- Summary:
- Flipster has shown strong growth, and its user numbers have risen five-fold and its trading volume grown by over 4,000% in six months.
Cryptocurrency trading platform Flipster has launched ‘The Dragon’s Treasure’, its final campaign series for the year. The Flipster-themed event has a prize pool worth up to 1 million USDT, will run over a period of seven weeks and will feature an initial nine trading competitions. Flipster has been running other incentive-based campaigns, which can earn new users up to 175 USDT worth of bonuses at the time of writing.
Inside Flipster’s “The Dragon Treasure”
The Dragon’s Treasure features weekly challenges, each of which forms part of a seven-chapter story series. Inspired by pop culture, the series’ storytelling borrows heavily from popular digital entertainment options and is designed to enhance users’ trading experience. Ultimately, the aim is to capture the attention of the platform’s target user demographic.
In designing the series, the Flipster team has injected the Flipster community’s unique culture. Backstories for each chapter are curated from relatable characters in the Flipster world. Furthermore, each chapter ushers in a new tournament with a new character and world.
The first competition, which kicked off on November 13th, 2023 was named Chapter One: The Lucky Bear. It saw users compete for a share of 25,000 USDT prize pool and created a buzz that around it that attracted many traders to the platform in subsequent weeks. Since then, more characters have been revealed, and the prize money has also increased progressively.
The campaign is currently in Chapter Five: A Charming Elephant, which has a prize pool of up to 100,000 USDT and scheduled to conclude on 17 December 2023. That means that only two more weeks of tournaments remain for the year before the campaign ends with a grand final, which will see participants win record prizes.
Promising prospects built on a strong start
Flipster has proven its strength in a competitive crypto market characterized by scintillating runs and high-profile bearish drama. The exchange has absorbed the pressure and sustained a monthly user growth rate averaging over 500%, to record a 4,000% growth in trading volume. This has seen Flipster grab the attention of the crypto world by establishing itself as one of the fastest-growing exchanges.
CEO Yongjin Kim says, “We are deeply committed to excellence and innovation at Flipster and take nothing for granted. I am proud of the team’s performance and thrilled with how this translates into our impressive numbers.”
Having gained traction at the height of the bear market in June 2023, there’s every reason to believe that the derivatives trading platform could record even greater growth numbers as we approach the much-awaited Bitcoin halving event in April 2024.