The OKX Crypto Cricket Cup is a major Web3 event that combines the excitement of the Cricket World Cup with the innovative world of blockchain and digital assets. This guide provides a detailed overview of the event, its structure, rewards, and how you can participate.
What Is the OKX Crypto Cricket Cup?
The Cricket World Cup is a global sporting phenomenon, attracting over 2.5 billion fans across more than 180 countries every four years. Capitalizing on this massive cultural event, OKX has launched the Crypto Cricket Cup. This initiative brings together leading Web3 projects like Polygon, Galxe, Ultiverse, and others to create a unique experience at the intersection of sports and cryptocurrency.
Participants engage in various activities to earn NFTs representing real-world cricket teams. These digital collectibles are not just for show; they are directly tied to the performance of the actual teams in the physical Cricket World Cup, offering holders a chance to win a share of a significant prize pool.
How the Event Works: Rules and Structure
The event is structured around three main activities, each offering distinct ways to earn rewards.
Social Activity
The social component involves completing specific tasks on social media platforms to earn an On-Chain Achievement Token (OAT). Holders of this OAT are then airdropped one of ten unique cricket team NFTs.
Quest Activity
This activity involves completing a series of eight interactive quests with various decentralized applications (Dapps). Each successfully completed and verified quest rewards the participant with a loot box containing an NFT.
Referral Activity
By referring new users to OKX using a personalized code, both the referrer and the referee receive a cricket team NFT. This is a straightforward way to earn an entry into the prize pool.
All NFTs obtained can be traded on supported marketplaces until a specified deadline. The distribution of the main prize pool is determined by a snapshot of NFT holdings, taken at a predetermined time, and is based on the real-world performance of the cricket teams the NFTs represent.
👉 Explore the official event portal for more details
A Detailed Look at the Rewards
The reward structure is designed to offer multiple avenues for earning, with prizes coming directly from OKX and from participating third-party projects.
OKX Prize Pool
OKX is offering 11 different NFTs: ten representing actual Cricket World Cup teams and one special souvenir NFT.
- Team NFTs: Holders of NFTs linked to the champion, runner-up, and third-place teams will share a prize pool of 100,000 USDC, distributed as 50,000 USDC, 30,000 USDC, and 20,000 USDC respectively. The distribution is proportional; if 100 users hold the winning team's NFT, each receives 500 USDC.
- Souvenir NFT: Holders of this special NFT become eligible for a share of a separate $30,000 MATIC prize pool.
Third-Party Project Rewards
Each partnering project offers its own unique rewards for completing their specific quests:
- Satori: A $20,000 pool distributed in stablecoins and NFTs.
- LogX: A $20,000 reward pool for the top 100 performers on their leaderboard, plus a special NFT that multiplies airdrop rewards.
- Plant Crossing: 4,000 Mystery Box NFTs, each with a potential value of $5, containing in-game assets.
- AlienSwap: A care package of Alien Score points worth 20,000 U tokens for participants using an OKX wallet.
- CricketFly: An NFT worth ~$10 for each participant and a distribution of $20,000 worth of in-game $GMF tokens.
👉 Discover strategies to maximize your rewards
Step-by-Step Participation Guide
Getting involved in the OKX Crypto Cricket Cup is a straightforward process.
- Get the App: Ensure you have the OKX app (version 6.27.0 or higher) installed on your device.
- Access Your Wallet: Open the app, navigate to your wallet, and ensure it is funded and ready.
- Find the Event: Locate the event banner within the Wallet or Discover section of the app to enter the campaign landing page.
- Choose an Activity: Select from the Social, Quest, or Referral activities. Each has its own dedicated page with specific instructions and rules.
- Complete and Verify: Follow the tasks for your chosen activity. Remember to allow time for on-chain verification of completed quests.
Understanding the Partner Ecosystem
The event is powered by collaboration with several innovative Web3 projects, each contributing its expertise.
- Satori: A derivatives trading platform that blends off-chain speed with on-chain security.
- AlienSwap: A multi-chain NFT marketplace known for its 0Gas transactions and no-code creation tools.
- LogX: A perpetual DEX aggregator that finds the best trading rates across multiple chains.
- Plant Crossing: An omnichain augmented reality game that bridges Web2 and Web3.
- CricketFly: A Play-to-Win Web3 cricket game with a large existing player base.
Frequently Asked Questions
What is the main goal of the OKX Crypto Cricket Cup?
The event aims to engage the global cricket community with Web3 technology. By completing simple on-chain tasks, participants can earn NFTs tied to real-world teams and compete for a share of a substantial cryptocurrency prize pool based on the teams' actual performance.
Who is eligible to participate in this campaign?
The promotion is exclusively open to residents of seven specific countries participating in the Cricket World Cup: Afghanistan, India, Netherlands, New Zealand, Pakistan, Sri Lanka, and South Africa. It explicitly excludes residents of numerous other jurisdictions, including the U.S., Canada, the U.K., and Singapore. Always check the latest official terms and conditions for the most current eligibility requirements.
How are the prizes distributed to winners?
Prize distribution is based on a snapshot of NFT ownership taken at a specified time. The value of the prize pool linked to each team NFT (champion, runner-up, third-place) is split evenly among all holders of that specific NFT at the time of the snapshot. The souvenir NFT has a separate prize pool distribution.
Can the NFTs I earn be traded or sold?
Yes, the NFTs you acquire through these activities are yours to hold or trade. You can trade them on the OKX NFT Marketplace or on Magic Eden until the trading deadline. The market value of these NFTs may fluctuate independently of their prize pool utility.
What are the risks involved in participating?
Participating involves interacting with digital assets and NFTs, which are highly volatile and can fluctuate in value. The value of rewards can change between the time they are earned and the time they are accessed. This is an entertainment event, not an investment vehicle.
Where can I find the official rules and terms?
The full and legally binding terms and conditions are available on the official OKX website and through the event portal. These documents contain all details regarding eligibility, reward structure, and disclaimers.