Thread by @EntityFinance

Battle of Launches Prize Distribution!

There is $10,000 to be won in the community testing event of the Entity Launchpad.

How will that pool be distributed? Let's get into the details.🧵
#MultiversX #EntityFinance

1/ To earn rewards and help kickstart another high quality launchpad in the #MultiversX ecosystem, make sure you sign up before Feb 23:

docs.google.com/forms/d/e/1FAI…

2/ With that being said, let's take a look at how the $10k in EGLD rewards will be divided.

The sum will be split into 2 categories:
- $5k in the Participation Pool
- $5k in Bug Bounty rewards

3/ You will receive a testing group assignment via email on Feb 23 and must complete at least one assigned scenario to qualify for Participation rewards.

Want to go above and beyond? The more scenarios you successfully test, the more rewards you get from the Participation Pool.

4/ For the Bug Bounty pool, you must find bugs and report them clearly. Bug Bounty rewards will be "first come, first served".

Please note that Bug Bounty prizes are for major bugs only, so keep an eye out for bugs related to the security or core operations of the launchpad.

5/ If not enough major bugs are found, the remaining Bug Bounty rewards will be redistributed to the Participation Pool so testers get even more EGLD for each scenario.

The prizes from both pools will be distributed within a week after the Claim Token period ends on March 3.

6/ Stay tuned for this week's Entity blogpost that will go live tonight at 7PM CET for an in-depth breakdown of the Battle of Launches process, the $10k prize pool and more!

7/ As a closing thought, we want to say that the more participants join the event, the quicker we will be able to make a milestone announcement about the Launchpad.

So, tell your friends to sign up now and get #ReadyForEntity! 🚀

Join our community:
t.me/EntityCommunity