I believe that the competition was a huge marketing fail. With the amount of money spent on it and value of rewards being distributed, the entries we had were underwhelming. The value of rewards given out to individuals were huge and pretty much everyone who entered won, including duplicators (good on them:ok_hand:) and many entries got multiple rewards as we had more rewards than entries
I’m not complaining since the investors all won but the pitch was to bring in thousands of new investors.
I’ve seen gleam competitions with six figure entries for $10 airdrop competitons for unheard of tokens with no real product but our gleam entities just had a few thousand entries for much larger rewards hosted by a established protocol
The survey results also showed that a majority of us are old investors (over a year) so we’ve just hosted the biggest giveaway on the entire bsc ecosystem and still can’t attract new investors let own enough entities for a multiple free gleam airdrop.
How we only have around 1000 Venus users staking in the vault managing 3 Billion is unbelievable too especially after the competiton.
The conclusion I draw from this is that Venus has an awful reputation and not even free giveaway are enticing people to engage with us. What we have is mostly just old investors holding huge losses and most of us can no longer afford to keep buying the dips & nothing we’ve tired so far has been successful in attracting new users.
So I believe to help clean up our image we should promote the winnings of the competition. Many people got multiple rewards exceeding $1000, some even higher. That’s huge so let’s market it on Twitter. We’ve become the most generous protocol on bsc by hosting the biggest competition ever with the largest individual reward distribution. The winners should be celebrating so let’s promote these winners so we can show the wider crypto community that the giveaway was real and prove wrong and all those that didn’t trust us and missed out.
So if you can, thank Venus for your prizes, maybe even share how much you won in total and hashtag #MissionToVenus on Twitter