The OKX Football Festival will embrace an NFT recreation, a buying and selling competitors and particular staking offers by way of OKX’s Earn platform.
VICTORIA, Seychelles, Nov. 08, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second-largest crypto change by buying and selling quantity, right this moment launched the OKX Football Festival in anticipation of nationwide soccer groups assembly this month in Qatar. The OKX Football Festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick
fan token staking sequence.
Kicking off the OKX Football Festival is the NFT Football Cup1, which offers a total of $1M in spot rewards. From November 8, followers will be capable of mint as much as three free NFTs2 similar to their favourite nationwide groups. NFT holders will cut up spot rewards of 20,000 USDT every time their crew advances by way of the group levels, with the prize swimming pools for every eradicated crew being transferred to the crew that knocks them out. OKX will add 10 USDT to the prize pool for every NFT minted.3 Users might be allowed to take part within the occasion with any ETH pockets.
Find out extra in regards to the OKX NFT Football Cup right here.
From mid November, followers can even be provided the possibility to pit their crypto buying and selling abilities in opposition to each other within the 2022 OKX Football Cup Trading Competition. This contest will see groups of not less than 10 merchants compete for a total prize pool price as much as $2M. New person rewards, quiz-based prizes, and referral rewards can even be up for grabs.4
Haider Rafique, Chief Marketing Officer, OKX, stated: “OKX is here to help people find new and innovative ways to celebrate their passions. As we raise our flags in support of our national teams this year, I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them. OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms, and I can confidently say that this exciting festival is only the beginning of the new opportunities we’ll be offering.”
Launching on November 11, the Earn Super Hatrick occasion will see a sequence of staking offers for the fan tokens of Manchester City ($CITY), Portugal ($POR), Argentina ($ARG), Flamengo ($MENGO) and the Chiliz ($CHZ) token provided. Potential APYs for the staked tokens will rise as excessive as 300% for $CITY and 200% for $POR, $ARG and $MENGO.5 $CITY is the official fan token of the Manchester City Football Club, for which OKX is the official cryptocurrency change accomplice.
From mid-November, OKX can even offer the possibility to win particular Mystery Boxes which can be themed for this winter’s massive match. Mystery Box holders might be provided the possibility to win $CHZ, $ARG, $CITY and $POR tokens along with the reward tokens already on supply.6
For additional data, please contact:
[email protected]
Disclaimer:
By taking part, you agree that OKX’s Web3 Ecosystem Terms of Service and OKX Terms and Conditions apply in full. Void the place prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York usually are not eligible to take part.
Trading competitors phrases and situations:
OKX reserves the correct to disqualify a person in the event that they interact in inappropriate, fraudulent, or abusive actions through the competitors (e.g., wash buying and selling, quantity faking, taking part utilizing a number of accounts, market manipulation, and so on.).
If our threat management system detected comparable buying and selling methods, solely the participant with the best P&L (%) or revenue might be permitted to proceed within the competitors.
If our threat management system detected matched buying and selling actions, all related customers might be disqualified from the competitors. Users who cancel greater than 10 orders per minute could also be disqualified through the competitors.
If a crew chief from a high 10 crew is disqualified, their share of the reward might be divided by the crew’s high 10 certified members with a buying and selling quantity equal or larger than 10,000 USDT.
OKX reserves the correct of ultimate interpretation of the Terms & Conditions. If you have got any questions, please get in contact with our customer support.
About OKX
OKX is the second largest international crypto change by buying and selling quantity and a number one web3 ecosystem. Trusted by greater than 20 million international prospects, OKX is understood for being the quickest and most dependable crypto buying and selling app for buyers and skilled merchants in every single place.
As a high accomplice of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX goals to supercharge the fan expertise with new monetary and engagement alternatives. OKX can be the highest accomplice of the Tribeca Festival as a part of an initiative to convey extra creators into web3.
Beyond OKX’s change, the OKX Wallet is the platform’s newest providing for folks seeking to discover the world of NFTs and the metaverse whereas buying and selling GameFi and DeFi tokens.
To be taught extra about OKX, obtain our app or go to: okx.com
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1 The OKX Web3 Ecosystem Terms of Service and the OKX Terms of Service apply. Void the place prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York usually are not eligible to take part.
2 Users might be required to stake 10 USDT per NFT, with their funds being returned in full after the match’s completion.
3 Fans may also burn their NFTs at any time after minting ends with a view to declare their share of their crew’s prize pool.
4 The OKX Terms of Service apply. Trading Competition Terms and Conditions additionally apply.
5 The OKX Terms of Service apply.
6 The OKX Terms of Service apply.
A photograph accompanying this announcement is offered at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a206810c-29cd-47c6-bdc8-5da04b69e2e9
