Decrypt and Rug Radio’s newly launched MYRIAD digital media ecosystem is kicking issues off in type with its first Neighborhood 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 enduring Pudgy Penguins assortment for our inaugural MYRIAD Neighborhood Contest,” mentioned Ilan Hazan, Co-Founder and COO at Decrypt and Rug Radio’s mum or dad firm DASTAN. “Pudgy Penguins was Decrypt’s 2023 NFT Challenge of the 12 months, bucking the downward pattern by constructing by way of the bear market and bringing their cuddly characters to the mainstream by way of 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 way of main retailers together with Walmart, Goal, and Walgreens. The gathering is ready to launch its first online game, Pudgy Social gathering, on iOS and Android in 2025, and just lately introduced the launch of its PENGU token on the Solana blockchain.
Tips on how to enter
In MYRIAD’s Neighborhood 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 will be guess on MYRIAD prediction markets and traded throughout the ecosystem (word: factors don’t have any real-world financial worth).
Every level earned throughout the Neighborhood Contest corresponds to a Lil’ Pudgy NFT Raffle ticket, with factors earned counted in accordance with the High Merchants leaderboard. A Raffle might 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 appropriate predictions. An additional 25 Faces of Web3 NFTs might be awarded to the 25 customers with the best variety of appropriate predictions on MYRIAD, with the tie breaker set as their factors earnings. If somebody scores a double win throughout the High Merchants and High Predictors classes, they may obtain one Faces of Web3 NFT from the High Merchants leaderboard, with their High Predictors spot passing to the subsequent eligible participant.
Pudgy Penguins and Lil’ Pudgys holders may 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 part of the Pudgy Penguins at myriad.markets and predict the long run!
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