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GLMillionaiRe: Moonbeam's 1 Million GLMR Prize Tournament

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by Giorgi Kostiuk

2 hours ago


The GLMillionaiRe tournament organized by Moonbeam Foundation, N3MUS, and Sao Mai Games has launched with a prize pool of 1 million GLMR. The tournament features rewards for top players and an accessible entry for new users.

Format and Features of GLMillionaiRe Tournament

The GLMillionaiRe tournament will take place from August 21 to 28. Participants can play the Moondrop mini-game with a small entry fee of 10 GLMR. Key features of the tournament include:

* Onchain handling of entry, scoring, and rewards. * Intuitive registration through the Sequence wallet. * Gas-free gameplay for participants.

"GLMillionaiRe is more than just a contest; it’s an experiment in onchain gaming at scale," said Sicco Naets from Moonbeam.

Opportunities for Spectators and Participants

In addition to players, spectators can also engage in the tournament through Moonbeam Foundation’s partnership with OddsHub, an onchain prediction platform. Spectators can place bets on:

* Who will achieve the highest score in the end. * Final match scores. * Other preset predictions.

This initiative aims to involve a wider audience in the competitive process.

Security and Tournament Mechanics

GLMillionaiRe is designed with transparency and fairness in mind. Important security aspects include:

* Use of Moondrop smart wallets via social login. * Strict measures against multiple account creation. * Wallet funding checks to prevent sybil attacks. * Fair Play Policy governing participation.

Winners will receive their prizes in monthly installments over 10 months, and all entry fees will be recycled into future prize pools.

The GLMillionaiRe tournament represents a significant step in the development of the Moonbeam ecosystem, offering innovative formats and measures to ensure fair and active participation from both players and spectators.

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