Prizes

Synnax Datathon #1 Prizes.

Overview

Participating in Synnax Datathon 1 promises to be as rewarding as it will be engaging. Prizes will be awarded for:

1. Participation (everyone)

2. USD 5,000 cash prize for the first place, share of USD 3,750 for placing 2nd–5th

3. Performance prizes in Synnax Points (top 50)

4. Engagement prizes in Synnax Points (everyone)

Participants will be evaluated and rewarded with cash prizes and Synnax Points, which not only track your achievements but also qualify you for any future token airdrops by Synnax. The more points you accumulate now, the greater the potential rewards in future airdrops.

Participation Rewards

• Verifying your account with an email address: 500 pts

• Make your first submission and join the leaderboard: 750 pts

• Updating your account with an ETH wallet address: 250 pts

Performance Rewards

1st place - USD 5,000 + 50,000 pts

2nd place - USD 2,000 + 45,450 pts

3rd place - USD 1,000 + 41,320 pts

4th place - USD 500 + 37,560 pts

5th place - USD 250 + 34,150 pts

Place	Points	Place	Points	Place	Points
6th place	31,050 pts	22nd place	6,750 pts	38th place	1,460 pts
7th place	28,230 pts	23rd place	6,140 pts	39th place	1,330 pts
8th place	25,660 pts	24th place	5,580 pts	40th place	1,210 pts
9th place	23,330 pts	25th place	5,070 pts	41st place	1,100 pts
10th place	21,210 pts	26th place	4,610 pts	42nd place	1,000 pts
11th place	19,280 pts	27th place	4,190 pts	43rd place	910 pts
12th place	17,530 pts	28th place	3,810 pts	44th place	830 pts
13th place	15,940 pts	29th place	3,460 pts	45th place	750 pts
14th place	14,490 pts	30th place	3,150 pts	46th place	680 pts
15th place	13,170 pts	31st place	2,860 pts	47th place	620 pts
16th place	11,970 pts	32nd place	2,600 pts	48th place	560 pts
17th place	10,880 pts	33rd place	2,360 pts	49th place	510 pts
18th place	9,890 pts	34th place	2,150 pts	50th place	500 pts
19th place	8,990 pts	35th place	1,950 pts
20th place	8,170 pts	36th place	1,770 pts
21st place	7,430 pts	37th place	1,610 pts

Community Engagement Rewards

• One-off reward for the first submission above 0.85 threshold: 1000 pts

• One-off reward for the first submission above 0.90 threshold: 2000 pts

• Submit a prediction that improves your highest R2 score by:

  • 0.02 for R2 improvement in the range 0.8–0.9: 500 pts

  • 0.01 for R2 improvement in range 0.9–1.0: 500 pts

• Inviting a friend to join the competition (friend must register, verify and submit a prediction with a min 0.5 R2 score): 250 pts (per friend)

• Register through somebody's referral link (invitation from another participant): 125 pts (after you make a submission with a score of 0.5 or higher)

• Follow Synnax in Socials (up to 500 pts, details in Telegram bot menu)