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Crypto Hunters Launches an Exciting New Competition

by SB Crypto Guru News
May 28, 2024
in Blockchain
Reading Time: 4 mins read
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Crypto Hunters is an innovative mixed-reality ecosystem that blends an adventure-reality TV show with an immersive AR/VR game.

Created by a 30+ people Hollywood team known for hits like Harry Potter, Lord of the Rings, and Survivor, Crypto Hunters aims to entertain, educate, and engage users globally. It also serves as a bridge from Web2 to Web3, making the transition seamless for users.

Crypto Hunters is partnered with industry leaders like Google, Amazon, Shopify, and Certik. The $CRH token is listed on major exchanges such as Gate.io, MEXC, and BitMart. Behind the project, there’s a strong community with 377K+ members on Telegram, 290K+ Twitter followers, and over 200K app downloads.

With the rising value of the $CRH token, Crypto Hunters is launching a new campaign aimed at engaging its community members with lucrative incentives.

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The campaign, titled “The Next Crypto Hunters Millionaires,” projects the $CRH token will reach $1, $2, and $3, rewarding participants at each milestone. Over 9 million $CRH tokens will be distributed upon reaching the aforementioned values, with prizes awarded at each stage.

Campaign Details

As the $CRH token hits $1, $2, and $3 in value, different prize stages will be activated, each featuring a 3 million token prize pool. The competition’s structure ensures a fair distribution of rewards among participants based on their engagement and contributions.

At each price milestone, the distribution of tokens will be as follows:

  • 1st place: 1M $CRH
  • 2nd place: 0.5M $CRH
  • 3rd place: 0.25M $CRH

Following the third place:

  • Next 25 participants: 10K $CRH each
  • Next 200 participants: 5K $CRH each

Participants can earn points through various activities such as holding $CRH tokens, staking them, engaging on social media, and referring friends. Points are initially equal to $CRH tokens, with additional multipliers for specific actions.

Holding $CRH tokens in wallets like Metamask, TrustWallet, or the Binance Web3 Wallet earns 1 point per token. Keeping tokens in the Crypto Hunters app wallet doubles the points with a 2x multiplier, while staking tokens offers a 3x multiplier. For example, if a user stakes 1000 tokens, their point balance increases to 3000 points.

To further engage the community, Crypto Hunters introduces social point accumulation through a Galxe campaign. Activities such as purchasing special NFTs, completing tasks, participating in beta testing, and active involvement in the Crypto Hunters NFT Marketplace can earn users additional social points.

Winner Selection & Prize Distribution

Upon reaching each $CRH price stage, a four-month countdown timer begins. The Crypto Hunters team will take periodic snapshots to assess point balances and rank users accordingly. If the token’s price falls below the target, the countdown pauses, ensuring the competition’s integrity.

The top 3 winners receive 5% of their prize immediately, followed by a one-month cliff period and an eight-month vesting schedule. Other winners also receive 5% upfront, with the remaining amount distributed over six months after a one-month cliff.

Crypto Hunters aims to maintain fairness and transparency throughout the competition by focusing on organic growth and token value stability. The competition structure, including point accumulation and prize distribution methods, is designed to ensure a balanced process for all participants.

By integrating various ways to earn points and carefully managing reward distribution, the campaign encourages active community involvement while offering incentives. This approach not only supports the $CRH token’s value but also fosters a strong and engaged user base.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




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Tags: Bitcoin NewscompetitionCryptoCrypto NewsCrypto UpdatesExcitinghuntersLatest News on CryptoLaunchesSB Crypto Guru News
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