Over $10,000 worth of prizes to be won in our IND Trading Contest
Celebrating the listing of IND token on KyberSwap, we are very pleased to announce an IND trading contest on KyberSwap together with the Indorse Team, with 100 prizes, over $10,000 and 3 NFTs to be won!
Join the contest here
With the listing of the IND token on Kyber Network, and the success of the Learn & Earn: Indorse Quiz (with over 1,700 people participated), we are happy to announce an exciting joint trading contest with the Indorse team. The contest will be available from 26 October 2020 21:00 to 03 November 2020 23:59 (GMT+8). Similar to previous KyberSwap contests, users will need to trade to accumulate points and the top winners will share a prize pool.
Users that successfully trade IND by using the swap function in KyberSwap during the contest period will accumulate points based on their trade amount.
Top 100 traders will share the total prize pool of over $10,000 worth of rewards. Please note that to accumulate points, one of the tokens traded must be IND (any token → IND or IND → any token). No minimum trade amount.
Moreover, we are also rewarding the top 3 traders each with 3 cool NFTs, thanks to RedFOX Games.
100 Prizes in total:
🥇1st place — 89,285.71 IND + 1,250 USDT
🥈2nd place — 53,571.43 IND + 750 USDT
🥉3rd place — 30,357.14 IND + 425 USDT
⚡Next 47 places (rank 4–50) — 2,625 IND + 36.75 USDT each
⚡Next 50 places (rank 51–100) — 1,500 IND + 21 USDT each
How to win:
- Sign in to your KyberSwap account via email, Facebook, Google, Twitter, or Telegram. No KYC needed.
- Perform a token swap, with one of the tokens being IND (any token → IND or IND → any token). No minimum trade amount.
- Trading amount will be converted to ETH, and for every ETH, the user will be awarded 1 point. Up to 4 decimal places.
- User must be logged in to KyberSwap in order to accumulate points. No KYC needed.
Read our full Terms and Conditions here.
BIG tip: you can hold ≥2000 KNC in your wallet to get 20% more bonus points for every IND trade. Trade KNC on our Android or iOS app will yield you another 20% bonus points.
Download our app on Android / iOS
Click here to participate in this contest.
Win even more by retweeting about this contest
10 lucky Twitter winners will also get $30 each after they:
- Follow @KyberSwap and @joinindorse on Twitter;
- Retweet our pinned tweet about the IND trading contest.
- Tag 3 friends in the comments, with the hashtag #swapIND and $OGN.
Duration: From 26 October 2020 21:00 to 03 November 2020 23:59 (GMT+8)
Winners will be randomly selected
ABOUT INDORSE
As one of the early pioneers of the Ethereum/Blockchain space, Indorse is deeply ingrained in the community and development scene. Indorse was established in 2017 and in the last 3 years, the team has achieved a lot of great milestones, worked with several enterprise clients, and generated revenues in excess of US$ 1 million.
Indorse has built a decentralized application (DApp) on the Ethereum blockchain protocol and offers hackathons, upskilling, and coding skill analysis to gauge the technical skills of the software developers.
The cofounders of Indorse have been working in the blockchain space for 7+ years. David Moskowitz was one of South-East Asia’s early Bitcoin & Blockchain pioneers. Gaurang Torvekar who is also the CEO of the company has been writing smart contracts since 2015. Avadhoot Kulkarni has been marketing and growing blockchain products for 4+ years. The team is spread across the globe having corporate offices in Singapore and London.
At the core of the operations is a blockchain-powered decentralized professional network platform for validating the skill claims of individuals through industry experts. Skills are validated through a decentralized consensus-based on a combination of anonymous judgments by other users and artificially intelligence-based validation systems. Users of Indorse are rewarded for their activity on the platform with the Indorse cryptocurrency token (IND), which can be used on the platform to purchase business services.
In Indorse 2.0, which is the next version of the Indorse ecosystem, the platform is getting upgraded focusing on the new staking mechanisms, exciting new roles within the ecosystem, and new token utility models. Indorse 2.0 will also open the way to a more decentralized governance model with the eventual implementation of the Indorse DAO planned to occur in stages throughout 2021.
Indorse uses a modern tech stack of ReactJS coupled with web3.js to interact with the Ethereum Blockchain. Indorse is also integrated with other decentralized apps including uPort, Civic, and others.
Learn more:
THE INDORSE TOKEN (IND)
The Indorse Token (IND) is a utility token that powers the entire Indorse ecosystem.
Users of Indorse are rewarded for their activity on the platform with the Indorse cryptocurrency token (IND), which can be used to participate in the Indorse ecosystem.
With the upcoming updates such as new roles, staking, and DAO, the IND token becomes even more powerful, empowering the Indorse ecosystem to grow further.
Indorse 2.0 introduces new roles which are meant to increase the utility of the IND token such as Decentralized Referral Agents, who need to stake IND to maintain their agent status, and Liquidity Providers who are fulfilling an external but essential role in keeping a dynamic IND token market.
The Indorse 2.0 revised token model introduces IND staking which is meant to reward the most active members of the Indorse commmunity. Staking has demonstrated it can be an effective method to incentivise token holders while reducing the number of tokens trading on the market.
In addition, the IND token will become the key element of a decentralised governance model to be implemented throughout 2021 (Indorse DAO).
The ERC20 contract is live on the Ethereum network at: https://etherscan.io/address/0xf8e386eda857484f5a12e4b5daa9984e06e73705#code
