Robinhood is hosting a two-day contest on its app, offering contestants more than $2 million in prizes in Bitcoin and Dogecoin.
Contest Details
The first day of the contest began for US users on March 5 at 4:45 PM ET, featuring 12 questions on finance and crypto. Participants had 10 seconds per question. The $1 million prize was split between those who answered all questions correctly. Day two is exclusive to Gold members.
Technical Issues and Complaints
Many participants faced technical problems, such as freezing timers and incorrect answer displays. Affected users criticized the trivia for being unfair. Some couldn't even start due to glitches.
The Future of Robinhood Trivia
Robinhood's VP of Products mentioned the event could be a one-time occurrence, watching the event's outcome before deciding further. Additionally, the company's stock increased by 2.27% on NASDAQ in the last 24 hours.
Robinhood successfully drew significant attention to its platform, despite some technical difficulties. It's the first attempt at such events, and participants eagerly await the company's next moves.
