OKX offers prize pool as it bridges Web3 and football

OKX offers prize pool as it bridges Web3 and football

OKX, one of the world’s largest crypto exchanges by trading volume, has launched the OKX Football Festival in anticipation of national football teams meeting in Qatar. The OKX Football Festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick fan token staking series.

Kicking off the OKX Football Festival is the NFT Football Cup, which offers a total of US$1 million in spot rewards. Fans can mint up to three free NFTs corresponding to their favourite national teams. NFT holders will split spot rewards of US$20,000 each time their team advances through the group stages, with the prize pools for each eliminated team being transferred to the team that knocks them out. OKX will add US$10 to the prize pool for each NFT minted. Users will be allowed to participate in the event with any ETH wallet.

“OKX is here to help people find new and innovative ways to celebrate their passions,” said Haider Rafique, Chief Marketing Officer, OKX. “As we raise our flags in support of our national teams, I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them. OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms and I can confidently say that this exciting festival is only the beginning of the new opportunities we’ll be offering.”