Steemit Crypto Academy Contest / S15W1 [SUMMARY]: Steem & Halving bitcoin 2024

Introduction

Hello dear Steemiens,

I hope each of you is doing well and that your first week in 2024 has been rewarding. Our main objective today is to present to you a detailed summary of the competition which took place from January 15 to 21, 2024, marking the start of the fifteenth season of the Steemit Engagement Challenge. The event went off without a hitch, and the credit goes to the exemplary professionalism demonstrated by our academy members, contributing to the overall success and smooth execution of the competition.

This report aims to provide a comprehensive overview of the data and feedback collected during this period, focusing specifically on your active participation in the community competition organized by the Steemit Crypto Academy. The main objective of the competition was to evaluate and measure your knowledge in the broad areas of cryptocurrency and blockchain technology.

This week, the competition focused on the exciting topic of Bitcoin Halving in 2024 and its effects on STEEM. Attendees were encouraged to delve into this topic, exploring its intricacies and implications in trading.

As part of this competition, our esteemed participants were entrusted with the following tasks:

• How could the Bitcoin halving in April 2024 influence investors' general perception of cryptocurrencies, and in particular, what impact could it have on the STEEM token?

• What adjustments in the supply and demand dynamics of cryptocurrencies could result from the Bitcoin halving, and how could these changes influence the valuation of the STEEM token?

• How might specific characteristics of the STEEM token, such as its content-based reward mechanism, be impacted by macroeconomic changes resulting from the Bitcoin halving?

• What lessons can investors learn from previous Bitcoin halvings to anticipate market trends and make informed decisions regarding the STEEM token?

We were deeply impressed by the exceptional quality of the content submitted in the entries, reflecting the dedication and expertise displayed by all participants. It is worth noting that several contributors took their first steps in our crypto competitions during this inaugural edition, marking a significant milestone in providing them with a valuable introduction to our platform and community. The varied perspectives brought by these newcomers enriched the entire competition experience, highlighting the inclusiveness and friendliness inherent in our engagement initiatives.

Reflecting on the success of this competition, we look forward to discovering more talent in the seasons to come. The participation of new members has not only expanded the contributor base, but also highlighted the potential for continued growth and evolution within our community.

Without further ado, let us explore the statistical data and express our gratitude, thereby providing insight into the quantitative aspects of the competition and showing our sincere appreciation to all participants for their valuable contributions.

Participation statistics

We received a grand total of 27 submissions for the contest, and unfortunally, there was one instance of entries deemed invalid and another deemed plagiarized.

Total number of entries	Invalid entry	Plagiarized content
27	1	1

_{Performance Distribution(%)}

_{Score Distribution}

As part of this week's evaluation, several significant observations were noted, providing detailed insight into the diversity of performances within the competition. In particular, 4 posts stood out by obtaining a rating of Excellent, thus representing a notable share of 15% of the total messages evaluated. This recognition highlights the exceptional quality of these specific contributions, highlighting the exemplary expertise and commitment of the authors.

Furthermore, the majority of applications, 74%, were assessed as being of Good quality. This result represents the highest score ever recorded in the history of the competition, reflecting the consistency and general progression in the level of participation. Additionally, 4% of the posts were rated as being of Medium quality, thus adding additional nuance to the diversity of performances observed.

However, the transparency and integrity of the competition was also preserved by reporting a post for plagiarism. This highlights the importance of maintaining high ethical standards and promoting originality within the community.

In short, this in-depth evaluation highlights the richness and variety of participants' performances, while highlighting aspects requiring particular attention. It also offers avenues for reflection for the continued development of the competition, aiming to encourage excellence while promoting inclusiveness within the community.

Top 3 users of the week

In our selection process, we initially assessed the quality of participants' performance, giving priority to their interactions with fellow contestants.

When choosing the top 3 participants, we considered both their performance scores and their interactions. Additionally, we made a distinct selection based on an article that provided exceptional content relevant to the topic of discussion. Below, you will find the top 3 users we have acknowledged for this week.

Ranking	Username	Article
1	@ashkhan	Link
2	@khursheedanwar	Link
3	@starrchris	Link

Perspectives

We want to express our sincere gratitude for your consistent and dedicated participation. Congratulations to all those who have secured top positions this week; your hard work and commitment are truly commendable. It's inspiring to witness the high standards of quality and engagement that each of you brings to our competitions.

As we move forward, we encourage you to continue fostering a spirit of collaboration and excellence among your fellow participants. Your contributions not only elevate the overall experience but also contribute to the vibrant community we aim to cultivate.

Looking ahead, we are excited about the prospect of your continued involvement in our future contests. Your enthusiasm and dedication play a crucial role in making our competitions successful, and we value the positive impact you bring to our community. Thank you once again for being an integral part of our journey, and we can't wait to see your continued success in the challenges that lie ahead.