OPEN TO PERSONS 18 YEARS OF AGE OR OLDER ONLY—SEE ELIGIBILITY CRITERIA IN THE COMPETITION RULES on Bitfinex.com
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: “GXT Telegram Takeover AMA and Airdrop Quiz” (the “Competition”)
Description of the Competition:
The competition will take place on the Official Bitfinex Telegram account (https://t.me/bitfinex); you can always identify the official account with the blue tick icon as shown here.
Please note: Bitfinex or any of the official Bitfinex team will never contact you on Telegram to ask for personal account information or share any files with you.
The “GXT Telegram Takeover AMA and Airdrop Quiz” will take place on Friday 5th August 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 Bitfinex and GXT Global will be discussing the GXT project, and this is where the answers to the Quiz will be shared.
For those unable to attend the “GXT Telegram Takeover AMA and Airdrop Quiz”, there will be a blog post shared that will also provide information that contains the answers to the quiz.
Once the competition is over, a Google form will be shared and pinned on the Bitfinex Telegram channel. You will be able to answer the questions and submit answers. This is a race against time, and those who equal points will be sorted according to the registered time of response.
Please note that during the time of the AMA, the Telegram channels chat feature will be turned off to group members, so only the GXT Global and Bitfinex teams can communicate during this time. Should you need support, you can visit cs.bitfinex.com.
To join the “GXT Telegram Takeover AMA and Airdrop Quiz” 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 a GXT (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: 5th August 2022 at 14:00: UTC - 11th August 2022 at 00:00 AM UTC (6 days)
Competition Prizes and Payment:
- The main criteria will be the score, with each question worth one point.
- The second criteria is the response speed, which will be checked via timestamp.
- We will have 10 questions related to the AMA 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, which means 5 out of 10
- Payment: Winners will receive reward tokens in their Exchange wallets. The reward tokens will be distributed to winners on or promptly after 12th August 2022.
- Slots and Prizes:
PODIUM - TOP TIER PRIZES
- 1st Place 4000 GXT Tokens
- 2nd Place 3500 GXT Tokens
- 3rd Place 2500 GXT Tokens
IN THE TOP 10
- 4th & 5th Place 1500 GXT Tokens
- 6th to10th Place 1000 GXT Tokens
- 1th to 20th Place 500 GXT Tokens
- 21st to 30th Place 300 GXT Tokens
- 31st to 100th Place 200 GXT Tokens
Eligibility: This Competition is open to all eligible users who have completed at least Basic Plus verification process by 11:59:59 PM UTC on 11th August 2022. One prize per person.
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 users 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.