Let The Games Begin: How You Can Participate In Competitions On The Blockchain

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Whether you’re a beginner or an expert investing in the cryptocurrency market, diversifying your portfolio properly to get the best bang for your buck can be challenging. Not only do you have to account for volatility in the market, but you have to balance your digital assets and align them with traditional holdings in your portfolio.

In the traditional market alone, you can seek help with asset management that you can’t usually find in the crypto world. But there are companies like Invictus Capital and SolStreet who are paving new ways to navigate the digital landscape and accomplish your goals. And in celebration of bringing a whole new crypto asset management protocol to investors on the Solana blockchain, SolStreet is running a series of exciting competitions called Money Never Sleeps to spice up its launch.

Early User Access

The competitions — taking place on the devnet where no real cash is at stake — are open to investors as well as fund managers, giving early users a peek into the SolStreet protocol’s special features and functions. Participants can build a portfolio using crypto assets like Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE). The top 500 performers participating have a chance to win rewards in the following categories:

• Best overall return on investment (ROI)
• Best Sharpe ratio
• Most individual investor (fund managers only)

Keep in mind that the protocol's point is to give everyone the chance to launch a decentralized investment fund directly to the Solana blockchain. The SolStreet plan also gives these investors access to successful strategies while keeping costs low with minimal transaction fees. Healthy competition gives investors the opportunity to explore while learning and a chance to earn prizes, too.

What Do You Win?

The top performers in each contest will win a share of the protocol’s 1 million STRT tokens being made available for the competition. This represents an estimated $600,000 in value. Not only can you win these tokens, but investors have the chance to own STRT before it becomes available to the general public. In addition to the cryptocurrency, the winner of each category will get to own a one-of-a-kind SolStreet non-fungible token (NFT). 

Note that as the competitions approach, SolStreet will release more details regarding the exact prize distribution. So, keep an eye out for more information.

You Have To Play To Win

To have a chance at these fantastic prizes and up your crypto investment game in the meantime, you have to register and participate. The Wolf of SolStreet competition registration deadline is August 2, 2021, so be sure to put your hat in the ring today and join the fun.

Photo by CHUTTERSNAP on Unsplash

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.