Derivatives exchange Bitget revealed the launch of King’s Cup Global Invitational (KCGI). According to the statement, the contest has actually established a reward swimming pool of 100 BTC and 500 million BGB in addition to other customized rewards. The registration will open from 20 October to 4 November (UTC +8), and the competitors will begin with 10: 00 am on 30 October to 10: 00 am on 20 November (UTC +8).
It is reported to be a yearly occasion for international elite traders held under the concept of unity, fairness and competitive spirit. ” This contest intends to offer an equal opportunity for trade enthusiasts. The competitors guidelines are extremely easy to use. All traders are welcome to take part in this video game,” states Sandra, Bitget’s CEO.
Overall Reward Swimming Pool: 100 BTC
The competitors consists of Group Fight and Person Competitors, each with a reward swimming pool of 50 BTC, amounting to an overall of 100 BTC.
The reward of Group Fight or Area Fight will depend upon the variety of groups.1-100 groups will open 10 BTC. 101-300 groups will open 20 BTC, 301-500 groups will open 30 BTC. 500+ groups will open 50 BTC. A captain can form a group to sign up with the fight if there are more than 30 staff member. Throughout the registration duration, qualified users can choose their preferred captain to win benefits through futures trading.
The overall reward swimming pool will be divided amongst the 10 groups with the greatest earnings. Within each group, the captain can get 10% of the group’s overall reward. The staying reward will be dispersed to name a few gamers according to the percentage of their earnings. The first location will get 30%, second location will get 20%, the 3rd location will get 10%, and the fourth-10 th locations will share the staying 30% according to the percentage of their earnings. Amongst them, the leading 7 group captains in regards to profits can likewise get tailored NFT. For groups ranked Top3 by trading earnings, the top3 revenue factors in the group can each get a PS5 video game console.
Specific Competitors is divided into Super Leaders (ranking by PNL%) and Super Heroes( ranking by earnings) sessions. The overall reward swimming pool is 50 BTC each, which will be launched according to the variety of individuals. 10,000 individuals will open 5 BTC, 10,000-20,000 individuals will open 10 BTC, 20,000-30,000 individuals will open 20 BTC, 30,000+ individuals will open 50 BTC.
The overall reward swimming pool will be shared by the top 10 teams/participants with the greatest PNL% and earnings respectively. In each session, the leading 1 can share 40%, the 2nd location will share 20%, the 3rd location will share 10%, and the fourth-10 th locations will share the staying 30% according to their percentage of trading volume or earnings. Top3 traders can likewise get DJI drones or HHKB keyboards, and so on. It deserves keeping in mind that users taking part in the Group Fight are likewise certified to sign up with the Specific Competitors and share the reward.
Unique Advantages: 5 million BGB
To draw in more routine and brand-new users, there are likewise extra occasions such as City Assembly, Lords Assembly, Airdrop for All, Lucky Lottery Game, Post-Competition Benefit and Early Riser Advantages, using an overall of 5 million BGB. All individuals have the possibility to win cool electronic gadgets and NFTs including the competitors.
City Assembly: For the department with the most gaining seats in Area Fight, all the individuals within the department will get an airdrop of 50 BGB on a first-come, first-served basis. The overall supply of the airdrop is 500,000 BGB. Lords Assembly: Lords (Captains) of the group will open the BGB benefits swimming pool if they can acquire active users. The Top1 group’s benefits swimming pool will be doubled. Within each department, the Top10 captains in regards to getting brand-new users will get a special advantages plan from Bitget to be “signed” as the co-ambassador for the next trading contest.
Individuals whose overall trading volume reaches 50,000 USDT throughout the competitors will get an airdrop of 99 BGB by following our main Twitter and joining our Telegram. The overall supply of the airdrop is 1 million BGB. Users can make points by finishing jobs. For every single 3 points collected, individuals will be received the “Lucky Lotto” to draw from meebits NFT, HTC-VIVE VR glasses, DJI drones, PS5 video game consoles and HHKB keyboards.
At the end of the competitors, individuals who have a net deposit of 2000 USDT and a cumulative trading volume of no less than 500,000 USDT throughout the contest will get 1 possibility to draw a special NFT customized for Bitget’s very first trading competitors. In addition, Bitget has actually prepared Early riser Advantages. Captains who register and finish their group development 5 days prior to the competitors will get 50 USDT trial funds for futures prior to the contest, While People who register 5 days prior to the competitors will get 20 USDT.
Style for KCGI-2021: Combat Pixel Invasion
The style for KCGI 2021 is “Protect the Earth versus Pixel Intrusion”. It narrates of how the quantum civilization 6 light-years away prepares to assault the Earth with its sophisticated weapon that can quickly change entities into pixels. 7 youths from various nations form the greatest fight group, each mastering among the 7 various essential abilities: silicon, gold, earth, wind, water, fire, and thunder to safeguard the Earth.
Bitget utilized this as a background to develop a set of NFT art work representing the various kinds of energies and items in the story. The collections will be offered as rewards to the Captains and fortunate users who carried out well in the Group Fight.
Bitget is amongst the fastest-growing derivatives exchanges, with 1.6 million signed up users around the world and a typical everyday trading volume of $5.6 billion. With the objective of Better Trading, Better Life, Bitget is dedicated to using liberal, supreme and reasonable trading services, consisting of futures trading, area trading and digital possession acquiring.
As a platform in pursuit of excellence and development, Bitget has actually originated to introduce 3 flagship items of USDT-Margined Futures, One-Click Copy Trade, and Quanto Swap Futures to offer the very best services to users. It is now the six-largest derivatives exchange and the biggest crypto possession copy trading platform on the planet.
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