On February 11, the Alpha blind box goes live. It’s first come, first served, with a points threshold that drops every five minutes. Each claim burns 15 points, non-refundable, and every box contains one token, even though multiple projects are bundled overall.



Mechanically, this kind of packaging usually signals one thing: supply pressure. When several project tokens are wrapped into blind boxes, it often means teams are trying to redistribute inventory rather than highlight strength.



That doesn’t mean it’s automatically bad. A base guarantee matters here. If there’s a real floor and a small chance of a meaningful reward, participation makes sense. If not, trust erodes fast.



Trade Thought / Decision Framework


Understand the structure before chasing the lottery.


Burned points = real cost.


Value comes from guarantees, not hope.



For clarity — this is observation, not advice.



Question:


Do you see blind boxes as fair redistribution… or a liquidity patch?