On the 9th of October, Uquid embarked on an enlightening journey, teaming up with our esteemed partners at Beldex to host an exceptional Ask-Me-Anything (AMA) session. This event was particularly special as it marked the unveiling of our innovative Shopping Race campaign, with the chance of winning 10,000 $USDT in the prize pool. The discussion was both in-depth and comprehensive, ensuring all aspects of the campaign were explored.
For our community members who couldn’t join us live, or for those eager to revisit the highlights, we’ve put together a detailed recap. From the origins of the partnership to the intricate mechanics of the Shopping Race, we delved deep, answering questions and sharing insights. Our commitment to transparency and community engagement meant that no stone was left unturned, ensuring our audience received a holistic understanding of this exciting new venture.
Missed the live session? No worries! Rehear the entire AMA discussion HERE!
The session was not just a formal discussion; it was a lively interaction that reflected the synergy between Uquid and Beldex. Both teams, passionate about enhancing the user experience and pioneering in the crypto-shopping realm, shared their visions, goals, and the roadmap ahead.
The Vision Behind the Shopping Race
Uquid and Beldex are excited to introduce a shopping experience like no other, merging cutting-edge Crypto Payment tech and an unparalleled E-commerce shopping aura. We’re not just talking about a competition; the Shopping Race is a curated immersion for both digital and physical shopping aficionados.
Delving Into the Details: AMA Insights
- Token Voucher Eligibility: Any user with a Uquid Account ID at uquid.com or shop.uquid.com is welcome to the Race. By participating, you get more than just shopping; it’s an experience, an evolution, and a celebration of ShopFi.
- How the Rewards Play Out: We’re laying out rewards that cater to all — from the top spenders to those who add a dash of luck. From being among the top 20, 50, or even 100 spenders, there’s something for everyone. Rewards are based on the total Shopping Volume of each Uquid Account ID during the Racing Challenge.
- The Lucky Draw’s Mechanics: For those not in the top 100, there’s still a slice of excitement. Engage in the Shopping Race and stand a chance to win in our Lucky Draw pool. But remember, the top spenders are excluded from this pool.
- After the Race: Once the Shopping Race ends, digital shop rewards will be dispatched within 7–10 working days, and for the physical shop, it’ll be within 15–18 working days post-delivery.
- Our Target Community: This campaign beckons all crypto enthusiasts and Uquid users eager to combine DeFi prowess with shopping excitement.
- Future Endeavors with Beldex: We’re always innovating and brainstorming to bring fresh, user-centric campaigns your way such as Black Friday, Christmas, and other festive holiday seasons to celebrate with our community.
- The Big Picture: The Shopping Race campaign is a testament to our commitment to redefining the shopping experience, making it more rewarding, immersive, and innovative.
Highlighted Questions
Q1: How does the Shopping Race reward work, and what are the different reward tiers for the top spenders?
Mrs.Hana:
The Shopping Race rewards come in three exciting highlights, each has its own unique reward structure.
Token Vouchers Highlight:
- In this segment, we’ve set up a reward pool of $5,000.
- Eligible users who fall into this category will each receive a $0.5 equivalent BDX token voucher as their reward.
Racing Pool:
- This part of the campaign is where users engage in a friendly competition to secure a spot among the Top 100 spenders.
- The prize pool for the Racing Pool is $4,000.
- Rewards in this category are determined by the total Shopping Volume of each Uquid Account ID. This calculation takes into account all transactions made during the Racing Challenge period.
Lucky Draw Pool:
- Those not in the top 100 ranks can still earn from a special $1,000 prize pool for 100 winners.
- Participate in the Shopping Race and retweet the campaign for lucky draw eligibility.
- Winners are notified post-campaign; rewards distributed within days based on shop type.
- Uquid can verify participants, alter terms, and disqualify fraudulent activities.
So, as you can see, there are multiple avenues to win and a variety of rewards waiting for participants in the Shopping Race. It’s an exciting opportunity with something for everyone, and we can’t wait to see who emerges as the top spenders and lucky winners!
Q2: Could you clarify the ranking system in the Racing Pool? How can users check real-time transaction volume in this race?
Mrs. Hana:
Of course, let me clarify the ranking system for the Racing Pool and explain how users can keep track of real-time transaction volume in this thrilling race:
The Racing Pool is the heart of this campaign, offering an exhilarating opportunity for all participants. Here’s how our rewards scheme works:
- The top 20 users who achieve the highest total purchasing volume on Uquid Shop using $BDX during the Promotion Period will be eligible to share the reward pool of up to $2,000. The minimum spending requirement to qualify for this pool is $100.
- Moving on, the next top 30 users who reach the highest total purchasing volume on Uquid Shop using $BDX during the Promotion Period will have the chance to share the reward pool of up to $1,200. In this tier, the minimum spending requirement is $50.
- Finally, the next top 50 users who achieve the highest total purchasing volume on Uquid Shop using $BDX during the Promotion Period will be eligible to share the reward pool of up to $800. To qualify for this pool, users need to meet a minimum spending requirement of $20.
