Decrypt and Rag Radio's newly launched MYRIAD digital media ecosystem is kicking things off in style with the first ever community contest in partnership with NFT collective Pudgy Penguins. Prizes in the contest include two Lil' Pudgys NFTs with 50 Faces Web3 NFTs for top traders and top predictions on the MYRIAD platform.
“We are thrilled to be partnering with the popular Pudgy Penguins Collective for the first MYRIAD Community Contest,” said Ilan Hazan, co-founder and COO of Decrypt and RagRadio's parent company, Dastan. “Pudgy Penguin was DeCrypt's 2023 NFT Project of the Year, building through the bear market and bucking the downtrend and bringing their quirky characters to the mainstream through physical product launches and video games.”
Image: MYRIAD
The NFT collection Pudgy Penguins has expanded beyond digital properties, with over $10 million in physical toy sales at major retailers including Walmart, Target and Walgreens. The group is set to launch its first video game Pudgy Party on iOS and Android in 2025 and recently announced the launch of the PENGU token on the Solana blockchain.
Through MYRIAD Community Contests, MYRIAD App and Extension users can participate in activities within the Decrypt and Rogue Radio digital media ecosystems to earn in-platform points, which can be bet on MYRIAD prediction markets and sold within the ecosystem (Note: Points are converted into real-world currency They have no value).
Every point earned during the Community Contest is matched against a Lil' Pudgy NFT Raffle ticket, points earned are tallied based on the top traders' leaderboards. The first winner will be eliminated from subsequent raffles and a Raffle will be held for each of the two Lil Pudgy NFTs.
Image: MYRIAD
The Top Traders Competition sees 25 faces of Web3 NFTs awarded to the top 25 traders on the MYRIAD leaderboard, with the tiebreaker set as the number of correct predictions. An additional 25 Web3 NFTs Faces on MYRIAD for the 25 users with the highest number of correct predictions, the tiebreaker is set to be their score. If someone achieves a double win in the Top Traders and Top Predictions categories, they will receive one Web3 NFT face from the Top Traders leaderboard, with their Top Predictions spot passing to the next eligible participant.
Pudgy Penguins and Lil' Pudgys holders can claim bonus points in MYRIAD Quests, Pudgy Penguins NFT holders qualify for 2,000 points per Pudgy Penguins, up to a maximum of 10,000 points, and Lil' Pudgys holders qualify for 200 points per NFT, up to a maximum of 1,000 points.
The contest will be held from December 7, 2024. Join the Pudgy Penguins at myriad.markets and predict the future!
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