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

PlacePointsPlacePointsPlacePoints

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)

Datathon 1 has now concluded. Please go to Datathon 2.

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