The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Phemex Announces Q aRt – Their First NFT Created by the Community

by Press Release
March 31, 2021
in Industry Announcements


Phemex just announced Q aRt, an event that will create an NFT using the QR codes of all the participants.

Once created, the NFT art piece will be auctioned, and all participants will have a shot at winning a part of the final bid.

A summary of NFTs

In case you somehow missed all the craze about NFTs, here’s a quick breakdown.

NFTs, or non-fungible tokens, are goods that are irreplaceable, unique and limited in quantity, minted in the form of a token.

They can take the form of art, music, ownership titles, collectibles and even tweets. Such was the case with Jack Dorsey’s first-ever tweet, which was recently sold as an NFT for the equivalent of $2.9 million.

Various other public figures joined the NFT craze, such as Elon Musk, who wanted to use a song as an NFT (but later decided against it), Lindsay Lohan and even Taco Bell.

Everything you need to know about Q aRt

Q aRt will be the first-ever NFT created by Phemex, and it will require the help and participation of its users. The company will use all the participants’ QR codes to create an art piece, which will then be auctioned on OpenSea.

Phemex will be collecting QR codes between March 19th, 2021, 3 PM UTC and April 2nd, 2021, 3 PM UTC.

To participate, all you need to do is submit your Phemex ETH deposit wallet QR code to their Gleam campaign. All the QR codes will then be used to create the final artwork, which will then be auctioned as an NFT.

You can obtain your QR code from both the web version and the mobile app version, which you can find on the deposit screen.

Once you have your QR code, you need to follow four simple steps.

  • Upload your QR code image in the Gleam form
  • Submit your Phemex UID
  • Submit your Phemex ETH address
  • Follow @phemex_official on Twitter

However, you can also earn additional entries by performing various actions.

  • Following @jack_Phemex on Twitter
  • Following Phemex’s YouTube channel or their Facebook and Instagram pages
  • Downloading the Phemex app, available for iOS and Android
  • Referring friends
Potential winnings

To ensure that every participant has a chance to be rewarded properly, Jack Tao, the CEO of Phemex, has offered to place an initial bid of $100,000 based on over 10,000 of participants already signed in.

After the auction ends, 10% of the participants will be randomly chosen to split the final bid. Given the initial bid of $100,000 for 10,000 participants, 1,000 users will receive at least $100 each.

Terms and conditions

Like with all events, Phemex created a list of terms and conditions that participants must follow to be eligible.

First of all, in order to participate, all the actions on the Gleam campaign page must be completed before April 2nd. Also, the submitted ETH QR Code and ETH wallet address must be from a Phemex account. Any other QR codes will result in disqualification.

Participating with multiple accounts is also forbidden, and doing so will result in the immediate elimination of that participant from the event.

Finally, all the rewards will be paid out in ETH, and users can use them for trading or withdraw them.

Who is Phemex?

Phemex is one of the newest crypto derivatives exchanges whose primary focus is their users. It was founded by professional Wall Street traders and investors, and it supports spot trading as well as contract trading.

Phemex built a safe cryptocurrency platform with zero-fee spot trading, and it allows its users to buy cryptocurrency through various methods, including credit and debit cards, ApplePay and bank transfers.

Stay up to date with the contest through Phemex’s website and official communication channels.

  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • YouTube
  • Website
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
  • OKX Achieves SOC 2 Type II Certification, Demonstrating Its Industry-Leading User Safety, Security and Compliance Standards
    September 20, 2023
  • Meme Fans Eye El Hippo (HIPP) As Floki Inu (FLOKI) Price Dips
    September 19, 2023
  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
    September 19, 2023
  • Xsolla Launches Mall, an Online Destination for Video Games
    September 18, 2023
  • BlockchainSpace Debuts Polygon-Based Community Rewards Platform, YEY, With Philippine Telco Giant at FIBA 2023
    September 14, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$26,624.13
$26,624.13
1.49%
Ethereum
$1,593.91
$1,593.91
1.64%
Cardano
$0.245436
$0.245436
1.53%
XRP
$0.509393
$0.509393
0.22%
Dogecoin
$0.06167
$0.06167
1.44%

Spotlight

  • Analyst Who Nailed 2022 Crypto Bottom Unveils New Long Position on Bitcoin – Here Are His Targets
    September 15, 2023
  • Top Trader Says He’s Reaccumulating One Solana-Based Altcoin That’s Up Over 500% in Three Months – Here’s Why
    September 15, 2023
  • Bitcoin Primed To Surge Over 70% in 2015-Style Price Jump, Says Michaël van de Poppe – Here’s the Timeline
    September 15, 2023
  • Trader Says Bitcoin Just Flashed a ‘Great Sign’, Predicts One Top-10 Altcoin Will Go Parabolic in Coming Months
    September 15, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl