Estonian masternode staking project Pocket Node launched its much-awaited trading competition on December 24, 2019, a day after listing on Korea’s sixth-ranked exchange ProBit Global.
The competition is scheduled to run from December 24 to January 6, 2020, and promises handsome prizes for traders contributing the most volume. A total of ten winners will be announced post conclusion, with varying tranches of NODE supplied to winners based on their trading activity.
In all, over $15,000 is set to be distributed.
Trading Competition Approximately $15,000 in Prizes (1,000,000 NODE)
Currently, NODE is solely listed on ProBit, with more exchanges lined up for a listing in the first two weeks of January 2020. The team states such competitions help drive awareness, volume, and assist in building a community for a new platform and project. Furthermore, prior investors attain increased value on their investment – an important feature of a well-functioning digital asset market.
Conferences and iOS Coming Soon
The NODE team is also excited to be attending conferences across the globe in the next three months from the United States to India, to many other destinations in Asia and Europe. Conferences provide a platform to explain the benefits of staking and why NODE provides an advantage over other platforms and mechanisms.
With Android already functional and live, iOS and desktop have been in development for some time. However, their release is planned immediately following the IEO in early January. This will open up the Pocket Node market to all those that have Apple devices as well. Traders love to focus on price, but the user base and utility are equally important.
With media lined up, a trading competition planned, and tech upgrades ready to be released NODE seems well positioned for both the short term and long term.
Official Competition Details
Event Duration: 24 December 2019 (Tuesday), 10:00 KST – 6 January 2020 (Monday) 23:00 KST
Prize Pool: 266,667 NODE
⯈ Trade NODE, Earn NODE
A trading competition will be held for NODE/KRW, NODE/USDT trading pairs. A total of 266,667 NODE will be distributed to the Top 10 volume traders in this order.
1st place: 60,000.08 NODE
2nd place: 53,333.40 NODE
3rd place: 46,666.73 NODE
4th place: 33,333.38 NODE
5th place: 26,666.70 NODE
6th place: 20,000.03 NODE
7th place: 13,333.35 NODE
8th place: 6,666.68 NODE
9th place: 4,000.01 NODE
10th place: 2,666.64 NODE
Pocket Node solves the issues of masternode staking on mobile and desktop platforms in one-click with NODE being the internal token of the Pocket Node ecosystem
NODE is the internal token of the PocketNode mobile staking platform. Their strong network, team, and exceptional social media presence has led to significant interest in their IEO and 1-click mobile staking platform.