Let’s Celebrate the Bitcoin Halving! Join the Channel VIP Point Challenge and Share the $COS Reward Pool!

ContentosHome
Contentos
Published in
3 min readApr 18, 2024

Dear COSers,

With the Bitcoin halving happening soon, Channel VIP is thrilled to launch the “Point Challenge” event to celebrate this historic moment with our users!

During the event period, users will be eligible to share the $COS Reward Pool if they trade PASSes and accumulate enough points! The more you trade, the more points you can earn, and the more $COS you can win!

JOIN NOW 👉 https://cos.tv/v2/channel-vip/events/point-challenge

🌟Event Period :

  • April 19, 2024 00:00 — May 2, 2024 23:59 (UTC+0)

🌟How to participate? :

  • Make PASS transactions within any Channel VIP chat room throughout the event period.
  • Participants will earn 1 point for every 1 COS in transaction amount. Each buy and sell transaction will be included in the accumulated points.
  • Points can be used to join the “Lucky Points Roulette” for a chance to earn more points!
  • Users with 100 points or more will be eligible to share the $COS Reward Pool at the end of the event.

🌟Lucky Points Roulette :

  • 500 points are required to participate in the Lucky Points Roulette one time.
  • The roulette consists of the following four prizes:
  • Participants will be rewarded with the “Number of Points used” multiplied by the “Winning Prize”.
  • For example, if a user puts in 500 points to participate in the Lucky Points Roulette and wins the “Five Times Prize”, the user will receive 500 x 5 = 2,500 points; if the user wins the “Half Prize”, the user will receive 500 x 0.5 = 250 points.

🌟Rewards :

  • Participants with 100 points or more will be eligible to share the $COS Reward Pool at the end of the event.
  • Participants will share the $COS Reward Pool based on the ratio of “Points held by the participant” divided by “Total Points held by all participants”.
  • The $COS Reward Pool will be 50% of the Platform Transaction Fees accumulated during the event period.

🌟Bonus Prize :

  • Bonus Prizes will be unlocked if the total accumulated transaction volume of all participating users reaches 2,000,000 COS by April 24, 2024 23:59 (UTC+0)
  • Participants will be eligible for the bonus prize draw if they “use 5,000 points or more for the Lucky Points Roulette” during the bonus period. Participants will have the chance to win additional VEST Loan Rewards in the Lucky Points Roulette!
  • Bonus Period: April 26, 2024 00:00 — May 2, 2024 23:59 (UTC+0)

What is VEST?

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.

With more VEST, 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.
  • The VEST loan rewards period will be 28 days.
  • COS and 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.*

--

--

ContentosHome
Contentos

Revolutionary blockchain-based global content ecosystem where the rights and value will be returned to users. https://www.contentos.io/