🟡 Dear @BinanceWallet@binance@_RichardTeng
Are You Building Crypto Monopoly or Just Killing Early Communities?
This is an open letter from a community member, and believer of decentralization. And I’m not the only one feeling this. Many of us are mad and we need to talk.
Because what you’re doing right now isn’t Alpha. It’s Extraction.
Let me explain,
Lately, Binance Alpha campaigns feel like Monopoly:
Projects throw allocations, users grind Alpha Points like slaves, buy and sell fee absurd, and the worst part?
The OGs, the people who supported these projects from Day 0, get the dust or almost nothing.
Oh, you completed testnet quests before it was cool?
Posted threads, memes, brought in new users, ran Discord community nights?
Congrats. You get diluted by people who just joined for one Alpha snapshot.
This is not crypto. This is a game of pay-to-play, burn-to-earn, and pay-for-allocation.
Even worse?
The Alpha Points requirement keeps increasing.
The fees keep climbing.
And the results? You can still walk away with ZERO after weeks of effort.
Oh, but hey, you got a “chance.” Sounds familiar? Yeah, sounds like a gacha game. But this isn’t Web3 anymore. This is Web2.5 with a VIP pass.
So here’s a question for Binance:
Are you here to build the future of finance or just a casino for token tourists?
Because if you keep squeezing early adopters while rewarding newcomers with bigger bags,
you’re not helping the ecosystem, you’re slowly killing it.
And to builders and devs team who joined the Binance Alpha parade hoping for a listing shortcut:
You think this is the only way?
You think this is how to impress VCs?
You think Binance will list you because you gave a small allocation?
Let me give you a reality check:
If your community turns their back on you, no exchange listing will save you.
Alpha points don’t build loyalty. Community do.
The real alpha? Build something real.
Good tech. Loyal users. Sustainable growth.
And most importantly, don’t betray the people who carried you when nobody cared.
We don’t need more shiny launches with broken tokenomics. We need trust, transparency, and community-first principles back in crypto.
If every exchange starts doing what Binance Alpha does today, this space will rot from the inside.
So I’m saying this loud:
Dear Binance, you’re better than this.
Be the leader we once believed in.
And if not?
Then maybe the next Alpha won’t come from your campaigns, but from the rebellion you accidentally sparked.
With frustration,
— A builder who still believes in real Web3
🛑 Share this if you feel the same.
🛑 Tag a builder who needs to read this.
🛑 Let’s get this into the timeline Binance can’t ignore.
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A few months ago, we engaged with the @StratoVM_ testnet, an EVM-compatible Bitcoin Layer 2 for BTCFi; it made some huge moves then.
Remember, node runners usually gain significantly, just as we did with XAI.
Now, they're launching node sales. Before writing this tweet, I looked at the benefits for node license holders, and they're pretty worth it.
25% of the total $SVM supply will be airdropped to node holders over 24 months, which is guaranteed and already quite good.
Don't forget that we often receive additional airdrops beyond the promised rewards from the nodes we've purchased, as seen with @XAI_GAMES and @AethirCloud.
Most airdrops cover our initial costs. Additionally, we can stake our node licenses to earn SVM points until the stratoVM mainnet launch. Upon launch, these points will be converted to $SVM.
More tokens, as mentioned. 100 Million SVM points will be distributed to all node operators.
And remember how, a few months ago, we saw the rise of Bitcoin ordinals? Bitcoin's DeFi Total Value Locked (TVL) is only 0.13% of its impressive $1.4 trillion market value. Despite this, I believe it has the potential to make a substantial impact in the DeFi sector.
To purchase a node, visit https://t.co/vE5xeqOMwm and enter the number of nodes you are getting. If you get more than one (Five), you get a mystery box; I don't know what may be inside, but you can use ETH on either Arbitrum, Ethereum, or BSC; I will be using Arbiturm.
You can use the promo code "ke3ubbfg" at checkout for a 5% discount. As always, we can use this money to purchase a VPS subscription.
Here is the code again: ke3ubbfg
Running a node was quite frustrating for beginners in the beginning. I dedicated a lot of time to helping in my node group. Now, running a node is much easier with a one-click setup.
We can run the @StratoVM_ node on our mobile phones by simply staking our node NFT with one click and earning rewards.
This is it for now; I will be back with more updates.