Prizes

Synnax Datathon #2 Prizes.

Overview

Participating in Synnax Datathon 2 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

🥇 place – USD 5,000 + 50,000 pts

🥈 place – USD 2,000 + 45,450 pts

🥉 place – USD 1,000 + 41,320 pts

4th place – USD 500 + 37,560 pts

5th place – USD 250 + 34,150 pts

Community Engagement & Leaderboard Rewards

  • Improve your highest R2 score above 0.5000 and get 10100 points for each 0.001 increase: the higher the score, the higher the reward! For example:

    • Increasing your score from 0.5000 to 0.5010 will get you 10 pts

    • Going from 0.5010 to 0.6000 will get you 1,891 pts

    • And a jump from 0.6000 to 0.7000 will award you with 3,691 pts

  • Inviting a friend to join the competition (friend must register, verify and submit a prediction with at least a score of 0.5000): 1000 pts (per friend!)

  • Register through somebody's referral link (invitation from another participant): 1000 pts (after you make a submission with a score of 0.5000 or higher)

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

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