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Jessy, bitchain vision
The requirements for participating in Binance Wallet TGE are getting higher and higher!
Previously, the popularity of Binance Wallet’s exclusive TGE brought a large amount of data and new users to Binance Wallet, making it the most popular Web3 wallet.The retail investors who participated also received relatively generous returns in TGE with a lower threshold.The requirements for token airdrops and TGE activities in Binance wallets in the last five times have become increasingly high.Whether it is the exclusive TGE event or the Alpha airdrop event, there are requirements for the user’s Alpha token trading activities.
These requirements were originally to purchase any Binance Alpha tokens on the exchange or wallet, and later there were requirements for the transaction amount, from the initial 20U to 50U, 100U… Until April 25, new regulations were issued, and the Binance Alpha Points scoring system was launched. Binance will judge users who have empty investment spaces and participate in TGE activities based on this point ranking.
How the rules of Alpha Points work
The 12th Binance Wallet exclusive TGE, which was launched on April 25, has used Alpha Points to judge who is eligible for airdrops. According to Binance’s announcement, users who meet the subscription qualification this time must have at least 45 Binance Alpha points.
The calculation of the points system is divided into two parts. One is calculated based on the number of assets of the user, and the other is calculated based on the value of the transactional Alpha tokens.The details are as follows:
The threshold for this 45 points is that if there are more than 10,000U of assets in the Binance Exchange or wallet within the last 15 days, it can meet the requirements.Or you may buy 8U of Alpha tokens for 15 consecutive days.
As soon as this rule comes out, it also indicates that it is becoming increasingly difficult for users to get wool.For specialized hair care studios, the cost is also greatly increased.The launch of this Binance point system also has the effect of preventing witches.
From an operational perspective, under the limitations of such a set of rules, users’ loyalty to Binance Exchange will be greatly improved.It can be imagined that in order to obtain a short investment space, more users will transfer funds to the Binance Exchange, which will also increase the frequency of users’ transactions on Binance Alpha tokens.
At present, according to this set of points rules, it is actually easier for users with insufficient assets to obtain points through transactions. As long as you trade Alpha tokens multiple times, the requirements can be met.If you only need to trade Alpha tokens with a transaction price of more than 128U or more, it can meet the points requirements of the 12th TGE.
Summarize:
Whether it is an exchange or an airdrop in its wallet or a TGE activity, it is an advantage given to users on the surface.In fact, it is a way for the exchange to maintain users and make data for their various new products.Whether it is Binance or several other exchanges, they are actually gradually raising the threshold for airdrops and TGE.
The increase in the threshold is actually a good thing for real users. The real loyal users of the exchange are screened through the raised threshold. When the total amount of the reward pool is certain, fewer users meet the requirements, and the amount of airdrops assigned by real users will also increase.For exchanges, this will also greatly improve user stickiness.
