Has the next round of alpha arrived? Has alpha finally made it?
$STABLE and $NIGHT , these two airdrops have made many departing retail investors frustrated, but they have at least given a bit of relief to those still struggling. The pig's trotter was also about to leave, but didn't expect to get a taste. Thinking carefully, the next alpha cycle is also coming soon, but there may be certain changes and innovations.
For centralized exchanges (cex) like bn, the biggest advantage is actually liquidity. Retail investors generate trading volume to receive airdrops and profits, while also providing liquidity to the exchange. Project teams see good liquidity and rush to issue tokens here, which in itself creates a positive cycle that promotes the financing efficiency and popularity of web3.
However, as many have observed, many people actually don’t understand what the projects launched in alpha are about; they only care about how to reduce costs and which projects have larger margins. In such an atmosphere, projects lack effective participation, merely have popularity, and project teams also lack feedback from users regarding their products, resulting in a lack of motivation and targets for optimization, leading to poor project profitability. Gradually, good projects are becoming fewer, investors are unwilling to invest money, and projects that can go on alpha are increasingly short of funds. Don’t even think about buybacks or cancellations; you expect retail investors to hold on? What are you thinking? Once airdrops are issued, I will just dump them.
This issue essentially reflects the inherent flaws in alpha projects’ models. On the contrary, many dex projects like grvt and lighter are currently doing some tge projects that have much better interaction effects and have many bright innovations. Therefore, bn's alpha projects will definitely undergo changes, but my guess about what they will change into is:
1. Projects that issue tokens directly through i-point thresholds will decrease, shifting towards more investment in boosters and tge. The point thresholds will be lowered, margins will be slightly larger, and there will be fewer but higher-quality projects.
2. Posting in the bn square may be included in booster tasks,
Investing more to build the bn square ecosystem, with more weight given to in-depth and valuable articles. It is hard to say whether the points from the creative platform will be counted together with alpha points.
These are the two points that I think will have a significant impact on retail investors.
