satyaxbt@satyaXBT
🟡 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.
