Steemit Crypto Academy Contest Season 2 Week 1 - How Cryptocurrency has Shaped the Financial Realm. What is Its Future?

2개월 전

Introduction

We are glad to welcome you back to the first week of the Steemit engagement challenge in the Academy after a few weeks' break. It's time to light up the game again and we hope you are well prepared for another set of contests prepared for yet another unique season of the challenge. We have prepared a contest in the Academy today which is centered on cryptocurrency, its innovation, and the future.

Contest Theme- How Cryptocurrency has Shaped the Financial Realm. What is Its Future?

The word cryptocurrency is not a new financial concept in the world and most importantly, our dear users in the Academy and Steemit at large. The currency has brought a lot of innovations into the financial realm and shaped it to the convenience of users in the ecosystem beyond a few benefits of the conventional financial industry. We have lots of them in the ecosystem, each serving different purposes, and varying values.

Though, cryptocurrency has many benefits from its unique characteristics which ease its usage for different purposes of choice yet it has its downsides, some of which are highly disastrous in investment while some have minor effects. The healthy interaction of users in the ecosystem in most cases is determined by how much they have mastered the operation of these assets and proper risk management.

In addition, cryptocurrency has not been legally adopted in many countries of the world with many governments standing against its operation, well many have come to a resolution that it's not genuine. And the downtrend that was experienced in the cryptocurrency markets recently opened room for more distrust in crypto assets. What do you think of cryptocurrency and its future?

What is Expected in the Contest?

  • Users are expected to briefly give an overview of cryptocurrency.

  • Draw a comparison between cryptocurrency and conventional currencies.

  • Explain the distinctive innovations of cryptocurrency and its downsides.

  • How do you think major problems with cryptocurrency can be handled? Let this be a response to the downsides highlighted earlier.

  • Do you believe in the future of cryptocurrency? State your reasons. Any Recommendations?

  • Contest Guidelines

    • Post your articles in the Steemit Crypto Academy community. The participation time is between Monday, June 6th, 2022, 00:00 UTC to Sunday, June 12th, 2022, 23:59 UTC.

    • The article should be at minimum 500 words. You can write more. Your article must be free of any form of plagiarism.

    • Your article title should be Steemit Crypto Academy Contest / S2W1 - How Cryptocurrency has Shaped the Financial Realm. What is Its Future? by @username. Add the tag #cryptoacademy-s2w1 and other relevant tags.

    • Participants must be appropriately following #club5050 or #club75 or #club100.

    • The community moderators would be leaving quality assessments on your articles and probable upvotes.

    • In addition, your article must get at least 10 upvotes and 5 valid comments to count valid in the contest, so ensure you interact with other users' entries. Do not be involved in vote-buying.

    Rewards

    • SC01 would be checking on the entire 7 participating communities and upvoting outstanding content. Upvote is not guaranteed for all articles. Kindly take note.

    • At the end of the week, we would nominate top 3 users that had performed well in the contest and they would be eligible for votes from SC01/SC02.

    Important Notice: The nomination of the top 3 users in our community is not based on performance alone, it includes their general engagements (quality and quantity of their interactions with other users' articles). Also note that generally, you can only make one post per day in the Steemit Engagement Challenge.

    Conclusion

    In conclusion, we look forward to seeing your wonderful entries in the contest and how well you have understood the subject of the contest. Our moderators would be attending to your entries, give grades based on your performance and upvote you (not guaranteed). Thank you for participating in advance. Best of luck to you all.

    Cc:-
    @steemitblog

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    ·

    Thank you so much for inviting me for this contest. Best of luck dear friend for this contest.

    I shall participate in this contest ☺️.

    ·

    We await your participation and wish you the best.

    ·

    Post your articles in the Steemit Crypto Academy community. The participation time is between Monday, June 6th, 2022, 00:00 UTC to Sunday, June 12th, 2022, 23:59 UTC.

    Greeting friend, the instruction is to post between monday - sunday. Take note, so your entry doesn't get disqualified.

    Una buena oportunidad para indagar y conocer más sobre nuestras criptomonedas.
    Seguro de que habrán muchas buenas participaciones.

    Saludos.

    ·

    Saludos amigo, esperamos ver muy buenas participaciones en esta temporada y sobre todo que muchos puedan afianzar el conocimeinto aquirido y otros tener un mayor conocimiento de este ecosistema.

    Saludos y bendiciones

    Inicia un nuevo desafío en la cryptoacademy en la sesión 1 logré completar las 4 tareas, logrando aprender un poco más sobre el tema de las criptomonedas. Ahora inicia la sesión 2 y espero dar la talla. 1_20210401_152726_0000.png

    ·

    Esperamos que esta temporada también puedas completar las 4 tareas, esperamos tu entrada.

    Saludos y feliz noche

    This contest is a wonderful contest. It will give steemians the opportunity to give their view on the future of cryptocurrency. We all shall as well learn from other people's articles. Nice one!

    Hello sirs can I participate as well ?

    Thanks for another engagement contest

    Your post was upvoted and resteemed on @crypto.defrag

    Amazing,
    I think this is best contest and I hope we will see amazing and outstanding content in this contest and I hope we will learn many news things in this Contest.
    Good luck guys

    Superb contest organized by the team of the Steemit Crypto Academy, as past. Will be really helpful for many of the users, especially outsiders of the academy.

    Greetings.

    ·

    That's the aim of the contest, @steemdoctor1, to onboard new participants to get used to the ecosystem. Even the beginner of beginners can participate in this with proper research. We hope to see you participating in this. Thank you.

    ·
    ·

    Yes it is a really nice contest.

    Assalamoalaikum
    Sir, I recently make the post and when i posted the Post disappear from my Recent post after 2 minutes but i already shared it with one of my friend so when i click on the link of my post this message appears.

    Screenshot_20220608_122938.jpg

    Link to my post

    Kindly tell me what is the problem.

    Woww, pronto haré mi participación ♥️

    ·

    We look forward to seeing your entry. And I wish you the best.

    ·
    ·

    Graciasss, espero hacerlo bien.

    This is an interesting development I must say.

    They was even use of justification in this text🕺

    ·

    Thank you. We hope you'd make an entry into the contest. Good luck.

    Thanks for sharing such knowledge with us!!!

    I will try to join this contest 😊

    Assalamoalaikum,

    Here is my entry

    Link

    Amigos les dejo el link de mi participación para que lo puedan visitar, Feliz tarde a todos saludos ☺️

    Steemit Crypto Academy Contest || S2-W1 || How Cryptocurrency has Shaped the Financial Realm. What is Its Future? || @minikay || #steemburn25