It’s important to note that these rewards are based on the total Shopping Volume of each Uquid Account ID, calculated for all transactions made within the Racing Challenge period.
Absolutely, to stay updated on your real-time transaction volume and find all the essential information regarding terms and conditions, you can visit our Blog Announcement post.
*Note: The real-time top 1000 rankings will be based on Uquid accounts, not individual users
It’s your one-stop destination for all the details you need to know about the Shopping Race campaign. We’ve made sure to provide everything you need to enjoy the race and have a shot at those fantastic rewards!
As for checking real-time transaction volume in the race, you can keep an eye on our platform to see how you’re doing and where you stand in the rankings. It’s all about the thrill of the chase and the excitement of the competition!
Q3. Could you elaborate on the eligibility criteria for users to receive the token voucher reward?
Mrs. Hana:
Certainly, let’s break down the eligibility criteria for users to receive the token voucher reward:
- These token vouchers are distributed on a “first-come, first-served” basis, which means they’re available to the earliest users who qualify.
- The reward is limited to the first 10,000 eligible users. In other words, once we reach this limit, the token vouchers won’t be available anymore.
- Each eligible user has the opportunity to receive a maximum of one token voucher, valued at $0.5 in BDX, during the Racing Period.
- To be eligible, users must have a verified Uquid Shop account. This means they’ve successfully registered for an account.
- Additionally, users must complete an order using $BDX tokens to qualify for these token vouchers.
So, it’s a race to secure your spot among the first 10,000 eligible users and enjoy this rewarding token voucher!
Q4: How can users know if they’ve won a prize in the Lucky Draw, and how will they be notified?
Mrs. Hana:
Users who are eligible for Lucky Draw rewards will receive notifications via email within 3–5 days after the conclusion of the Shopping Race. This email will inform them about their prize, ensuring they are promptly informed about their winnings.
We want to make sure our participants are well-informed and excited about their rewards!
Q5: Can you explain the timeline for users to receive rewards after the Shopping Race campaign ends, both for digital and physical shops?
Mrs. Hana
Let me clarify the timeline for users to receive their rewards after the Shopping Race campaign concludes:
For Digital Shop:
- After sending out the reward notification email, Uquid will automatically distribute the rewards to the winners’ Beldex wallets.
- This distribution process will take place within 7–10 working days after the Shopping Race comes to an end.
For Physical Shop:
- Similarly, after sending the reward notification email, the rewards will be automatically distributed to the winners’ Beldex wallets.
- However, in the case of physical shop purchases, this distribution will occur slightly later, specifically within 15–18 working days after the delivery date of the products.
- It’s important to note that if a user places multiple orders, the reward distribution period will be calculated from the date of the last order placed.
So, users can expect their rewards to arrive within these timelines, depending on whether they’ve made digital or physical shop purchases during the campaign.
A Word of Appreciation
Beldex, our esteemed partner, envisions a world where data exchanges are private and secure. From ensuring the privacy of individual transactions to a plethora of secure and confidential dApps, Beldex is a beacon in the world of crypto.
A massive shoutout to everyone who tuned in for the AMA. Your enthusiasm drives us. To those gearing up for the Shopping Race — best of luck! Let’s keep innovating and transforming the ShopFi space.
For more details and regular updates, ensure you follow Uquid and Beldex on our official channels.
About Beldex
Beldex’s mission is to provide a private environment where data can be exchanged securely. The project is focused on individual safety and true privacy with systematic research to ensure the privacy of individual transactions, thus the safety of users and the security of their funds are a priority.
BDX operates on the Beldex decentralized blockchain for performing secure and anonymous peer-to-peer (P2P) transactions, while the ecosystem supports secure and confidential dApps, among them: BChat, BelNet, Beldex Browser, the Beldex privacy protocol, and the Beldex bridge. Initially, Beldex was developed on a PoW architecture followed by PoS integration to increase the scalability of the BDX token, lower fees, and reduce transaction times.
Website: https://beldex.io/'
Twitter: https://twitter.com/BeldexCoin
About Uquid
Launched in 2016, Uquid pioneers in applying DeFi and Web 3.0 to E-commerce that aims to bring the best Shop to Earn experience to customers with verified merchants, exclusive deals, cashback, and Payin3 with Crypto.
Throughout the years, Uquid still keeps its fantastic performance with continuous growth and the best effort to upgrade its store following the official Roadmap. With the largest selections of over 160 million physical, digital, and NFTs products listed and comprehensive shipping services to over 200 countries and territories around the world, Uquid is confident in serving any demand of customers in the Metaverse
Telegram: https://t.me/uquidcoinofficial
Twitter: https://twitter.com/uquidcard
Facebook: https://facebook.com/uquidcard
Medium: https://medium.com/@uquidcoin
Blog: https://shop.uquid.com/blog
Website (Digital product):https://shop.uquid.com
Website (Physical product): https://uquid.com
Website (General): https://uquidcoin.com
Website (NFT): https://nft.uquid.com
