violation, and implemented facial recognition and slider verification to prevent cheating. These actions are correct, but it seems the effects haven't fully kept up; recently, the threshold for airdrops has increased again, making it difficult for retail investors to keep up.

In fact, no one really opposes studios or arbitrage, after all, the market needs these roles. What everyone fears is that if brushing volume and scripts become mainstream, the entire ecosystem will be hollowed out. Just think about it, isn't web3 all about everyone sharing some dividends? If it ultimately turns into a resource game that only a few can afford to play, then what’s the point?