$ALPHA began as a self-aware memecoin tied to Net Protocol, launched without promises or expectations—but it quickly became embedded in the network’s core mechanics. While its origin was playful, its role has evolved into a key piece of the upvote economy, routing value across onchain social interactions.
Net Protocol introduced a novel upvote system where every signal is a transaction—users spend ETH to express conviction for tokens, wallets, or Twitter accounts. These votes don’t just display sentiment; they execute token purchases and redistributions under the hood, making every click programmable.
Token upvotes split 50/50—half buying the chosen token, half buying $ALPHA—while upvoting $ALPHA sends all funds back into itself. This reflexive mechanism turns $ALPHA into the beating heart of Net's incentive layer, reinforcing its relevance with each signal.
