OKX and Lifeform Launch Cryptopedia Season 5 with $300,000 LFT Prize Pool

OKX, a prominent crypto exchange and Web3 technology company, and Lifeform, a decentralized digital identity solutions pioneer, have jointly launched Season 5 of Cryptopedia, OKX's crypto education platform. The new season, which runs from August 3, 2023, at 04:00 (UTC) to August 17, 2023, at 04:00 (UTC), features a prize pool of $300,000 in Lifeform Tokens (LFT) for over 11,000 participants.

The initiative includes five online "OKX quests" - DEX, NFT, DeFi, Discover, and Lifeform - that users must complete using the OKX Wallet. These quests are designed to encourage users to explore and learn about the wide array of DApps available on the OKX Wallet. The quests cover various aspects of the crypto ecosystem, including decentralized exchanges, non-fungible tokens, decentralized finance, and more.

The prize distribution for the participants is as follows: First Prize of $2,000 in LFT to one winner, Second Prize of $500 in LFT to 20 winners, and Third Prize of $25 in LFT each to 11,520 winners. Participants can download the OKX App, create or import a wallet, and navigate to Cryptopedia: Learn to Earn to access the interactive page and choose the DApp they want to interact with.

Specific quests include transactions on various networks, including Ethereum, BNB Chain, OKTC, Arbitrum, Optimism, Polygon, Conflux, and Fantom. The terms and conditions apply and can be found on the OKX website.

OKX is a leading global technology company driving the future of Web3. Its comprehensive suite of products includes the OKX Wallet, a cross-chain decentralized exchange (DEX), a multi-chain NFT Marketplace, and a powerful DeFi platform. OKX has partnered with top brands and athletes, including Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

The company recently launched a global brand campaign entitled, "The System Needs a Rewrite," advocating for a new paradigm led by Web3 self-managed technology to replace existing centralized systems. OKX believes in challenging the status quo and building innovative technology products.