Channel VIP Quiz Festival: Create Quizzes and Share 3,000,000 VEST Loan Rewards!

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Published in
3 min readAug 29, 2024

Dear COSers,

We are thrilled to announce that Channel VIP is launching the “Quiz Festival” event, dedicated to our passionate community users!

During the event, by creating quizzes in any of the Channel VIP chat rooms, you’ll have a chance to share up to 3,000,000 VEST loan rewards! Additionally, participants who answer correctly will also earn $COS rewards!

Head to the event page to start! ➡️ https://cos.tv/v2/channel-vip/events/quiz-festival

Event Period :

  • August 30, 2024 00:00 — September 12, 2024 23:59 (UTC+0)

Event Details :

  • Create quizzes in Channel VIP chat rooms.
  • Please create quizzes in English to engage more participants from around the world.
  • Participants will be ranked according to the “number of rewards that have been claimed”.

Quiz Requirements :

Only quizzes that meet the following two requirements will be counted towards the ranking and the number of claims.

  • Requirement 1: The quiz must be sent in chat rooms with the “Group Chat” feature enabled.
  • Requirement 2: Each Quiz must have a total reward pool greater than 100 COS, and have at least 30 claims.

Event Rewards :

  • Participants who accumulate 1,000 claimed rewards will qualify to share 3,000,000 VEST loan rewards.
  • Reward Calculation Formula: (Number of Rewards Claimed ÷ Total Rewards Claimed by All Participants) × 3,000,000 VEST Loan Reward × Ratio of Rewards Claimed
  • The VEST loan rewards period for this event is 28 days.

Tips : How to Increase the Number of Quiz Rewards Claimed?

Set the permission of your Quiz to “Public” to attract more participants, including those who are not in the chat room!

Check the Public Quizzes Page: https://cos.tv/v2/channel-vip/public-quizzes

What is VEST Loan?

All the rewards you receive, such as video likes, gifting votes, etc., will become VEST and will be displayed in your COS.TV Mainnet Wallet.

VEST Loans are “VEST with a due date”, and will be automatically retrieved after a specified period. During the time you have a VEST Loan, you will be able to:

  1. Receive more rewards for your liked videos and comments and also receive more rewards for liking and commenting on other creators’ videos.
  2. Participate in block production voting and earn block production ecosystem rewards.

Terms and Conditions :

  • The event will be announced on the Official Contentos Twitter account. Please follow the account to get the latest updates.
  • Participants can deposit COS into their mainnet wallets at any time to participate in the event.
  • Participants can use the Swap function on COS.TV to swap $ETH or $USDT to mainnet $COS tokens to participate in the event.
  • VEST loan rewards will be sent to the mainnet account used to participate in the event.
  • Users that receive VEST loan rewards must be qualified to vote for Contentos Mainnet BPs. For more information on BP voting, please refer to https://bp.contentos.io/.
  • All rewards will be distributed within 7 working days after the end of the event.

*Contentos reserves the right to modify, terminate, or change the contents of this event at any time. Updated event information will be posted without prior notice. The final interpretation rights for this event belongs to Contentos.*

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