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:
Participation (everyone)
USD 5,000 cash prize for the first place, share of USD 3,750 for placing 2nd–5th
Performance prizes in Synnax Points (top 50)
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)
Last updated