1st Annual 375K Unifund Trading Competition

UNIFUND
3 min readNov 6, 2020

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Official Press Release 11.06.2020

Unifund | $iFund is proud to announce the first Unifund Global Cryptocurrency Trading Competition with over 375K $iFund to be awarded in Prizes.

The competition will reward the top Fund Manager with a Grand Prize of 250K $iFUND at the end of the Competition Trading Period.

The competition will be host to the top international cryptocurrency traders, or Fund Managers, to be the first to trade using Unifund.Global’s innovative Trading Platform built for token trading upon the Uniswap DEX Protocol.

The competition will also feature over 125K in prizes rewarding early-bird RSVP/Registrants both Investors &. Fund Managers, Fund Managers who reach Milestones/Objectives (example: first to reach 10% PNL, largest fund captial raised, biggest trade) in addition to on-going Community Engagement / Participation Prizes.

Official Trading Competition Details

Early-Bird Registration/RSVP: November 7th — November 20th 2020

Official Trading Competition: November 20th — December 7th, 2020

Judging Period: December 8th & December 9th, 2020

Rewards Gala & Prizes Distribution: December 10th, 2020.

Early Bird Registration

  • We have committed a 50K Prize Pool for Early-Bird Registrations who RSVP prior to 11.20.2020
  • Participants may choose to RSVP as a Fund Manager/Trader, Investor or Spectator.
  • Early Registration Link http://bit.ly/ifundrsvp
  • Participants are not contractually obligated to participate post-RSVP submission, however their entry will qualify them for on-going prizes through-out the competition ie. entry fee or collateral rebate, daily/weekly trading competition themed prizes.

Official 375K Prize Breakdown

  • Grand Prize 250K $iFUND awarded to the top performing Fund Manager
  • Early Registration Pool 50K $iFUND
  • MEME Contest Winner 15k $iFUND
  • Highest Single Moment PNL During Trading Period 10K $iFUND
  • FUND Highest ETH Raised 10K $iFUND
  • First Fund Manager to reach 25% PNL 5K $iFUND
  • Most Fund Investors 5K $iFUND
  • Biggest Trade 5K $iFUND
  • Most Active Community Member 5K $iFUND
  • Hottest Community Trade TIP 5K $iFUND
  • Community Favourite Fund Manager 10K $iFUND
  • Competition Biggest Loser 5K $iFUND

Terms & Conditions

  • If participants do not have $iFund, they may click here to purchase in advance of the competition period bit.ly/myIFUND.
  • Particpants may join the offical Telegram Community via https://t.me/UnifundGlobal
  • The Official Discord via https://discord.gg/tGRdfsm
  • Unifund on Twitter via twitter.com/UnifundGlobal
  • Unifund’s Official Medium https://medium.com/@UnifundGlobal
  • Unifund Trading Competition Official trading pairs eligible on Uniswap may be found here: https://app.unifund.global/#/trades
  • The Grand Prize Winner will be awarded based on the following weighted-average score variables adding to a 100% score.
    - FUND PNL / 100% x 25 Points
    - Total Fund ETH Profit / Total Competition Profit x 50 Points
    - Total Fund Investors / Competition Investors x 15 Points
    - Unifund Panel Overall Fund Manager Assessment 10 Points
    = 100 Points
  • Non-Fund Manager Participants will be eligilble to win Early Bird Prizes + Community Themed Prizes
  • Only Qualifying Fund Managers will be eligible for Grand Prize + Trading Milestone PrizesUnifund will use the the market price of $iFund at the time of the GALA Rewards to issue the Grand Prize -
  • Fund Managers must submit an official entry card http://bit.ly/ifundrsvp which include their official trading Wallet Address, Telegram / Social Username / E-Mail and Accept the Terms of Service prior to the trading period to qualify for the Grand Prize
  • Fund Managers & Investors will be required to cover any/all gas fee’s associted with their Investment Contribution, Entry Fee, Collateral Stake and any Trades submitted via the Unifund Trading Platform
  • Unifund reserves the right to disqualify trades that are deemed to be wash trades or illegal bulk registration wallets, self-dealing or display attributes of market manipulation, etc..
  • Prizes will be distributed after the competition ends during the GALA awards. Investors will be able to claim/realize capital gains/loses when the official trading period finalizes.
  • Unifund reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
  • Risk warning: Cryptocurrency investment is subject to high market risk. Unifund is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.

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UNIFUND

A Decentralized Cryptocurrency Mutual Fund Trading Platform for the open creation of trustless social trading groups utilizing Uniswap Protocol Tokens.