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

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)

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