Binance Alpha Airdrop Update

Binance started this event where you trade certain Binance alpha tokens on binance and get points, called Binance alpha points. Your airdrop eligibility will be based on these Binance alpha points. Initially, not a lot of people were doing the Binance alpha tasks so the eligibility requirements were very low, you could be making over $500 every week for less work in airdrops compared to real airdrop testers. So people flooded Binance alpha and started doing Binance Alpha tasks, this means that more people are fighting for a limited amount of rewards meaning that Binance has to create a means to regulate it so that everyone can benefit from it.

Binance started a point deduction system, this means that for every airdrop you claim, a certain point will be deducted from your account, and it’s going to take 15 days to recover these points, giving room for others to earn while you wait for your turn. As more people were flooding into the Binance Alpha airdrop event, Binance started increasing their eligibility making people who can afford it participate or keep participating, while people that can’t keep up have no choice but to quit.

Today, Binance just gave everyone who have up to 198 Binance Alpha point $10 without any point deduction, this is just to cover gas for 5 days for me as I spend $1.8 everyday on gas. I wonder where Binance is going with this, is it going to be sustainable? Are they going to give up? Well, I will be here to update you.