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
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)
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