[PRESS RELEASE – London, UK, 12th October 2022]
MetaFi platform Choise.com has launched a new Price Prediction Challenge for its CHO token with a total prize fund of $1,500,000. The goal of the challenge is to correctly guess what the price of CHO is going to be on March 24, 2024. The prize for taking first place will be $1,000,000. The remaining $500,000 will be distributed between the other winners.
Choise.com is an ecosystem that combines all the advantages of centralised (CeFi) and decentralised (DeFi) financial services into a simple-to-use, reliable one-stop shop. The platform is designed for everyone, from crypto novices to experts, and allows users to take advantage of farming, decentralised exchanges, liquidity pools, interest accounts, and other features to earn on their digital assets with just a tap of a button.
The new Price Prediction Challenge is one of the many earning options that Choise.com offers to its users. It is the first challenge of its kind, as the $1M it offers is quite possibly the largest grand prize ever set up in such a competition in the history of the crypto market.
To participate in the challenge, users will need to make a Twitter post about what they think the price of the CHO token will be on March 24, 2024, and write out the reason why they think it will be so. Additionally, the user will have to include the hashtag #CHOprediction, tag @ChoiseCom, and attach a link to the Choise.com/million4cho website.
Up to 1000 winners can receive prizes for winning the challenge. The top prize is $1,000,000, while the remaining $500,000 will be divided among the other 999 participants, depending on how close their predictions are to the real CHO market price.
To increase the chances of winning, users can also complete tasks that Choise.com offers in Gleam in exchange for special points. If the price prediction turns out to be correct for several users at once, then the winner is selected between them by the number of points they scored. The details for the tasks are explained on the challenge website page.
“There have been plenty of crypto projects before that offered rewards to users for completing tasks. But what sets our Challenge apart is that we are the first to offer a prize pool as large as $1.5 million in a competition. At Choise.com we encourage people who seek new ways to earn, and the current CHO price prediction challenge is one such earning avenue. So keeping in line with our core mission we chose to offer our users a chance to compete for fairly large sums”, – states Anastasia Kor, Chief Marketing Officer at Choise.com.
The competition will be concluded on January 1, 2024. Following its completion, the CHO market price will become available at 00:00 GMT on March 24, 2024, on the Gate.io one-minute graph. Choise.com will also post the final price of the CHO token on its website. Additionally, a feedback form will be provided for participants who guessed the price. Participants will need to use said form to send their contact details, a link to their tweet with the correct prediction, as well as their user nickname in Gleam.
Once the final list of winners is compiled, Choise.com will publish it on the company’s social networks on June 1, 2024.