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| OKX Football Festival kicks off with prize money of up to $1 million USD |
OKX, the second most traded cryptocurrency exchange, today announced the launch of the OKX Football Festival in preparation for the highly anticipated World Cup in Qatar this month. The festival features token football cups, trade contests, and contract coin displays for fans.
The OKX Football Festival kicks off with the Soccer Non-Fungible Token Cup with prizes up to $1 million.
From November 8, fans can spend up to three non-fungible tokens based on their favorite national team. Non-redeemable token holders will participate in an instant bonus of 20,000 USDT tokens each time they advance to the group stage, and the prize pool for each eliminated team will be transferred to the eliminated team.
OKX will add $10 to the prize pool for each non-fungible token, and holders of those tokens for the winning team will split the final prize pool evenly at the end of the contest.
Fans will also have a chance to test their crypto trading skills against each other in the Football Cup 2022 trading contest. The competition features a minimum of 10 traders per team, with new users getting a chance to win up to $2 million USD in rewards - can get Get dollars based on rewards and prizes. Contests and referral bonuses are also available.
Haider Rafeeq, Head of Marketing at OKX said: “OKX aims to help people find new and innovative ways to enjoy the things they love. As we look forward to raising the national team flag in the competition this year, I hope this set of digital experiences will help give the crypto world a go. And the football community is an opportunity to meet and introduce the newcomers to Web 3.0 and crypto. I think it is an exceptional festival investing in the existing Web 3.0 wallet and non-fungible token market platform. It will only be the beginning of the tremendous opportunity we present to our users.”
Starting November 11, the festival will also see a series of token performances for fans in Manchester $CITY, Portugal $POR, Argentina $ARG, Flamingo $MENGO and Chile $CHZ. The APY of the token will increase by 300% and 200% in $CITY, $POR, $ARG, and $MENGO. $CITY is the official fan token for Manchester City Football Club and OKX is the official crypto exchange partner.
In particular, starting from mid-November, the platform offers users the opportunity to win valuable prizes in the form of mysterious chests, modeled on the long-awaited Winter Tournaments. This referral program provides an opportunity to earn up to $10,000 in cryptocurrency or debit card with transaction fees. November Mystery Fund holders have the chance to win $CHZ, $ARG, $CITY and $POR as well as valuable prizes.