OKX, among the world’s leading platforms for dApps, DeFi and GameFi, wants to make this year’s FIFA World Cup a memorable one for fans.
The OKX Football Cup, part of ‘The OKX Football Festival’, is giving millions of fans a chance to earn from a great prize pool as they support their favourite teams.
Simply, OKX is offering an NFT experience where one can enjoy the World Cup even more with free a NFT mint of their preffered team. With the free NFTs, its easier to predict matches and stand a chance to win huge prizes. How does it work?
Football fans can win with OKX by predicting the winning teams in the group stage, the knockout rounds and the third-place match. To participate, you need to grab the free NFTs of your teams by connecting your wallet.
From here, it’s pretty simple for users to get their hands on the team NFTs by going to the OKX NFTs page and navigating to OKX Football Cup for a free mint. To get the other two free NFT mints, users need to use the OKX App.
Notably, fans can mint all three team NFTs all at once on the app to save on gas fees. Alternatively, one can buy team NFTs on the OKX NFT Marketplace.
Each NFT mint requires users to stake 0.01 ETH, with up to 3 football teams mintable before the end of the group stages on 3 December.
The OKX Football Cup group stage matches begin on 21 November 2022 to 3 December 2022, with each match offering a fixed prize pool of 20,000 USDT. OKX adds 10 USDT for every NFT minted, thereby growing the prize pool.
Every day, just before a match begins, the OKX system will take a snapshot of NFT teams’ owners.
NFT owners whose teams win the given match will share the $20k in USDT. However, if teams draw, the opposing sides will each have 10,000 USDT to be shared amongst NFT holders who backed the two teams.
Users will have the option of redeeming their full stakes at the end of the event.
Keep updated with our round the clock and in-depth cryptocurrency news
Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.
Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.
CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.
When trading in stocks your capital is at risk.
Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.
Author
Administraroot