OKX Football Festival launched with prizes up to $1 million

OKX Football Festival launched with prizes up to $1 million

 


OKX, the second largest cryptocurrency exchange by volume, today announced the launch of the OKX Football Festival in preparation for the highly anticipated World Cup in Qatar this month. The festival features the Football Tokens Cup, a trading contest, and contract deals for fan coins.


The OKX Football Festival kicks off with the Football Irreplaceable Tokens Cup, with prizes amounting to $1 million.


Starting on November 8, fans will be able to issue up to three teams of non-fungible tokens in line with their favorite national teams. Holders of non-fungible tokens will share instant rewards of 20,000 USDT tokens each time their team advances through the group stages, with the prize pools for each disqualified team being passed on to the eliminated team.


OKX will add $10 to the prize pool for each non-fungible token, with the holders of those tokens for the winning team sharing the final prize pool equally at the conclusion of the tournament.


Fans will also have the opportunity to test their crypto trading skills against each other in the 2022 Football Cup Trading Contest. The competition will see teams of at least 10 traders each, with a chance to win prizes of up to $2 million, bonuses for new users, and prizes Test-based and referral bonuses are also available.


Haider Rafeeq, Head of Marketing at OKX, said: “OKX is here to help people find new and innovative ways to enjoy what they love. As we seek to raise the flags of the participating national teams this year, I hope that the series of digital experiences will contribute to giving the world of cryptocurrency and football communities the opportunity to come together, and introduce newcomers to the tremendous opportunities offered by Web 3.0 and crypto technologies. OKX continues to invest in its existing Web 3.0 portfolio and non-fungible token market platforms, and I am confident that this outstanding festival will be just the beginning of the vast opportunities we offer to users.”


Starting November 11, a series of fan token deals will also be launched in Manchester City $CITY, Portugal $POR, Argentina $ARG, Flamingo $MENGO and Chile $CHZ as part of the festival. And the potential APYs for the observed tokens will rise by up to 300% for $CITY and 200% for $POR, $ARG and $MENGO. $CITY is the official fan token of Manchester City Football Club, of which OKX is the official crypto exchange partner.


It is worth noting that starting from mid-November, the platform will give users the opportunity to win valuable prizes in the form of Mystery Chests, designed in the style of the highly anticipated Winter Championship. This referral program offers a chance to win up to $10,000 in cryptocurrency or trading fee debit cards. November Mystery Chest holders will have the chance to win $CHZ, $ARG, $CITY and $POR as well as valuable rewards.

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