OPEN TO PERSONS 18 YEARS OF AGE OR OLDER ONLY—SEE ELIGIBILITY CRITERIA IN THE COMPETITION RULES
VOID WHERE PROHIBITED BY LAW
This Competition Description is meant to be read in conjunction with the General Rules for Competitions on Bitfinex.com.
Name of the Competition: “Bitfinex & CryptoGPT Telegram Takeover AMA and Airdrop Quiz” (the “Competition”)
Description of the Competition:
The competition will take place on the official Bitfinex Telegram (https://t.me/bitfinex);
you can always identify the official account with the blue tick icon as shown here:
Please note: No member of Bitfinex will ever contact you on Telegram to ask for personal account information or share any files with you.
The “Competition” will take place on Friday, March 24th, 2023, at 14:00 UTC. Participants are advised to join before this time to ensure they don’t miss out.
During the event, representatives from both parties (Bitfinex and CryptoGPT) will be discussing the CryptoGPT project, and the answers to the Quiz will be shared on Telegram.
For those unable to attend the “Competition”, there’s a blog post with basic information shared here: https://blog.bitfinex.com/education/what-is-cryptogpt-gpt/ . You can still consult the transcript of the AMA on the day of the event in our telegram channel: (http://t.me/bitfinex), and listen to our podcast at: http://discord.com/invite/bitfinex or https://www.youtube.com/@Bitfinexexchange.
Once the competition is complete, a Google form will be shared and pinned on the Bitfinex Telegram channel. You will be able to answer the questions and submit your answers on the form. This is a race against time, and those with equal scores will be placed based on the timestamp of response. The questions will be multiple choice.
Please note that during the time of the AMA, the Telegram channel’s chat feature will be disabled to group members, so only the CryptoGPT and Bitfinex teams can communicate during this time. Should you need support, you can visit cs.bitfinex.com.
To join the “COMPETITION”, you'll need to have a verified Bitfinex account to at least a Basic Plus level. You will also need to ensure you have an GPT(ERC-20) wallet address set up on your account so that the competition prize, should you win, can be transferred to your account.
Competition Period: 24th March 2023 at 14:00 UTC - 31st March 2023 at 21:00 PM UTC
Competition Prizes and Payment:
- The main criterion to decide the winner will be the score, with each question worth one point.
- The second criterion is the response speed, which will be checked via the timestamp provided on google forms.
- We will have ten questions related to the Interview session discussed during the Telegram Takeover and related to the project whitepaper.
- Prizes will only be awarded to those who answer at least half of the questions correctly.
- Payment: Winners will receive reward tokens in their Bitfinex exchange wallets.
- Slots and Prizes by Score: Total of 21,500 GPT
PODIUM - TOP-TIER PRIZES
- 1st Place 2500 GPT Tokens
- 2nd Place 2000 GPT Tokens
- 3rd Place 1500 GPT Tokens
- 4th Place 1000 GPT Tokens
- 5th to 10th Place 750 GPT Tokens
- 11th to 20th Place 500 GPT Tokens
- 21st to 40th Place 250 GPT Tokens
Distribution: Prizes will be distributed on or before 7th April, 2023 (one prize per person)
Account Eligibility: Complete Basic Plus Verification or above by 24th March, 2023 or you risk losing your eligibility.
The General Rules for Competition and the Competition Description will govern in the case of any discrepancy with this post. This Competition is only available to customers who are at least 18 years of age and are not a Prohibited Person or a U.S person, both as defined in the Bitfinex Terms of Service.
Prohibited Use: Entries from users owned or controlled by the same person are not allowed. Double entries will be disqualified.
Disclaimer: Bitfinex reserves the right to make changes without prior notice. Keep up to date by referring to the rules of participation in this article.