REAL Competition Goes Live for $ASSET Holders
Real Finance is excited to announce the REAL Competition, which rewards the $ASSET community based on participation in the ecosystem. This rewards system will be points-based. Unique to this competition, prizes are based on leaderboard placements, as well as a combination of fixed prizes and prizes awarded through a drawing. The goal is to create a competition that is both engaging and rewarding for the community.
This active campaign is set to run for a few months, allowing ample time for participants to earn points and rank higher on the leaderboard. Participants may also be rewarded for being active participants in the points system.
Participants of the REAL Competition earn points based on three core activities in the $ASSET ecosystem: trading, staking, and holding $ASSET. Each of these on-chain activities counts as a participant’s score and earns points that help gain rank on the leaderboard.
Competition of the crypto community is usually highly focused on the volume of trades being made. The unique nature of the REAL Competition means both the active trader and the passive community member will gain from participation.
When points are earned, the participant will be at a higher level of the competition’s 13-level reward ladder. Higher levels also earn the participant more multipliers that affect the score permanently.
Multipliers increase how valuable participants’ points become, so participants earn points faster as they go further along in the campaign.
This framework provides an incentive for long-term participation and not just short ‘spurts’ of engagement. Participants can earn points further and faster the more they choose to stay involved, since the multipliers can be unlocked and are time-sensitive.
CEO Highlights Community-Focused Goals
Invo Georgiev, the CEO of Real Finance, said that the competition’s purpose is to celebrate and reward the members of the community who have positioned the $ASSET ecosystem to become more valuable and richer. The campaign demonstrates that the company cares about building engagement that constitutes good business and is profitable for participants.
Real Finance also cares for the longevity of participation, not just the duration of the campaign. They hope to reward all scopes of activity to the ecosystem to strengthen loyalty and give it the impetus to grow.
Numerous Opportunities to Earn Prizes
There are three distinct prize categories in the REAL Competition. The first feature prizes that are earned by the top players in the competitions and are to be divided amongst them. They can share a prize of $20,000 that is given in USDC.
This prize category constitutes a broader prize scope because participants earned prizes relative to their contributions in the actions of the campaign. Hence, more people can benefit from this campaign.
Lastly, there is a prize raffle of $3,400 that is open to all competition participants who do not have a top position in the leaderboard.
This added incentive provides a way for community members to earn rewards without having to be among the highest-ranking members.
Wallet Connection = Simplified Participation
To enter the competition, community members must connect their wallets through the official Real Finance platform and begin engaging in qualifying activities with $ASSET. Everything will be tracked on-chain, so community members will be able to see their ranking, points, and status of their multiplier through their personal dashboards at any time throughout the campaign.
