On July 12, 2021, Pulse announced a weeklong contest on BitClout with a prize pool worth $30,000 in CLOUT. This is Pulse's report on the competition. Read on for a review of the contest mechanics and a list of winners.
Pulse ran this contest as an experiment to distribute more CLOUT to the community and to stimulate creator coin investments on the platform. We also granted additional incentives to users who conducted their trades on the Pulse website.
For the first component of the CLOUT Contest, the top 100 users with the the highest buy volume between July 12 and July 18 would split $10,000 of CLOUT. Pulse stipulated that trades would receive a 1.5 multiplier if completed on our website.
You can find the full contest mechanics at the bottom of the article as an appendix.
After a week of trading, user @Austinn took home the lion's share of the Contest 1 Prize, winning 10 times the $clout that the next highest finisher received.
- Austinn $6,568
- nbaMemes $651
- Parkernomics $277
- parkerPUMP1 $271
- LanguageOfLove $164
- iShubham $160
- LarryVC $153
- theshining $139
- deno_ $125
- spgmemes $105
Here's an illustration showing just how much more trading Austinn did compared to the rest of the field.
Overall, the top 100 traders on BitClout traded over 500,000 CLOUT during the contest period. 382,045 of that amount was traded on Pulse.
The list of the top 100 traders and the $clout they won is published below in an appendix.
Contests 2 and 3
For the second contest component, anyone who traded at least 100 CLOUT in total buy volume would get one entry into a random drawing for $10,000. There would be four winners of $250 and $1000 in $clout and one winner of $5000.
Pulse granted a bonus entry to users who traded that 100 $clout on bitcloutpulse.com.
Here are winners of contest 2
- $250: Ape28, Ape48, Ape48, Ape39
- $1000: Ape33, Vicarious, LarryVC, Austinn
- $5000: Ape5
Finally, contest 3 was also a random drawing, with entries going to users who bought one more $clout in creator coins than what they sold between July 12 and July 18. Four winners would receive $250 and $1000, and one winner would take home $5000 in CLOUT.
Pulse gave an extra entry to users who traded at least half of their volume through bitcloutpulse.com
Here are winners of contest 3
- $250: BitCloutUniversity, parkerPUMP2, Ape35, Ape20
- $1000: Ape41, Ape25, Riskified, Ape39
- $5000: Ape71
We conducted the drawing on July 30 in a voice call in the BitClout Discord server. All prizes were paid out within a week of determining the winners of the three contests.
If you have any feedback on the contest, you can let us know by posting in the BitClout Pulse channel in the BitClout server or by sending us an email.
Appendix A: Contest 1 Winner Breakdown
Austinn $6,568 nbaMemes $651 Parkernomics $277 parkerPUMP1 $271 LanguageOfLove $164 iShubham $160 LarryVC $153 theshining $139 deno_ $125 spgmemes $105 bopular $98 Osaro $90 vivalisboa $78 lagrande $68 H20ai $50 GOODTIME $50 Piktochart $48 ForTheContest $45 Nuro $40 petstorie $36 Vicarious $30 Austin_Holdings $28 SFW2 $26 GalaMar $26 disciple $25 Riskified $21 TradingAnalytics $15 OGApe $15 LindenDollar $15 Top1 $15 evedlgiuc $15 Brzy $14 bookworm $14 CreatorFundMicro $13 HighKey $12 Ape24 $12 RajLahoti $11 SunsetDAM $11 Ape2 $10 Ape3 $10 Ape4 $10 Ape5 $10 Ape6 $10 ParkerJRoberts1 $10 Ape50 $10 CryptoJames $10 cezmikalorifer $9 Ape21 $9 dharmesh $9 NotDiamondHands $9 h4rm4n $9 OrcaDigitalTalent $8 Ape19 $8 Ape20 $8 Ape23 $8 Ape25 $8 Ape26 $8 Ape27 $8 Ape28 $8 Ape29 $8 Ape30 $8 Ape31 $7 Ape32 $7 Ape33 $7 Ape34 $7 Ape35 $7 Ape36 $7 Ape37 $7 Ape38 $7 Ape39 $7 Ape40 $7 Ape41 $7 Ape43 $7 Ape44 $7 Ape45 $7 Ape46 $7 Ape47 $7 Ape48 $7 ape72 $7 ape71 $7 ape69420 $7 ape70 $7 ape69 $7 whoami $7 CreatorFundMicro2 $7 rentech $7 EnlightenedWealth $7 CreatorCapital $7 parkerPUMP2 $6 happy_ $6 ProctorGamble $6 FlashCat $6 vrrm $6 Austin_ $6 ape2win $6 BrianLaApe $6 JuneLeSchitt $6 BotsRuinEverything $6 AnnaJuWantme $6 AprilApeIn $6
Appendix B: Full Contest Rules
Prizes will be paid out in CLOUT using the CLOUT/USD exchange rate at the time of payout. For the purposes of this contest, a user is defined as a unique Bitclout public key with a valid profile including username and profile image. To qualify for the 1.5x volume bonus and additional entries, a user must meet the buy volume and net buy volume requirements with trades conducted solely through bitcloutpulse.com. The contest will begin immediately after this post transaction is mined into a block on the Bitclout chain, which will occur at approximately 11:30pm ET on July 11, 2021 and will end when a “contest has ended” post is submitted and mined into a block on the Bitclout chain, which will occur at approximately 11:59pm ET on July 18, 2021. Winners will be notified and payouts distributed within 2 weeks of the contest end. Pulse does not currently charge any fees for registering or trading through bitcloutpulse.com, and as such, no purchase from Pulse is necessary to enter this contest. This contest is open to all residents of jurisdictions where lawful and void where prohibited.