Events in the crypto world can be both exciting and controversial. While some argue they're a great opportunity to engage with the community and potentially win big prizes, others question their legitimacy and effectiveness. It's important to weigh the pros and cons before deciding to participate in any event.
That being said, there have been notable success stories of individuals who have participated in crypto events, particularly those organized by exchanges. From winning substantial amounts of crypto to landing rare NFTs, the potential rewards can be significant.
Speaking of events, noticed a cex organizing an initiative called 'Spin the Wheel' where participants have the chance to win a share of a $150,000 pool. It's a fun and easy way to potentially earn some crypto rewards. No trading required, just a simple spin & hope to God you're in luck. Anyone tried this kinda exercise? Did you win anything?
The trick is to attract users from different services, they also understand that being able to collect service fees from users is always an area that brings in a lot of money at the stage of price increases.
But from the perspective of participants, there are many scams that are also created, like some people can take advantage of the amount of data to perform KYC and receive preferential payments in events. I know some people in the space where they own hundreds of bybit CEX accounts and participate in events where the chances of getting rewards are almost as great. But that is only a small part of the period when the market increased prices with many different marketing activities that we know about.
