0xCardinal Betting Points Summit Challenge: Phase 2

0xCardinal, built on blockchain and DeFi technology, offers users a fair and transparent betting experience. To promote our new features and encourage community participation, we’ve launched the “Betting Points Summit Challenge”. Participants can explore new features and stand a chance to win an Gold NFT reward valued at a floor price of $500.

🚀 After completing Phase 1 quests and distributing rewards, we’re excitedly launching Summit Challenge Phase 2! 💥 Join us for a chance at generous airdrops 🎁✨

Compared to Phase 1, Phase 2 has the following adjustments:

1. The reward list has been reduced from 50 to 30 winners.
2. The weight of betting frequency in points calculation has increased, changing from a 10X multiplier to 20X.

Duration

2023/10/10 00:00–2023/10/31 00:00 (UTC+0)

Link

• Testnet: https://testnet.0xcardinal.io/
• Testing Guide: https://docs.0xcardinal.io/testnet-guides/bet-guide
• Twitter: https://twitter.com/0xcardinal_io
• Discord: https://discord.com/invite/6b6JFrNzsT

Rules

• The top 30 participants will receive rare NFT rewards and role promotions.
• Rankings are based on total accumulated points, with higher points leading to a higher rank.
• In the event of a tie in points, users with more bets are prioritized.
• If points and bet counts are the same, the user who bet earlier ranks higher.
• Users ranked 1–5 in daily accumulated Base-points will receive an extra 150 points the following day.
• Users ranked 6–15 in daily accumulated Base-points will receive an extra 100 points the following day.
• Users ranked 16–30 in daily accumulated Base-points will receive an extra 50 points the following day.
• BasePoints=(BetCount∗20)+(BetAmount/10)BasePoints = (Bet Count * 20) + (Bet Amount / 10)BasePoints=(BetCount∗20)+(BetAmount/10)
• TotalPoints=((BetCount∗20)+(BetAmount/10))+RewardPointsTotal Points = ((Bet Count * 20) + (Bet Amount / 10))+Reward PointsTotalPoints=((BetCount∗20)+(BetAmount/10))+RewardPoints

FAQs

Q: Are only the top 30 users eligible for the airdrop?

A: No, the top 30 users simply have the opportunity to receive a larger airdrop. It’s important to note that we can’t guarantee that participants in the testing will definitely be eligible for the airdrop. We strictly combat behaviors like Sybil attacks. Our airdrop is aimed at those who genuinely believe in our project and actively engage in community building and product testing.

Q: How many stages are there in the Points Summit Challenge?

A: The “Points Summit Challenge” is divided into several stages, each typically lasting 10–20 days on the testnet.

Q: Will the points from the current stage be rolled over to the next stage?

A: Each stage functions as an independent segment of the program, and user points are reset at the end of each stage.

Q: What rewards will be given to the top 30 users in the final rankings, and what are the specific purposes of these rewards?

A:
1) NFT Rewards

Users ranked 1–5 will each receive a Gold NFT.
Users ranked 6–15 will each receive a Silver NFT.
Users ranked 16–30 will each receive a Bronze NFT.

Tips：The rewards include two types of NFTs: one offers a fee reduction feature, while the other provides both a fee reduction and dividend-sharing capability.

2) Purpose

NFT Rewards: Please visit NFTs to learn about the purpose of the NFT.