Are you a lightning-fast manual trader with great intuition and mastery of technical analysis?
Or do you prefer whipping up lines of code to give yourself the ultimate edge?
Introducing Man vs Machine: it’s time to pick a team and join the war.
The competition runs from May 27, 2020 to June 10, 2020, noon HKT.
Visit the Man vs Machine Competition Page, enter a weight class, and join your team (Man or Machine). On the start date, you can compete by trading on your Man vs Machine subaccount for that weight class.
Team Man or Machine?
Members of Team Man and Team Machine have different restrictions:
- Team Man can only place trades using the website or app
- Team Machine can only place trades using the API or Quant Zone
Each Weight Class has a specified dollar limit: the maximum you can transfer into your Man vs Machine subaccount for that weight class.
- Atomweight: $500
- LightWeight: $2,000
- Middleweight: $10,000
- Heavyweight: $50,000
You can enter multiple weight classes. Players in the same weight class are competing against each other, and prizes are awarded to each weight class.
Any winnings your Man vs Machine subaccounts holds over their deposit limits will count towards your team's score.
Examples: Suppose you enter the MiddleWeight bracket and join team Man.
- If you deposit up to the limit ($10,000) into your Middleweight Man vs Machine subaccount, and make trades that earn you $500, the value of your subaccount will be $10,500. You will contribute 500 points to team Man in the Middleweight bracket.
If you deposit up to the limit ($9,000) into your Middleweight Man vs Machine subaccount, and make trades that earn you $500, the value of your subaccount will be $9,500. You will contribute 0 points to team Man in the Middleweight bracket: $9500 is below the deposit limit of $10,000.
The highest-scoring traders in each weight class receive prizes based on the total volume traded by contestants in that weight class.
|Total Volume in Weight Class||1st Place Prize||2nd Place Prize||3rd Place Prize|
|$0 - $5,000,000||$1,000||$500||$250|
|$5,000,000 - $20,000,000||$2,000||$1,000||$500|
|$20,000,000 - $50,000,000||$3,000||$1,500||$750|
|$50,000,000 - $100,000,000||$4,000||$2,000||$1,000|
Example: Suppose that contestants in the Middleweight bracket traded a total of $51,000,000. Then, the highest-scoring Middleweight trader would receive a prize of $4,000, the second-highest $2,000, and so on.
In the end, either team Team Man or Team Machine will win. Whichever team has the highest total score, summed across all weight classes, will receive the Team prize: 20 FTT to each of the 50 highest-scoring contestants on that team, independent of weight class.
Community Engagement Prizes
We have a host of community prizes such as HTC Phones, Swag Packs and even FTT for the best contributing members within our Man vs Machine Group Chat - this can either be users who are the most enthusiastic, users who share their trades or just users who are the most helpful to others. This prize is solely discretionary based on the judgement of FTX staff.
Join the discussion here: https://t.me/FTX_MVM_Official