Derivatives change Bitget introduced the launch of King’s Cup International Invitational (KCGI). In keeping with the announcement, the competition has arrange a prize pool of 100 BTC and 500 million BGB in addition to different custom-made prizes. The registration will open from 20 October to four November (UTC+8), and the competitors will begin from 10:00 am on 30 October to 10:00 am on 20 November (UTC+8).
It’s reported to be an annual occasion for international elite merchants held underneath the precept of unity, equity and aggressive spirit. “This contest goals to offer a stage taking part in subject for commerce lovers. The competitors guidelines are very user-friendly. All merchants are welcome to take part on this recreation,” says Sandra, Bitget’s CEO.
Complete Prize Pool: 100 BTC
The competitors consists of Workforce Battle and Particular person Competitors, every with a prize pool of 50 BTC, including as much as a complete of 100 BTC.
The prize of Workforce Battle or Territory Battle will rely on the variety of groups.1-100 groups will unlock 10 BTC. 101-300 groups will unlock 20 BTC, 301-500 groups will unlock 30 BTC. 500+ groups will unlock 50 BTC. A captain can type a workforce to affix the battle if there are greater than 30 workforce members. Throughout the registration interval, eligible customers can decide their favourite captain to win rewards by way of futures buying and selling.
The whole prize pool will likely be divided among the many ten groups with the very best income. Inside every workforce, the captain can obtain 10% of the workforce’s whole prize. The remaining prize will likely be distributed amongst different gamers in keeping with the proportion of their income. The first place will obtain 30%, 2nd place will obtain 20%, the third place will obtain 10%, and the 4th-10th locations will share the remaining 30% in keeping with the proportion of their income. Amongst them, the highest 7 workforce captains when it comes to income may also get custom-made NFT. For groups ranked Top3 by buying and selling income, the top3 revenue contributors within the workforce can every obtain a PS5 recreation console.
Particular person Competitors is split into Tremendous Leaders (rating by PNL%) and Tremendous Heroes( rating by income) periods. The whole prize pool is 50 BTC every, which will likely be launched in keeping with the variety of contributors. 10,000 contributors will unlock 5 BTC, 10,000-20,000 contributors will unlock 10 BTC, 20,000-30,000 contributors will unlock 20 BTC, 30,000+ contributors will unlock 50 BTC.
The whole prize pool will likely be shared by the highest 10 groups/contributors with the very best PNL% and income respectively. In every session, the highest 1 can share 40%, the second place will share 20%, the third place will share 10%, and the 4th-10th locations will share the remaining 30% in keeping with their proportion of buying and selling quantity or income. Top3 merchants may also obtain DJI drones or HHKB keyboards, and so on. It’s value noting that customers taking part within the Workforce Battle are additionally certified to affix the Particular person Competitors and share the prize.
Particular Advantages: 5 million BGB
To draw extra common and new customers, there are additionally extra occasions similar to Metropolis Meeting, Lords Meeting, Airdrop for All, Fortunate Lottery, Put up-Competitors Bonus and Early Chicken Advantages, providing a complete of 5 million BGB. All contributors have the prospect to win cool digital gadgets and NFTs that includes the competitors.
Metropolis Meeting: For the division with probably the most profitable seats in Territory Battle, all of the contributors inside the division will obtain an airdrop of 50BGB on a first-come, first-served foundation. The whole provide of the airdrop is 500,000 BGB. Lords Meeting: Lords (Captains) of the workforce will unlock the BGB rewards pool if they will get hold of energetic customers. The Top1 workforce’s rewards pool will likely be doubled. Inside every division, the Prime10 captains when it comes to acquiring new customers will get an unique advantages package deal from Bitget to be “signed” because the co-ambassador for the subsequent buying and selling contest.
Individuals whose whole buying and selling quantity reaches 50,000 USDT throughout the competitors will obtain an airdrop of 99 BGB by following our official Twitter and becoming a member of our Telegram. The whole provide of the airdrop is 1 million BGB. Customers can earn factors by finishing duties. For each three factors gathered, contributors will likely be certified for the “Fortunate Lottery” to attract from meebits NFT, HTC-VIVE VR glasses, DJI drones, PS5 recreation consoles and HHKB keyboards.
On the finish of the competitors, contributors who’ve a web deposit of 2000 USDT and a cumulative buying and selling quantity of at least 500,000 USDT throughout the contest will obtain 1 likelihood to attract an unique NFT custom-made for Bitget’s first buying and selling competitors. As well as, Bitget has ready Early Chicken Advantages. Captains who enroll and full their workforce formation 5 days earlier than the competitors will obtain 50 USDT trial funds for futures previous to the competition, Whereas People who enroll 5 days earlier than the competitors will obtain 20 USDT.
Theme for KCGI-2021: Battle Pixel Intrusion
The theme for KCGI 2021 is “Defend the Earth in opposition to Pixel Invasion”. It tells a narrative of how the quantum civilization six light-years away plans to assault the Earth with its superior weapon that may quickly rework entities into pixels. Seven younger folks from completely different nations type the strongest battle workforce, every mastering one of many seven completely different elemental abilities: silicon, gold, earth, wind, water, hearth, and thunder to defend the Earth.
Bitget used this as a backdrop to create a set of NFT artworks representing the completely different types of energies and objects within the story. The collections will likely be given as prizes to the Captains and fortunate customers who carried out effectively within the Workforce Battle.
Bitget is among the many fastest-growing derivatives exchanges, with 1.6 million registered customers worldwide and a mean every day buying and selling quantity of $5.6 billion. With the mission of Higher Buying and selling, Higher Life, Bitget is dedicated to providing liberal, final and honest buying and selling companies, together with futures buying and selling, spot buying and selling and digital asset buying.
As a platform in pursuit of perfection and innovation, Bitget has pioneered to launch three flagship merchandise of USDT-Margined Futures, One-Click on Copy Commerce, and Quanto Swap Futures to offer one of the best companies to customers. It’s now the six-largest derivatives change and the most important crypto asset copy buying and selling platform on this planet.