BNB Chain Announces $250K 'Train Like a Champion' Challenge

Jessie A Ellis  Jul 17, 2024 22:59  UTC 14:59

0 Min Read

BNB Chain has unveiled the 'Train Like a Champion' challenge, an initiative designed to celebrate the 2024 Summer Olympics. Participants in this event will have the opportunity to compete for a share of a $250,000+ prize pool by engaging in various activities across several verticals, including DeFi, NFTs, GameFi, and AI, according to the BNB Chain Blog.

Challenge Period

The challenge will run from July 24, 2024, 00:00 UTC, to August 14, 2024, 23:59 UTC. Participants must complete tasks to earn points during this period.

How to Participate

  • Step 1: Connect Your Wallet: Start by connecting your wallet on Dappbay.
  • Step 2: Mint Your NFT: Create an Olympic-themed AI NFT using Limewire, ChainGPT, and NFTPrompt.
  • Step 3: Complete Tasks to Earn XP: Engage in Loyalty, Champion, and DeFi Challenges to earn experience points (XP) and enhance your AI NFT.
  • Step 4: Claim Rewards: Top performers will share the $250,000+ prize pool.

Reward Distribution

Rewards will be distributed in two categories: leaderboard rewards and lucky draw rewards. The top 5000 positions on the leaderboard will share the $250,000+ prize pool. Additionally, participants with at least 500 XP will be eligible for a $10,000 raffle, which includes 100 lucky draw prizes.

Participants can only receive one type of reward. If a participant qualifies for both the leaderboard and the raffle, they will be prioritized for the leaderboard reward. In case of ties, the earliest completion of the final task or earliest minting of the AI NFT will determine the rankings.

Special Collaborations

The 'Train Like a Champion' challenge is developed in partnership with various ecosystem collaborators, including Avalon Finance, EthosX, Floki, Footballcraft, Friend3, Grindery.io, KiloEx, Miracle Play, Pell Network, PlayBux, Reveel, Rivo, Solv Protocol, World of Dypians, ChainGPT, Limewire, and NFPrompt.

Mark your calendars for July 24, 2024, and don't miss the chance to participate in this exciting event. Engage with the BNB Chain ecosystem while celebrating the spirit of the Olympics.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and BNB Chain is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and understand the risks. Consult an independent financial adviser before making any investment decisions. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.



Read More