There are some exciting crypto competitions taking place in the world of cryptocurrency right now. These competitions are often an exciting backdoor into buying crypto and are always enticing propositions for investors. Right now, there are some exciting crypto competitions taking place and we’ll take a closer look at three of them hosted by the meme coin DogeMiyagi (MIYAGI), the crypto exchange Crypto.com and CoinMarketCap.
DogeMiyagi Widening Its Reach On Twitter With Its Crypto Competition
DogeMiyagi is the latest meme coin to have caught the attention in recent weeks. It’s currently in the process of a presale with real aspirations of being a prominent cryptocurrency when it eventually goes live. Inspired by the iconic Karate Kid films, it’s currently hosting a crypto competition, shared on its Twitter pages, to widen its reach.
The rules of DogeMiyagi’s crypto competition are straightforward: whoever spends the most on MIYAGI tokens between the 24th and 30th of May will receive double their amount of tokens in that period. It represents an interesting proposition for investors. They will undoubtedly be racing with others to see who can buy the most in MIYAGI tokens, and for the winner, the rewards will be an incredible return.
Crypto.com Offering Competition With SHIB
Singapore-based cryptocurrency exchange Crypto.com has introduced a fresh trading competition that incorporates Shiba Inu’s SHIB. Participants in this contest are required to engage in a spot trade of no less than $100 for SHIB, GEL, or SAND, giving them the opportunity to win up to $1,000.
As per the official announcement, there is a chance for the top 20 traders to secure a maximum reward of $1,000. It is worth mentioning that Crypto.com recently initiated another trading competition for the governance token of Shiba Inu, known as ShibaSwap (BONE). Winners of this event can participate in a total rewards pool of $5,000. In a similar manner, the top 20 spot traders of BONE have the chance to win up to $1,000. At the time of writing, SHIB experienced a 5.14% decline within the last 24 hours, reaching a value of $0.00001093. BONE also witnessed a decline of 6.76%, settling at $1.
CoinMarketCap Is Introducing a Novel Crypto Competition
CoinMarketCap, a crypto price tracking website, is entering reality television by introducing a competition show named “Killer Whales,” seemingly inspired by the TV series “Shark Tank.”
In collaboration with Web3 entertainment company Hello Labs, this new program offers entrepreneurs the opportunity to present their projects to the panel of “Killer Whale” judges, consisting of entrepreneurs, influencers, and founders of Web3 companies. Hello Labs was established by Paul Caslin, who is known for producing the MTV VMA Awards.
Jonathan Isaac, the chief marketing officer at CoinMarketCap, stated, “Killer Whales is an enjoyable and thrilling way to bring the entrepreneurial spirit of the Web3 space to households around the world,” in a press release.
Starting from the 2nd of May, interested individuals can submit their applications to Hello.one and CoinMarketCap. Selected candidates will undergo multiple rounds of interviews in Hollywood. The show’s filming is scheduled to commence in June, and it will be made available on major streaming platforms as well as Hello Labs’ on-demand Hello TV service.
CEO of Hello Labs, Sander Gortjes, stated, “Our aim is to engage and educate the next billion users about Web3 by providing them with entertainment on various aspects of cryptocurrency,” emphasising the intention to facilitate broader adoption.
In recent months, a number of television shows related to Web3 have emerged, showcasing the diverse applications of blockchain technology and the growing interest in cryptocurrencies among mass media consumers. Co-creator of “Rick and Morty,”
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