Openfabric AI Listing Carnival, Win a Share of $29,500 in OFN!
24/10/2023 15:00:46
To celebrate Openfabric AI (OFN) being listed on KuCoin, we will be launching a campaign to give away an OFN prize pool worth $29,500 to qualified KuCoin users!
Learn more about Openfabric AI (OFN): https://openfabric.ai/
Activity 1: Trade OFN To Share an OFN Prize Pool Worth $15,000!
⏰ Activity Period: From 12:00 on October 24, 2023 to 12:00 on October 29, 2023 (UTC)
Pool A: Trade To Win $6,000 in OFN
The first user whose OFN trading volume reaches $500,000 will win $2,000 in OFN.
The first 3 users whose OFN trading volume reaches $250,000 will win $1,000 in OFN each.
The first 5 users whose OFN trading volume reaches $100,000 will win $200 in OFN each.
Pool B: OFN Lucky Draw, Win a Share of $9,000 in OFN
During the activity period, users who accumulate a trading volume (trading amount x price) of at least $100 in OFN on KuCoin will get one lucky draw ticket to win up to $1,000 in OFN. Each user may obtain up to a maximum of 200 tickets.
Note:
1. Only users who completed the registration log-in to KuCoin account and visit the activity page) are considered eligible to participate in the event.
2. The quantity of token rewards for Pool A & Pool B will be calculated according to the average price of the daily closing prices from October 24, 2023 to October 29, 2023 (UTC).
Activity 2: Run an OFN Trading Bot, Share an OFN Prize Pool Worth $3,000!
⏰ Activity Period: From 12:00 on October 24, 2023 to 12:00 on October 31, 2023 (UTC)
Pool A: Run an OFN Trading Bot, Share an OFN Prize Pool Worth $1,800
Eligible Trading Pair: OFN/USDT
Eligible Bots: Spot Grid, Martingale, Infinity Grid, DCA, and Smart Rebalance
During the activity period, users who have accumulated investment of at least $500 from their OFN/USDT trading bots on KuCoin will share an OFN prize pool worth $1,800 based on their total trading volume (trading amount x price).
Note: Reward amount = prize pool * user's trading volume / total trading volume of eligible users.
Pool B: OFN Trading Competition, Trade To Share an OFN Prize Pool Worth $1,200!
During the activity period, the top 10 accounts with the highest OFN trading volume (trading amount x price) on KuCoin Trading Bot will be qualified to share an OFN prize pool worth $1,200!
The rewards will be distributed as follows:
| Ranking | Rewards |
| Top 1 | $600 in OFN |
| Top 2 | $300 in OFN |
| Top 3 | $100 in OFN |
| Top 4-10 | A share of $200 in OFN |
Notes:
1. The trading volume will be calculated in USDT.
2. The reward amount of the top 4-10 will be allocated in proportion to the winners’ trading volume (trading amount x price).
3. The final list of winners will be announced within 7 days after the campaign ends.
4. Rewards will be distributed within 7-14 working days after the campaign ends.
Activity 3: Affiliates Special Event: Share $1,500 in OFN and Earn Special Rewards for New Users!
⏰ Activity Period: From 10:00 on October 25, 2023 to 10:00 on October 31, 2023 (UTC)
During the activity period, KuCoin Affiliates who invite existing and new users to trade OFN on KuCoin will have a chance to share an OFN prize pool worth $1,500.
Additionally, if the invitee is a newly registered user, the affiliate will also receive a special reward of $2 in OFN for each new user.
Invited users can receive 1-100 USDT airdrop rewards by trading OFN.
Reward shared as below:
| Tier | Trading Invitees | Fixed Reward (based on reached tier stage) | Special Reward for new users |
| 1 | 3～9 | $20 in OFN | $2 in OFN per new user (new users need to pass KYC and have any OFN transactions on KuCoin) |
| 2 | 10～29 | $40 in OFN | |
| 3 | 30～59 | $80 in OFN | |
| 4 | 60~99 | $150 in OFN | |
| 5 | >=100 | $200 in OFN |
Notes:
1. The amount of rewards will be distributed based on the number of invited users.
2. Rewards will be distributed on a first-come, first-served basis. Affiliates must log in to their KuCoin account and register for the event by clicking the Join button.
3. Visit the Affiliate page on the app or website, then copy and paste your referral link to share it with others.
4. Once users join the event, KuCoin will track their participation and calculate their existing referrals and new invitees who trade on KuCoin, and the rewards will be sent to their KuCoin account within 15 working days after the end of the event.
5. Affiliates with more invitees will receive priority in receiving the rewards if the allocated rewards exceed 1,500 USDT.
6. KuCoin reserves the right to disqualify users' reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self-dealing, or market manipulation).
7. KuCoin reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating, or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
Activity 4: Trade OFN and Share $7,000 in OFN in the Rewards Hub!
⏰ Activity Period: To Be Announced
During the activity period, invited users can participate in the limited-time exclusive task in the Rewards Hub and win 1 USDT in OFN!
| Eligible Token | Task Level | OFN/USDT Spot Trading Volume in USDT | Rewards |
| OFN | Level 1 | 100 | 0.1 USDT in OFN |
| OFN | Level 2 | 900 | 0.9 USDT in OFN |
Note: Cumulative Trading Amount means the cumulative amount traded in the Spot markets. (e.g. User A should trade at least 100 USDT on the Spot market to get reward for Level 1. User A should then trade an additional 900 USDT to get to the next reward level.)
Activity 5 : Know More About Openfabric AI! Share $3,000 in OFN!
KuCoin and Openfabric AI team will hold an AMA and Twitter Space to introduce OFN to all users. Also, users can share an OFN prize pool worth $3,000!
Please join the KuCoin official community and follow KuCoin official Twitter to know more about the activity details.
Note:
1. The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force on all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin are voluntary and are not forced, interfered with, or influenced by KuCoin in any way;
2. If users have doubts about the result of the activities, please note the official appeal period for the result of activities is 2 months after the end of the campaign. We will not accept any kind of appeal after this period.
3. Where any discrepancy arises between the translated and original English versions, the English version shall prevail.
4. This activity is not related to Apple Inc.
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