Nearly 100,000 people signed up, Gate WCTC S6 set a new global record for the series

Original source: Gate

In June 2024, Gate launched the 6th World Cryptocurrency Trading Competition (WCTC S6). It is reported that the series of events lasted for about two months and ended recently. Data shows that this event attracted nearly 100,000 participants, setting a record. This data reflects the high attention of global users to cryptocurrency trading from the side, and at the same time, it also shows the huge appeal of the new event model in the market.

The number of participants surged: nearly 100,000 people signed up, setting off a global trading boom

The total number of applicants for this WCTC S6 event reached 90,290, setting a new record. Among them, the team competition attracted 25,799 participants, and the 1v1 King PK competition became the most popular event with 85,855 applicants.

Data comparison: The number of applicants for the six events has increased several times, and the influence of the event has increased year by year

Compared with the data of previous events, the surge in the number of applicants for WCTC S6 is particularly noteworthy. From 4,056 applicants in the first event to 90,290 today, the number of applicants for the six events has increased at a rate of multiples:

The above data shows that with the increasing popularity of cryptocurrency transactions and the innovation of the event model, the influence of the WCTC event is also steadily increasing, attracting more and more global users.

Interpretation of the innovative model: Short, flat and fast 1v1 PK competition detonates the market

In this event, the 1v1 King Showdown segment attracted attention for its compact competition design. This session adopts the "2 hours 1 round" mode, which aims to reduce the time investment of participants while maintaining the tension and fun of participation in the game.

The participation threshold of the event is set at 100U, and such a low threshold helps to attract more users to participate. This design strategy is also competitive in current competitions.

In terms of rewards, the 1v1 PK competition has a "100%" reward mechanism. Participants who meet the standards can receive cash rewards or other forms of prizes, such as lucky bags and customized peripherals. This strategy has greatly improved user participation and enhanced the overall attractiveness of the event through a high return mechanism.

On the other hand, the event allows users to sign up for team competitions and PK competitions at the same time, providing participants with a variety of ways to participate. In addition, the red envelope rain event throughout the event greatly improved the user's interactive experience and added an extra entertainment element to the event.

From an industry perspective, by continuously innovating competition models and increasing user participation, the user-centric and interactive Gate WCTC series of competitions may bring more inspiration to future cryptocurrency trading activities and promote the entire industry to develop in a more diversified and popular direction.

This article comes from a contribution and does not represent the views of BlockBeats

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