Monday, July 15, 2019

Binance Gives $500 in BNB Tokens in Creative Logo Contest

Binance, world’s leading digital currency exchange is proving to its users and faithfuls that it has got them in mind, as the company rolls out the MyBinance contest which has caused quite a flurry on social media and is set to bring more publicity to the exchange.

Throw In the Hat

Binance is the world’s biggest cryptocurrency exchange by trading volume, and it is moments like this that makes the meteoric rise of an exchange that was founded barely a year ago less a surprise.

#MyBinance competition kicked off on Friday, 5th April and is set to run till middle of the Month. The rules of the contest appears to be quite simple, thereby making entry as easy and inclusive as possible.

What to do?

It’s a battle of creativity and fine arresting logos. To contest, interested participants are required to create the Binance logo in the most creative and fun-loving way possible, and to upload their award-winning images or videos to Facebook, Instagram, or Twitter with the hash tag #MyBinance.

The Hats Are In

Binance is ready to play and has announced that it would be giving out a total prize pool of $500 in Binance token (BNB), with one $BNB currently the same as $19.06 at press time. The company made the announcement via their official twitter handle:

Show us your creativity! We’re giving away $500 in $BNB in prizes for recreations of the #Binance logo in your own style. #MyBinance

Recreate the Binance logo using any method or material you wish. Post the image or video on Twitter with #MyBinance

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Winners would be determined by voting on various social media, mostly Twitter, and the images or videos with the highest votes get to cart away the prize. From the total prize pool, the winner would be getting $250 in BNB tokens, while the first and second runner-up would each be awarded with $100. $50 would be awarded to the logo deemed most creative by Binance angels. 

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The company outlined the guidelines for rewards qualification on its website:

– Submissions can’t be any images or videos previously shared by Binance or CZ

– Submissions must include the hashtag #MyBinance

– Six (6) submissions will be short listed. They will then be put to a weighted vote by Twitter users and Binance Angels.

– The winner for the most creative submission prize will be selected by the Binance team.

– Rewards will be distributed within 7 working days after the activity. You can log in to your Binance account to check your prize via the “distribution history” section in the user center.

Binance CEO Changpeng Zhao—often referred to as ‘CZ’—is obviously very excited by the ongoing contest and has not refrained from sharing the ones he has found most amusing and worthy of attention.

To learn more about the MyBinance contest, visit their official website here

Adedamola Bada
I'm Damola, a computer engineer from Obafemi Awolowo University. A crypto enthusiast, marketer, and writer who is seeking to achieve career excellence through hard work and positive contribution to the organization that aspires for excellence. Contact me on [email protected]

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