#SPOTtheMeme Contest Winners Announced - $500 in $SPOT Rewarded!

By ITofPub0x | Publish0x Contests | 22 Jan 2023


#SPOTtheMeme contest is concluded, and it's time to announce the winners! Instead of the planned $325 in SPOT rewards, we've increased the reward pool and have rewarded users with a total of $500 in SPOT, as follows:

  • 1x $50 in SPOT prize for the best meme!
  • 10x $20 in SPOT prizes for 10 great memes.
  • 1x Special $20 in SPOT Reward!
  • 20x (instead of 5) $10 in SPOT prizes to lucky meme creators who haven't won the top prize.
  • An additional 6x (instead of 5) $5 in SPOT rewards for sharing this post on Twitter (details below)!

Thank you to all of you who took part in this contest, by creating, sharing, or viewing the memes!

 

Here are the winners:

The Best Meme - $50 in SPOT Reward!

This interesting meme excels in it's simplicity. A well deserved win, congratulations!

 

10 Great Memes - $20 in SPOT Reward Each ($200 in SPOT Total)!

10 memes that are witty, funny, or to the point - congrats to the authors, you deserve the win! The winners are:

 

1x Special $20 in SPOT Reward!

This work of craftmanship is not a meme in a true sense, but it well deserved a reward!

  • The user who won the special reward is @Bho_Otak

 

20 Additional Winners - $10 in SPOT Reward Each ($200 in SPOT Total)!

We've originally planned to reward 5 lucky winners. However, there were many good submissions which we wanted to reward, so these were bundled in together with the lucky winners. Thus, a total of 20, instead of 5 rewards were given out.

 

$5 in SPOT Rewards to 6 Users Who've Shared the News About this Contest ($30 in SPOT Total)!

Thank you all who've helped the contents reach more people! We're rewarding a few of you for the effort. :)

 

How Were the Winners Rewarded? What if I Won and You Don't Know My Publish0x Username?

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We've contacted all of the winners to confirm their Publish0x usernames via Twitter DMs. We've already added rewards to the users whose Publish0x usernames we could find. Their usernames are in bold, and their Publish0x profiles are linked.

If you've won and your reward was not yet added, you can also comment under this post to confirm that you are the author of a winning meme, though we will also require verification via Twitter DMs.

How to withdraw the rewards?

In case you don't see your rewards, let us know in the comments or via [email protected]

 

 

A Reminder: What is SPOT?

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SPOT is a new token that is integrated for tipping on Publish0x!

$SPOT tokens are designed to follow the $AMPL price, but without exposure to the rebase. SPOT can be redeemed 1 to 1 for $AMPL tokens at any time on the Spot minting app.

$SPOT tokens are designed to follow the $AMPL price, but without exposure to the rebase, and can be redeemed 1 to 1 for $AMPL tokens at any time on the Spot minting app.

Spot is an inflation resistant store of value token which targets the 2019 $1 USD, built on top of the Ampleforth protocol. As a simplest possible explanation: Take your AMPL tokens, deposit them into the SPOT minting app > mint $SPOT tokens.

$SPOT tracks the price of $AMPL, but $SPOT does not rebase. You can redeem spot one to one for $AMPL via the SPOT minting app.

When you deposit AMPL tokens into the SPOT app, these tokens are split into 2 “tranches” (into two different tokens) of tokens, called a-AMPL and z-AMPL, at a 20% - 80% ratio. If you deposited 100 AMPL into the Spot app, you would get 20 a-AMPL tokens and 80 z-AMPL tokens.

  • A-AMPL tokens get turned into $SPOT (the new tipping token on Publish0x!), and again, these tokens DON’T rebase, and they are redeemable 1-1 for AMPL regardless of current AMPL price.
  • The Z-AMPL tokens do still rebase. Infact, they are essentially leveraged and represent the full initial amount of AMPL. In our hypothetical case in which we've deposited 100 AMPL into the Spot app, we would get 80 z-AMPL tokens and 20 a-AMPL tokens. While 20 a-AMPL (essentially SPOT) tokens do not rebase at all, the 80 z-AMPL rebases as much as the original 100 AMPL would rebase; essentially, z-AMPL is leveraged 1.25x the normal AMPL rebase.

 

Here is the full Spot info site and whitepaper: https://www.spot.cash/ 

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ITofPub0x
ITofPub0x Official Team Member

Publish0x Staff. Interested in Cryptos and Blockchain, Travel, Basketball and Hiking.


Publish0x Contests
Publish0x Contests

A blog where we announce contests (and contest winners) hosted by Publish0x. List of Official Publish0x Blogs to Follow: 1. Publish0x Updates: bit.ly/P0x-Updates 2. Publish0x Labs: bit.ly/P0x-Labs 3. Publish0x Contests: bit.ly/P0x-Contests 4. Publish0x Tutorials: bit.ly/P0x-Tutorials 5. Publish0x Emails: http://bit.ly/P0x-Emails

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