FIFA World Cup Qatar 2022: Crypto Exchange BIT Launches $1 Million Prize Pool For World Cup Tournament
BIT launches a prize pool of $1 million to be distributed among eligible participants of the campaign. Read on for more details.
One topic that continues to pique the curiosity of crypto aficionados is sports. Not only that but the companies involved in the crypto industry have also increased their visibility in sports in recent years. This was a key strategy used to attract more investment from the sports fan base.
This year, the cryptocurrency exchange BIT has revealed its industrial objectives with the start of the FIFA World Cup Qatar 2022. A massive $1 million prize pool is offered by BIT as the campaign's first prize, and it will be divided up among qualified participants.
The Qatar 2022 World Cup is the most interesting sporting event among soccer fans. It began on November 20 and will continue till December 18. BIT aims to take advantage of this chance to expand awareness of the cryptocurrency industry. According to Lan Yue, COO and co-founder of BIT, the most effective strategy to get people interested in cryptocurrency is to use soccer, the most well-liked sport in the world.
The competition's structure was also revealed by BIT along with the prize pool's launch.
This is how it goes:
The crypto exchange requires interested parties to sign up and trade. They can take advantage of this to obtain Rad-Bit and qualify for the master event. Users will make predictions about the potential winners of the 2022 FIFA World Cup in Qatar. By correctly predicting more World Cup-winning teams, the player will receive more Rad-Bits.
BIT credits are referred to as Rad-Bit. By signing up, trading, depositing and purchasing coins on the exchange's website, BIT users can earn Rad-Bits. Participants might then trade their points for a variety of cryptocurrency tokens and rewards. By taking part in the World Cup Wizard campaign between November 20 and December 19, BIT users can win Rad-Bit. This enables them to take a home share of the $1 million in total reward money. To learn more about the World Cup prize pool, interested competitors should go to BIT's official website (https://www.bit.com/worldcup) and social media outlets.
How BIT's Campaign Will Combine Cryptocurrency And Football?
According to Lan Yue, crypto has a wide range of applications and is becoming more and more accessible. The CEO is passionate about BIT's mission to provide its users with the finest experience possible through professional and simple crypto trading. The COO also notes that the World Cup is a well-known event that delights and excites lots of people around the globe. This prompted the conversation to take centre stage during the event.
Lan further continued to reflect on how difficult it is to pinpoint customers’ sources of joy and satisfaction in light of the difficulties facing the cryptocurrency sector. A win-win situation for BIT is finding ways for users and football fans to take in the excitement of the world cup while experiencing the potential of cryptocurrency.