Why are there so few airdrops so difficult to obtain It can also be considered as an answer to Teacher Guhe. Thank you, Teacher Guhe, for your continued attention to my tweets (long article warning) Why are it difficult to obtain airdrops and coins when many projects are first launched Explain the background: 1. Under the current market situation, there is a lack of buying orders. The project party has no money and the market maker lacks confidence And airdrops are actual chips that are actually sold, and the vast majority of these chips will be converted into selling orders, forming selling pressure on market makers' Takers. The money received by market makers is often real gold and silver Actually, controlling the amount of airdrops and the difficulty of receiving airdrops is a very professional matter, which is very disgusting for retail investors; But for the project team, it is a very necessary, even life-saving thing. If not controlled and given generously, the project party will have relatively poor consequences, and their autonomy in the future will be very limited ———————————————————————— We first need to understand that airdrop is a debt that TGE needs to repay instantly. so What are the consequences if the airdrop claim is made quickly? Assuming a total of 5 million US dollars worth of coins are airdropped, during smooth withdrawal, there may be a selling pressure of 1 million US dollars in the first 15 minutes. This is a nightmare for market makers, as they need to forcefully consume this portion of the selling pressure without making any market profits, which will greatly affect their autonomy in the future But from the perspective of individual investors, they don't care and only believe that the project team lacks a clear plan, without realizing that this is the key for the project team to weigh the pros and cons themselves. Project parties who understand the market, buying, and market makers should never give too many airdrops, and even strictly control the number of airdrops. ———————————————————————— How does the project party control the airdrop collection? 1. Why is it so too laggy when picking up airdrops, or like @ Privasea_ai, we simply don't publish the entrance for picking up airdrops and lock up the Discord chat. Their core is to control the vast majority of these chips that have been listed on Alpha, in order to minimize the burden on market makers and Takers, give project parties more autonomy, and provide themselves with an additional path of survival. This is far more important than individual investors praising it. The project team has a clear plan, which is also a reflection of their professionalism 2. Why is the lead air drop too laggy? Why can't the cryptocurrency industry withstand concurrency like this when it's already 2025? The core reason is actually here 1. The project team directly reduced the concurrency of cloud services 2. The project team does not want to face huge selling pressure in the early stages to take on the project Smashing 5 million U in 1 hour and 5 million U in 48 hours are two different concepts The pressure on market makers in the latter is much lower than that in the former ———————————————————————— Why do I say that strict control of airdrop amounts and difficulty in receiving them by the project team is not a bad thing? This is not about washing the floor. The cost of listing is extremely high, and it requires earning profits from market making to offset the debt before listing (mainly in Series A, which does not refer to all projects, but only to individual projects) When you sell more tokens from market making and have more money extracted, you have room to play. Whether it's doing additional marketing or product iteration, you have the opportunity to create a bigger story. If there is no money left, the project can only die, which is detrimental to all participants. The player who uses backstabbing and airdrops is actually an excellent choice. It almost only harmed the interests of this group of players, preserving all other participants, even including secondary participants ———————————————————————— Why do people accept a lower valuation opening after Binance Alpha and are willing to incur losses in the final round of listing? This is actually very crucial. I haven't seen any analysis about this type of content from any channel. Let me explain it to the project team and VC who don't understand. You can also take a look at my article What are the benefits of Binance Alpha's undervalued opening? When the valuation is underestimated, the equivalent value airdropped is also low, and the pressure on market makers is much smaller. After absorbing the selling pressure, market makers and project parties can pull the market at a much lower cost than the original valuation opening, giving the project more upward space. At the same time, market makers do not need to act wickedly and complete distribution and fundraising by clearing counterparty positions, resulting in a relatively better overall candlestick chart. 3. All of the above will provide the project team with more possibilities to cope with the implicit costs of launching Binance on the main Binance site, giving them greater room for development and greatly increasing the likelihood of Binance Alpha launching on the Binance main site. 4. Wash away participants with insufficient cognition, who do not need to maintain their interests. Essentially, these participants do not need to be the core layer. This industry is one where cognition determines wealth. Those with low cognition will naturally surrender their wealth, which is the operating law of the trading market. ———————————————————————— Written at the end of the film, why am I writing this content Recently, I have found that many alpha project parties are not very clear about the logic here, and at the same time, I really hope Binance Alpha can achieve the desired effect, which is almost the only turning point for VC coins. This is a path where retail holders/investors and Alpha project parties stand on the same side, which actually did not exist in the past. This is a great place, and I hope to try to push it forward through my efforts, even if it's just a little bit. @heyibinance @sisibinance The project team should also avoid taking some detours and focus on making products, delivering products, and iterating versions, instead of making things messy and messy. This is not in line with Binance's original intention of becoming an Alpha, and it is also the last straw that VC project parties can almost grasp in the past. The establishment of Alpha faces great resistance, don't let it down.