<img src="https://crypto.news/app/uploads/2023/09/crypto-news-two-people-shaking-hands-office-background-day-light-low-poly-style-v5.2.png” />
ZTXa web3 virtual world and creation platform, it is associate with ZGM, a metaverse influencer management and content creation company, to launch a competition where users can bet on the outcomes of metaverse games to earn ZTX rewards.
The competition will be formally launched during Yield Guild Games’ Web3 Gaming Summit, which will be held in Manila and open to all members of the ZTX community worldwide.
The initiative has been hailed as one of the first cross-industry events where web2 creators partner with web3 users for prediction-based entertainment and rewards, with no entry costs or participation restrictions.
ZGM will use ZTX’s legacy web2 platform to form teams to compete in various metaverse games. Speculators and members of the public can bet on the winners and outcomes of these games by holding a specific amount of ZTX in their wallets.
Users must also join the official ZTX Discord server to be eligible for prizes for their correct predictions. While no payouts or fees are required to place bets on the results of the competition, participants can win part of the competition prize pool, which is over $20,000 in ZTX at current trading prices.
Alexx, innovation and creative direction leader at ZTX, said:
“This pilot campaign does not require participants to spend funds to place bets. Instead, they must maintain a certain level of ZTX balance in their wallets to qualify for betting throughout the competition.”
He added that this competition is a preview of the various strategies that ZTX plans to introduce to help with the mass adoption of web3 games.
Wendy Heo, global partnerships manager at ZGM, said:
“ZTX has a strong community on web3. “ZGM’s expertise in web2 metaverse platforms can bring the web2 and web3 communities together through fun events.”
Web3 Altcoin influencer Sherpa, a partner at ZTX, said ZTX had one of the “softest” TGEs and airdrops he has ever witnessed.
in a statementSherpa said:
“Its official beta is coming out soon, and this event is a big milestone in showing what the team can do to bring cryptocurrencies together with non-crypto users. I hope they include more features, product updates, and run interesting campaigns to bring much more value to their community.”
ZTX is preparing a formal announcement of the competition and rewards, details of which will be available in the coming days.
Additionally, competition deadlines, rules and other terms and conditions will be provided on ZTX official accounts at x and Discord.
A ZTX Beta update will also be provided soon, scheduled for release in Q4 2023.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
