Guess the Olympic Games to get airdrop: How to multiply your Bitlayer points and gems by 5 times

Author: Yumi Kong

Recently, high FDV/low circulation projects, point expiration, and the end of the era of hair-pulling are all very hot topics.

Although some people have been labeled as PUA users, point incentives are still the first choice for project parties when there is no more effective incentive method in the industry. On the one hand, project parties need to use points to attract users to participate in the ecosystem, complete cold start and retention, and maintain higher flexibility; but on the other hand, problems such as point inflation, unpredictable distribution rules, and unpredictable airdrop returns, especially the chaos of point shrinkage and stealing points, make users increasingly distrustful of the point mechanism.

However, as a relatively moderate incentive model between news and tokens, the point mechanism still has a certain living space. Especially for users, when the market is sluggish, if they can find some potential and valuable projects, participate in them, accumulate points at a low cost, and have the opportunity to obtain future token airdrops, this is still profitable.

For the project side, if they can play to their strengths in the points model and avoid their weaknesses, and even design some interesting ways to play for the locked points, they can activate community participation and reduce some communities’ overly high expectations and criticisms of points allocation.

On August 2, Bitlayer, a native second-layer Bitcoin project, launched a limited-time guessing event for the 2024 Olympics, which is a way to play with points. Users can use Bitlayer’s points and gems to participate in the Olympic Games-related topic guessing, and have the opportunity to win up to 5 times the points or gem rewards. This point-based gameplay that combines Olympic hot spots and prediction markets has the opportunity to allow users to double their points and gem rewards in a short period of time, and is worth everyone’s participation.

Accumulate points and get future Bitlayer airdrops

Recently, Bitlayer announced the launch of a user system that supports users to link their personal wallets to view the number of Bitlayer gem airdrops they have received, obtain the accumulated points rewards from past interactions, and receive the honor medals of past Bitlayer activities. Most notably, the team launched a racer upgrade system, officially introduced points into the ecosystem, and built expectations for token airdrops for the community.

In short, users can complete the corresponding novice tasks, advanced tasks, and daily tasks in the user center, and obtain corresponding points rewards, which can be used to upgrade the racer, corresponding to future token airdrops.

Currently, the specific methods for accumulating Bitlayer points are as follows:

• Beginner tasks mainly involve getting familiar with the Bitlayer points panel, Twitter interactions, BTC cross-chain and transfer tasks. Completing all of them will earn you 8,100 points;

• Advanced tasks require completing a certain number of ladder-type tasks and reaching specific milestones, such as completing asset cross-chain and reaching a certain number of transactions, which will earn you up to 250,000 points.

• Daily tasks are refreshed daily. Completing all tasks in this section every day will earn you 2,000 points.

In the announcement on the official website, the team has stated that in the future, the $BTR token airdrop will be distributed according to everyone's points and the level of the racer. This sounds exciting, after all, airdrops are free benefits.

At present, Bitlayer's points have not been launched on over-the-counter points trading platforms such as Whales Market, which means that you can't exchange these points for u. But don't worry, in addition to accumulating as many points as possible before TGE, Bitlayer has begun to try to provide users with more ways to use and obtain points.

Let Bitlayer points and gems flow!

On August 2, Bitlayer announced the launch of a limited-time event for guessing the Olympic Games (the specific event entrance is https://www.bitlayer.org/guess-to-earn/olympics-2024 ). This event is quite interesting. Users can use their Bitlayer points or gems to participate in the Olympic Games guessing. If they guess correctly, they will have the opportunity to get extra points or gems as rewards.

The official also announced the rules of this event. I will briefly sort them out for you:

• There are only two prize pools for guessing, one is the gem prize pool and the other is the points prize pool. There is no mixed prize pool.

• If you use points to guess, you need to invest 500 points each time. You can guess the same event up to 10 times. If you guess it, you will get extra points. If you guess it with gems, you need 200 gems each time, and you can guess it up to 10 times. If you guess it, you will get gems.

• There is only one winning option for each guess. The winner will share the rewards in the prize pool according to the proportion of participation. If you guess wrong, the points or gems you invested will be gone.

• Each guess has a time limit. You must participate before the deadline. The results will be updated and settled within 12 hours after the event results are released.

• When participating in the guessing, you need to confirm on the chain, so leave some gas fee in your wallet in advance. After trying, each guess requires a handling fee of 0.12u.

The specific participation tutorial is as follows:

1. First, you need to click this link Guess to earn | Olympics Paris 2024 to visit Bitlayer's official event page.

2. On the event page, you need to connect your digital wallet and log in to your account.

3. After logging in, browse the guessing activities listed on the page and select the guessing topic you are interested in, such as "Which country will win the most medals at the Paris Olympics?"

4. For the guessing activity you choose, you need to decide your guess result and determine the number of times you want to guess.

5. After clicking confirm, your guess will be submitted to the blockchain, which requires your signature confirmation.

6. After submitting the guess, you just need to wait patiently for the result to be announced.

7. At the same time, you can also visit the User Center Racer Center to complete daily tasks and accumulate more points so that you can participate in more guessing activities.

Take the following guessing as an example, "Which country will win the most medals at the Paris Olympics?" If you choose China, the current odds are 1:5.34, which means that if you bet 200 gems, you may get 1068 gems as a reward, which is more than 5 times.

It should be noted that all operations should be carried out on the official platform to ensure safety and effectiveness.

The airdrop points thing is actually like a point hunter competition game. Whoever saves more may win more in the airdrop competition with a fixed ratio.

In the past, before the points could be traded on markets such as Whales Market, the points that users worked hard to save could only lie in their wallets and sleep. They could not be circulated and there was no way to increase their value. But this time, Bitlayer has made an innovation to make the points come alive and have a place to use. As long as you participate in the event, you have a great chance to earn points or gem rewards. In this way, everyone's points will increase significantly, and if there is an airdrop in the future, they will be able to get more shares.