In order to profit land owners, Hashworld launched a land trading competition this week. The system will rank land owners by the total value of traded or owned lands during the competition. High-Ranked land owners will be rewarded with a large amount of ETH and HSC!
Land trading competition rules
Eligibility: Land owners or traders during the land trading competition.
Rules: User can accumulate points by trading or holding their lands. Top 100 users can win corresponding ETH and HSC according to their accumulated points.
Points: Total points = Points from trading lands + Points from holding lands
Trading points: The total trading value of lands during the competition(including buy and sell)
Holding points: (Sum of last trading price of owned lands excluding auction lands + number of auction lands owns * 0.5million HSC) * 0.5
Rewards
Rules:
The top 20 will share 5ETH and the 21st to 100th will share 3 million HSC.
During the competition, if the trading volume of top 20 users reach 50 million HSC, the ETH prize pool will increase to 8ETH.
During the competition, if the trading volume of top 20 users reach 100 million HSC, the ETH prize pool will increase to 12ETH.
Example:
gDuring the land trading competition, user A bought 5 lands with 0.8 million HSC. After that, A sold 3 lands and got 0.5 million HSC. At the end of the competition, if A had 8 lands which is valued at 2 million HSC, the points from holding lands for A will be 2 million (if hot lands are traded, they are valued at their last trading price. If hot lands are obtained from auction, they will be valued at 0.5 million HSC).
Total points = Points from trading lands + Points from holding lands = 0.8 million + (2 million + 1 million) *0.5 = 2.3 million
Competition duration: 12, Aug, 2018 to 17, Aug, 2018
Reward distribution time: 20, Aug, 2018, 12:00 am
Reward distribution method: rewards will be credited into your Hash Wallet in game.