Decrypt and Rug Radio’s newly launched MYRIAD digital media ecosystem is kicking issues off in type with its first Group Contest, in partnership with NFT assortment Pudgy Penguins.Prizes within the contest embody two Lil’ Pudgys NFTs awarded in a raffle, together with 50 Faces of Web3 NFTs for the highest merchants and prime predictors on the MYRIAD platform.
“We’re thrilled to be teaming up with the long-lasting Pudgy Penguins assortment for our inaugural MYRIAD Group Contest,” mentioned Ilan Hazan, Co-Founder and COO at Decrypt and Rug Radio’s father or mother firm DASTAN. “Pudgy Penguins was Decrypt’s 2023 NFT Mission of the Yr, bucking the downward pattern by constructing by the bear market and bringing their cuddly characters to the mainstream by bodily product launches and video video games.”
NFT assortment Pudgy Penguins has expanded past digital property, with over $10 million in bodily toy gross sales by main retailers together with Walmart, Goal, and Walgreens. The gathering is ready to launch its first online game, Pudgy Get together, on iOS and Android in 2025, and lately introduced the launch of its PENGU token on the Solana blockchain.
Easy methods to enter
In MYRIAD’s Group Contests, customers of the MYRIAD app and extension can participate in actions within the Decrypt and Rug Radio digital media ecosystems to earn in-platform factors, which might be wager on MYRIAD prediction markets and traded inside the ecosystem (be aware: factors don’t have any real-world financial worth).
Every level earned in the course of the Group Contest corresponds to a Lil’ Pudgy NFT Raffle ticket, with factors earned counted in response to the Prime Merchants leaderboard. A Raffle can be run for every of the 2 Lil’ Pudgy NFT, with the winner of the primary faraway from subsequent Raffles.
The highest merchants competitors will see 25 Faces of Web3 NFTs awarded to the highest 25 merchants on the MYRIAD leaderboard, with the tie breaker set because the variety of right predictions. An extra 25 Faces of Web3 NFTs can be awarded to the 25 customers with the very best variety of right predictions on MYRIAD, with the tie breaker set as their factors earnings. If somebody scores a double win throughout the Prime Merchants and Prime Predictors classes, they’ll obtain one Faces of Web3 NFT from the Prime Merchants leaderboard, with their Prime Predictors spot passing to the following eligible participant.
Pudgy Penguins and Lil’ Pudgys holders may also declare bonus factors in MYRIAD Quests, with Pudgy Penguins NFT holders qualifying for two,000 factors per Pudgy Penguin, as much as a most of 10,000 factors, and Lil’ Pudgys holders eligible for 200 factors per NFT, as much as a most of 1,000 factors.
The competition will run from December 7, 2024. Be a part of the Pudgy Penguins at myriad.markets and predict the longer term!
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