NF3 | Follow the Lucky Trader Price Prediction Challenge Leaderboard!
You’ve been bragging to your friends about how much ETH you’ve stashed away during the year-long NFT bull run. But she chimes back that it was all luck.
Want to test your skill? Are you adept at identifying NFT price movements and trends?
Try your hand with Lucky Trader’s NFT Price Prediction Challenge.
Each week, we’ll be giving away ETH prizes to the participant who is most accurate in predicting the weekly floor price movements for a selection of notable NFT collections.
Editor's Note: At this time, entries to this week's contest have been closed. Find the leaderboard below or here.
What Do I Need to Play?
All you need to play is an email address and an Ethereum wallet, no purchase or entry fee is required. The entry form will lock at 9:00 am ET on Monday, April 11 and the contest will end one week later at 9:00am ET on Monday, April 18.
Note: You may only enter the contest one time. Those who enter with more than one email or public Ethereum address will be automatically disqualified from the current contest and all contests moving forward.
How Does It Work?
Each week we'll create groupings of similarly priced NFT collections, or projects that share a common theme. With the groups selected, users can then try to predict which project from each group will have the largest floor price gain over the course of the next week.
In each group, a player must make three selections, ranked 1, 2, and 3.
These rankings correspond to the user's choice for the largest floor price gain, the second largest floor price gain, and the third largest floor price gain.
Based on the ranked choices provided, these rankings also act as a multiplier on the floor price movement of the selection:
- Rank 1: 3x multiplier on floor performance
- Rank 2: 2x multiplier on floor performance
- Rank 3: 1x multiplier on floor performance
For example, let's say that you think Bored Ape Yacht Club will have the largest floor price gain from our Heavyweights Category. Therefore, you select Bored Ape Yacht Club as your rank or choice 1.
With the 3 point multiplier for first choices, a 1 ETH gain for the Bored Ape Yacht Club floor will result in a three point reward. The second and third choices receive a 2x, and 1x multiplier respectively.
It is important to note, these multipliers are effective regardless of whether or not the floor price goes up or down.
Therefore, if you make Bored Ape Yacht Club your first choice, but the floor price decreases by 2 ETH. You will receive -6 points after the 3x multiplier is reflected. Choose wisely!
Each category is then scored individually, a change we've implemented after receiving feedback about our first contest.
Each category will receive a point allotment equal to the amount of entrants. If 100 people join the contest, each category is then worth 100 points. The person(s) who score the most points in the Heavyweight Category will then receive 100 points. The person in second would receive 99, and so on.
An entrants total points will be added across all categories to determine the winner!
What Do I Win?
At the end of the week long period, the Lucky Trader team will total all the points and identify a winner. In this week's contest, a prize of 0.05 ETH will be rewarded if there are less than 500 entrants. If we receive 500 entrants, the prize will move to 0.1 ETH. Remember, it's free to enter!
How Do I Enter?
Willing participants can enter using the embedded survey below, or by visiting the following link! Good luck!
Editor's Note: Entries have been closed at this time. Check back to play next week!
