The all-new heavy-hitter product MGBX Prediction Market is now officially live!
The first phase coincides with the world-renowned FIFA World Cup, and we have prepared a 6-week "Prediction Carnival". Whether you are a football expert or a wide-ranging forecaster, participating in predictions gives you a chance to win generous USDT cash rewards!
Event 1: First Prediction Bonus — Win Without Barriers
During the event period, users who try the MGBX Prediction Market for the first time and complete their first Buy order with a single transaction amount of ≥ 10 USDT will receive a 2 USDT cash reward.
Event Rules:
- Limited Quota: Available to the first 500 eligible users on a first-come, first-served basis.
- Risk Control: Each device and IP address may claim the reward only once. Any attempt to abuse the promotion through bulk account registrations or similar methods is strictly prohibited.
Event 2: World Cup Prediction King Leaderboard (Weekly Rewards)
Back your favorite team and act decisively! This leaderboard only counts "World Cup" related betting events. The system will rank users based on their weekly valid trading volume in World Cup prediction markets, and the top 10 users each week will receive generous cash rewards!
Event Rules:
- Market Scope: Only World Cup related prediction markets are counted.
- Transaction Type: Only "Buy" and "Sell" actions are included; settlements after event conclusion are excluded.
- Trading Volume Calculation: Weekly valid trading volume = Buy amount + Sell amount.
- Settlement Cycle: Rankings are calculated and rewarded independently each week.
Event 3: Prediction Master Leaderboard (Weekly Rewards)
This leaderboard covers all types of prediction markets across the platform (not limited to World Cup). As long as you trade actively across multiple markets, you can compete for the Prediction Master title!
Qualification: Users must participate in ≥ 3 different prediction markets and reach a weekly total valid trading volume ≥ 100 USDT.
Event Rules:
- Market Scope: All prediction markets are included, not limited to World Cup.
- Participation Requirement: Users must participate in ≥ 3 different prediction market categories per week.
- Trading Volume Requirement: Weekly total valid trading volume ≥ 100 USDT.
- Ranking Criteria: Ranked by descending total weekly valid trading volume.
Event Schedule
The campaign consists of 6 independent leaderboard periods, including a warm-up stage and a finals stage. Each leaderboard is calculated and rewarded separately.
*All times displayed are SGT UTC+8
Risk Control Statement and Disclaimer
To ensure fairness, MGBX will conduct strict risk-control reviews on all user trading activities:
1. Strict Prohibition of Cheating and Arbitrage:
It is strictly forbidden to use a single account or multiple accounts for two-sided bets (hedge arbitrage), bulk register accounts, self-trade, or use programmed APIs for high-frequency trading to obtain rewards and rankings.
2. Severe Penalty Mechanism:
Once abnormal trading or behavior affecting fairness is detected, MGBX has the right to immediately disqualify the participant, clear all trading volume and rankings, revoke rewards, and, depending on severity, restrict withdrawals, freeze accounts, or confiscate illicit gains.
3. Reward Distribution Conditions:
All leaderboard and event rewards must pass the platform's risk-control review before distribution. MGBX reserves the final right of interpretation regarding event rules and abnormal trading behaviors.