Free TON

Traders Contest Proposal

Short Description

The essence of the competition is to attract traders to the Free TON project.

The contest will consist of a trader contest Kuna exchange. The traders’ contest will be held only for TON/USDT pairs.

Type

Contest

Motivation

Hundreds of traders will be attracted to Free TON, which will raise awareness of the Free TON blockchain, which will attract new, intelligent, well-versed cryptocurrency users and investors to the community. In addition, the correct activation of trading on the exchange will raise and stabilize the price of TON Crystal, thereby improving the state of the entire ecosystem.

Contest duration

Jan 18, 2021 - Feb 18, 2021, 23:59 UTC/GMT

Tasks

Contestants will perform the following tasks:

  • Trading on Kuna exchange in the TON/USDT pair, when the winner will be determined by the number of transactions made and the profit received. The size of the deposit and the quality of trading will be taken into account as an additional bonus.
    Deposit can be made in any cryptocurrency or fiat, but everything will be calculated in the equivalent of usdt, the deposit at the entrance and at the end of the contest will be recalculated to usdt.

All participants will need:

  • Subscribe to Free TON.Community Telegram chat;
  • Subscribe to Free TON Influencers Telegram chat;
  • Create a TON Surf wallet (a reward will be sent to this address).
  • Confirm your participation by writing a post in the Trader Contest topic and providing your telegram nickname.

Requirements:

All participants in the submissions must indicate the e-mail to which the Kuna account is registered, the TON Surf address (NOT THE EXCHANGE ADDRESS), Telegram ID, attach a screen of transactions, where at the end after the transactions 3 digits will be visible - the amount from which the participant entered, the amount as a result, the number of transactions.

If at least one data is not specified, your application will be rejected.

Voting:

  • Each of the Influencers Subgovernance jurors can vote on submissions. Jurors whose team(s) intend to participate in this contest by providing submissions lose their right to vote in this contest.
  • Each juror will vote by rating each submission on a scale of 1 to 10 or can choose to reject it if it does not meet requirements, or they can choose to abstain from voting if they feel unqualified to judge.
  • When evaluating submissions, the jury must take into account the following factors: the more transactions were concluded, the greater the profit and the larger the size of the deposit, the higher score the submission should receive and the higher the prize place.
  • Jury members will provide disclosed feedback on your proposals.
  • Duplicate, sub par, incomplete or inappropriate submissions will be rejected.
  • Submissions that do not contain required data (e-mail to which the Kuna account is registered, the TON Surf address (NOT THE EXCHANGE ADDRESS), Telegram ID, attach a screen of transactions, where at the end after the transactions 3 digits will be visible - the amount from which the participant entered, the amount as a result, the number of transactions) will also be rejected.

Reward

The total number of participants is not limited.

Traders’ contest rewards distribution:

1st prize…………………………………………… 2,500 Tons

2nd prize……………………………………………1,500 Tons

3rd prize…………………………………………… 1000 Tons

4th prize…………………………………………… 700 Tons

5th prize…………………………………………… 500 Tons

6th prize…………………………………………… 350 Tons

7th prize…………………………………………… 300 Tons

Runners up from 8th to 14th place ………………200 Tons

Competition management and promotion - 1000 Tons

Note: If the number of winning submissions is less than the number of rewards available, any remaining rewards are not subject to distribution and are considered void.

Jury rewards

An amount equal to 70% of the sum total of all total tokens actually awarded will be distributed equally between all jurors who vote and provide feedback. Both voting and feedback are mandatory in order to collect the reward.

Procedural remarks:

● Participants must upload their work correctly so it can be viewed and accessible in the formats described. If work is inaccessible or does not fit the criteria described, the submission may be rejected by jurors.

● Participants must submit their work before the closing of the filing of applications. If not submitted on time, the submission will not count.

Disclaimer:

Anyone can participate, but Free TON cannot distribute Tons to US citizens or US entities.

16 Likes

It’s a good trade contest, I like it.
So anyone can take part in it, even members of sub-govs?

4 Likes

Can make a condition: TON / USDT trades for buy only? This will definitely be aimed at strengthening TON Crystal

4 Likes

A good offer, for this we have made another holder contest

6 Likes

To The Moon! :slightly_smiling_face:

4 Likes

I’m not sure if this is a good condition. I think trade should be carried out in both directions. This is the only way traders will have enough motivation to participate in this contest.

5 Likes

Good idea! KUNA is good choice.

5 Likes

Yes, absolutely right, trading should be tuned for the long term and therefore it is important to be able to hold your position for a long time

3 Likes

Yes, today it is the best choice of all exchanges where TON Crystal is traded

5 Likes

It may be just one of the conditions of the contest. For example: profits from long positions must exceed profits from short positions

4 Likes

Topics of the traders’ contest on the leading forums:

https://www.altcoinstalks.com/index.php?topic=177832.msg1025500#msg1025500

https://bitcoingarden.org/forum/index.php?topic=97047.msg533240#msg533240

3 Likes

This is a spot market, not a derivatives, and you cannot profit from short positions. Profits can only be taken from long positions.
But your proposal may be interesting for future contests.

6 Likes

I think I agree with you on that

5 Likes

What a great idea! :sunglasses: :+1: It is very important to increase liquidity on the exchange.

3 Likes

good project. everything is well written

3 Likes

I think it’s a good contest for strong traders !)

1 Like

Is this an active contest ?

The contest hasn’t started yet. The contest is scheduled to start on January 18

Thank you. I think it would be a popular one. :+1:

1 Like

70%? For what? The jurors appetites just have no limits. What will be next request? 1000%?