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Calling all Neoxian City Citizens!

Welcome to the Neoxian Market Chat Pick Your Coins Competition!

Before we get into the details of this competition, I want to preface with a key point, the number one goal of this competition is to have fun. So please keep a level head; treat your fellow citizens with respect and treat yourself with respect. At the end of this competition, someone will be first and someone will be last, but we must remember markets can be unpredictable. If you get first, try to stay humble and if you get last, don’t be too hard on yourself.

Competition outline: In this competition, each member will pick 3 coins and invest in those coins with a total “hypothetical” amount of 1,000 USD.

The goal is to pick the set of coins, you believe will have the best return.

I will track the return of all of these coins and the return of your hypothetical portfolio.

Rules:

1. You must be a member, in good standing, with The City of Neoxian. This means you have already introduced yourself in the Neoxian City discord server and have not been banned.

2. Coins chosen must have sufficient liquidity and market access.
   • For example, if the coin is listed on both Coinbase and Binance, it will qualify.

3. You must provide the starting allocation of your portfolio.
   • For example, if you pick Bitcoin, Ethereum, and Solona. You will need to tell me the allocation and it must equal 100%. In this case you could do Bitcoin 60%, Ethereum 20%, Solona 20%.

4. You must allocate at least 10% to each coin and must pick at least 3 coins.

5. Rebalancing your portfolio is not an option.

6. Choosing to stake your coins is allowed. All coins earned through staking will be based on Coinbase’s staking reward program.
   • Because you are only investing up to $1000, that would not cover the costs to stake independently with your own node.

7. If HIVE is a coin in your portfolio, curation rewards will NOT be included.
   • Curation rewards can vary greatly between accounts and adding HIVE curation to the competition creates a layer of complexity I would like to avoid.

8. To participate you must have at least 2000 Neoxain Silver staked when the competition begins.

9. This competition will last 4 months and is limited to the first 100 people who enter.

10. I will provide an update for everyone’s standing each month in the Neoxian Market Chat.

11. You have 2 weeks to enter. The competition will begin Augst 11, 2024. If you miss the deadline, you will not be able to participate.

12. Please message me in discord to submit your portfolio allocation.

Rewards:
• All participants will receive free 100 staked Neoxian Silver.

The winner(s) with the highest return will receive:

• 50k Neoxian Silver for 1st place.
• 20k Neoxian Silver for 2nd place.
• 10k Neoxian Silver for 3rd place.

• The total reward pool is fixed. So, in the event of a tie, the reward pool will be split between the winners.

I am looking forward to the competition and I hope you are too!

Cheers,

❤️ Hurt

My Blog -> https://peakd.com/@hurtlocker

Follow me (@FinanceBrosif) on X

Posted using Neoxian City