Loom Network Net Buying Competition: Enjoy a $50,000 in LOOM Prize Pool!
To show our appreciation for KuCoin users’ support of Loom Network (LOOM), we will be launching a campaign to give away a reward pool of $50,000 in LOOM to qualified KuCoin users.
Learn more about Loom Network (LOOM): https://loomx.io
The campaign will run from 10:00:00 on May 26, 2021 to 10:00:00 on June 2, 2021 (UTC).
Activity 1: Net Buying Competition, Win a Share of a $36,000 in LOOM Prize Pool!
The top 30 users with the highest net buying volume (buys - sells - withdrawals) of the LOOM/BTC and LOOM/ETH trading pairs on KuCoin will win a share of $36,000 in LOOM!
The rewards will be distributed as follows:
| Ranking | Rewards |
| Top 1 | $3,000 in LOOM |
| Top 2 | $2,500 in LOOM |
| Top 3 | $2,000 in LOOM |
| Top 4-10 | $1,500 in LOOM each |
| Top 11-20 | $1,000 in LOOM each |
| Top 21-30 | $800 in LOOM each |
Activity 2: Participation Rewards: Win a Share of the $8,000 in LOOM Prize Pool!
Users who have a net buying volume that reaches 1,000 LOOM or more, pass KYC1 and add the LOOM/BTC and LOOM/ETH trading pairs to their Favorites List on KuCoin will evenly split the $8,000 in LOOM prize pool.
Activity 3: Special Rewards: Buy LOOM, Be Lucky to Evenly Split $6,000 in LOOM!
Users who have a net buying volume that reaches 800 LOOM or more will be qualified to participate in a Lucky Draw.
KuCoin will randomly choose 100 lucky users (from the above qualified users) to evenly split a $6,000 in LOOM prize pool (Each lucky user will receive $60 in LOOM)!
Note:
- Net buying volume: buys - sells - withdrawals;
- The quantity of rewards will be calculated based on the average closing price of LOOM/ETH during the campaign period;
- The Sub-Accounts and Master Account will be treated as the same account when participating in the Loom Network activity;
- Winners of the Activity 1 will not be eligible to receive the Activity 2 and the Activity 3 rewards;
- KuCoin will update the top 10 rankings of Activity 1 before 13:00 on May 28, 2021 (UTC). The final rankings will be updated within 5 working days of the campaign ending;
- Rewards will be distributed within 7 working days of the campaign ending;
- 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 to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.
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LOOM Net Buying Competition Top 10
Congratulations!
| Rank | Amount | Reward (LOOM) | |
| 1 | tim***@***.com | 682,677.2 | 36,585.4 |
| 2 | 718***@***.com | 655,000.0 | 30,487.8 |
| 3 | for***@***.uk | 590,819.4 | 24,390.2 |
| 4 | 450*** | 521,192.8 | 18,292.7 |
| 5 | 137***@***.com | 410,000.0 | 18,292.7 |
| 6 | hil***@***.com | 391,562.6 | 18,292.7 |
| 7 | act***@***.com | 386,810.5 | 18,292.7 |
| 8 | 157*** | 378,192.6 | 18,292.7 |
| 9 | hdo***@***.com | 350,091.8 | 18,292.7 |
| 10 | fri***@***.jp | 349,927.7 | 18,292.7 |