Cryptopedia Season 5 is launched by OKX and Lifeform with a $300,000 LFT Prize Pool.
Blockchain Crypto

Cryptopedia Season 5 is launched by OKX and Lifeform with a $300,000 LFT Prize Pool.

Season 5 of Cryptopedia, OKX’s platform for crypto education, has just been released. Cryptopedia is a well-known cryptocurrency exchange and Web3 technology business. A $300,000 prize pool in Lifeform Tokens (LFT) will be awarded to more than 11,000 competitors during the new season, which runs from August 3, 2023, at 04:00 (UTC), to August 17, 2023, at 04:00 (UTC).

The programme consists of five online “OKX quests” that users must complete using the OKX Wallet: DEX, NFT, DeFi, Discover, and Lifeform. The goal of these quests is to entice users to discover and gain knowledge about the vast selection of DApps offered on the OKX Wallet. The quests address many facets of the cryptocurrency ecosystem, such as decentralised exchanges, non-fungible tokens, decentralised finance, and more.

The winners of the contest will receive the following prizes: One winner will receive the First Prize of $2,000 in LFT, 20 winners will receive the Second Prize of $500 in LFT, and 11,520 winners will receive the Third Prize of $25 in LFT apiece. Participants can access Cryptopedia, download the OKX App, and create or import a wallet. To choose the DApp they wish to interact with, users must Learn to Earn in order to access the interactive page.

Transactions on various networks, including as Ethereum, BNB Chain, OKTC, Arbitrum, Optimism, Polygon, Conflux, and Fantom, are included in certain quests. The OKX website contains the terms and conditions, which are applicable.

Leading worldwide technology company OKX is advancing Web3 in the future. The OKX Wallet, a cross-chain decentralised exchange (DEX), a multi-chain NFT Marketplace, and a potent DeFi platform are among the wide range of products offered by this company. Top companies and athletes, such as Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo, have teamed with OKX.

The company just started a global brand campaign called “The System Needs a Rewrite,” which promotes a new paradigm led by Web3 self-managed technology to replace current centralised systems. OKX is committed to upending the current quo and creating cutting-edge technologies.