Dear Users,
About NEWS
$NEWS, the native utility token in the PUBLISH ecosystem, serves as a vital component for transactions within PUBLISH applications. Initially distributed through methods like Initial Exchange Offerings (IEO) and private sales, $NEWS operates on the PUBLISH chain, a blockchain media mainnet. Its primary role is to incentivize and facilitate various interactions among key stakeholders in the news media industry.
The token economy involves publishers, editors, and news content consumers. For news content producers, staking $NEWS when submitting articles ensures commitment to quality, and successful publication results in token rewards. Editors stake tokens for qualification, and successful edits lead to a share of advertising revenue in $NEWS tokens. Consumers stake tokens to leave comments, and engagement is rewarded through responses and "likes." The system promotes active and meaningful participation across the community.
$NEWS distinguishes itself through a decentralized content governance model, ensuring fairness and preventing abuse. The participant reputation system empowers token holders in decision-making, fostering a balanced approach to content management. The token's value lies in its ability to create economic viability for publishers, distribute rewards fairly, and encourage active community engagement. By addressing challenges like declining print sales and increasing digital competition, $NEWS stands as a cohesive element driving the sustainability and dynamism of the PUBLISH ecosystem.
$NEWS is set to be listed on BingX Exchange, providing users with the opportunity to trade the token conveniently through the NEWS USDT pair. Comprehensive analyses, including price estimations, token valuation, investment considerations, and other relevant insights, will be made available on the NEWS Price Analysis Tool. Users looking for guidance on purchasing this cryptocurrency can refer to the step-by-step instructions provided in the How to Buy NEWS Coin guide.
BingX has partnered with the NEWS team in the following events to celebrate the NEWS listing. Join and share a prize pool of over $20,000! The details are as follows.
Event Time: 2023-06-06 10:00 - 2023-06-11 10:00（UTC）
🎁 1. Deposit NEWS and Get 10% Cashback: Share 723,730 NEWS!
Users with a net deposit of ≥ 25,000 NEWS (about 100 USDT) during the event period will receive 10% cashback and share 723,730 NEWS prize pool!
- Capped at 25,000 NEWS for each participant, with limited quantity. First-come first-served basis.
- Users must complete a minimum NEWS/USDT trading volume of 300 USDT during the event to be eligible for the rewards.
🎁2. Join the NEWS Trading Contest, Share 2,000,000 NEWS!
The top 100 participants in terms of NEWS/USDT Spot trading volume will share 2,000,000 NEWS!
| Ranking | Reward (NEWS) | NEWS/USDT Min. Trading Vol. |
| 1 | 800,000 | 50,000 |
| 2 | 400,000 | 20,000 |
| 3 | 240,000 | 10,000 |
| 4 - 10 | 80,000/person | 5,000 |
🎁 3. Trade to Earn: Share 500,000 NEWS!
During the event period, participants need to achieve a minimum NEWS Spot trading volume of 300 USDT to be eligible to share 500,000 NEWS. The amount of NEWS rewards each eligible user can receive is proportional to their NEWS/USDT Spot trading volume during the event.
🎁 4. Exclusive for New Users: Share 500,000 NEWS!
The first 500 new users with a net deposit of at least ≥100 designated cryptos during the event period will equally share 500,000 NEWS!
- Share a prize pool of 500,000 NEWS on a first-come, first-served basis.
- Designated cryptos: USDT, USDC, BUSD
- New users must complete a minimum NEWS/USDT trading volume of 100 USDT during the event period to be eligible for the rewards.
🎁 5. BingX & PUBLISH Giveaway: 500,000 NEWS Airdrop!
- 200 winners will be selected at random to share the prize pool of 500,000 NEWS!
- Event link 👉 Coming soon
👇How to Get the Airdrop?
- Follow @BingXOfficial on Twitter
- Follow @Publish on Twitter
- Join BingX Official Telegram
- Join PUBLISH Official Telegram
- Retweet the event
- Provide your BingX UID to receive NEWS Airdrop
Note: Rewards will be valid only if BingX fam finishes all the tasks above.
🎁 6. Play the Coinfall Craze in BingX's 5th Anniversary Celebration & Share the 1,200,000 NEWS Airdrop!
👇How to Get the Airdrop？
Once the event begins, simply click the link below to play the Coinfall Craze game and get FREE NEWS. Don't miss out!
https://bingx.com/en-us/act/5th-anniversary/future/niversary
Reward Details
- Net deposit = total on-chain deposits - total on-chain withdrawals.
- Please note that users can only enjoy rewards from either Event 2 or Event 3 if they participate in both events.
- Spot trading volume = Buying + selling (excluding self-dealing). The cumulative Spot trading volume only counts the trading volume of the designated Spot pairs for this event, trading of other Spot pairs which are not mentioned will not be included.
- All rewards will be issued within 7 working days after the event. Please make sure that your net deposit meets the requirements during the time of reward issuance as the system will validate your eligibility at that time.
- BingX reserves the right to the final interpretation of the event. Users involved in unfair activities to get rewards will be disqualified.
Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
BingX Operation Team
2023-05-23
