Events

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June 28, 2024

Portkey Crypto Fest — $2,200 Worth of Reward Pool, with Crypto Gift for Grabs EVERY DAY

Win valuable crypto assets by completing quests, claiming gifts, and even by sending your own!

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Portkey and Project Schrodinger are thrilled to announce the Portkey Crypto Fest, a unique opportunity for you to earn exciting crypto rewards while engaging with our communities! Starting June 30, the fest runs for an exhilarating 10 days and features a total of $2,200 worth of crypto giveaways.

The event comprises 3 major parts:

  1. Claim crypto gifts containing USDT, ELF, SGR that will be sent out every day — $1,000.
  2. Complete quests on Galxe to earn points and win grand prizes — $1,000.
  3. Receive rewards for sending your own crypto gifts — $200.

Key Takeaways:

Time: June 30 — July 9

💰 Prize Pool: $2,200 worth of crypto

🪙 Rewards: USDT, ELF, SGR

🎁 3 Steps to Join:

  • Claim daily crypto gifts every day, totaling $1,000
  • Complete Galxe quests and share an extra $1,000
  • Send your own crypto gifts and receive additional rewards worth $200

Claiming Crypto Gifts Containing USDT, ELF, SGR

Utilising the newly launched crypto gift feature, Portkey will give out valuable crypto assets to our communities. Each day from June 30 to July 9, $100 worth of crypto assets will be sent and shared with you on the channels below. Everyone is welcome to click and claim!

Time: Every day, June 30 to July 9

📍Channels: X (Twitter) | Telegram | Discord

💰 Rewards: $100 per day, in USDT, ELF, SGR

🏆 Winners: Random number of users

How to Claim Crypto Gifts:

Video tutorial:

1. Stay Updated:

Keep an eye on Portkey’s social media channels for the daily crypto gift links shared across X (Twitter), Telegram, Discord

2. Claim Quickly:

Open a crypto gift link and click the “Claim Crypto Gift” button to check its status. If not fully claimed or expired, you’ll be allocated a share. Then, tap the “Sign up to Receive” button to sign up or log in to receive crypto assets in your Portkey account.

If you see “Create a new Portkey account to claim” under the button, this means you must create a new account to claim the gift. Otherwise, you can choose to log in to your existing account for crypto receiving.

Since each gift is valid for 20 minutes upon opening, you need to act quickly to receive it before it expires!

3. Watch the Countdown:

If you see an interface suggesting “Unclaimed gifts may be up for grabs! Try to claim once the countdown ends”, it means there is currently no gift available. But don’t worry, you still have a chance to claim the gift if others fail to “Sign up to Receive” before the gift expires. Just wait until the countdown reaches zero and try your luck again!

4. Manage Your Assets:

After claiming the gift, install the Portkey App/extension to manage your assets conveniently.

Completing Galxe Quests for Grand Prizes

During the crypto fest, Portkey sets up quests on Galxe to ensure everyone has a fair chance to get involved, regardless of whether you have claimed daily crypto gifts. Completing these quests will earn you points. The more quests you complete, the more points you accumulate. After the quests come to an end, the top point accumulators during this period will share $1,000 worth of cryptocurrencies.

📍 Platform: Galxe

💰 Rewards: $1,000 in ELF, SGR

🏆 Winners: Top point accumulators

📒 Quest Types:

  1. Start Here quest that lasts throughout the fest. Quests include following X, joining communities, and following Galxe space. Complete all the quests once to earn 50 points.
  2. Daily crypto gift quest that’s published every day after the crypto gift is sent. Quests include retweeting, clicking today’s crypto gift link, and submitting your wallet address. Each daily quest lasts around 24 hours, and you can earn 20 points each from these daily quests.

Regardless of whether you have successfully claimed crypto gifts, you can participate in Galxe quests. At the end of the campaign, participants with the most points will share a reward pool worth $1,000.

Sending Crypto Gifts for Rewards

In addition to the crypto gift giveaway and Galxe quests, Portkey is also launching a program that rewards users who send their own crypto gifts containing qualified assets. This is a great way to explore the crypto gift feature and share the joy of gifting with others!

Time: June 30 — July 9

🪙 Rewards: $200 in ELF, SGR

🏆 Winners: The 10 users whose gifts are claimed by the most users.

📒 Requirements:

  • The crypto gift needs to have “New Users Only” enabled.
  • The crypto gift should contain any of the qualified assets, including ELF, USDT, SGR.

How to Send Crypto Gifts:

Video tutorial:

1. Install Portkey:

Ensure you have installed the Portkey App/extension.

2. Sign Up or Log In:

Follow the provided instructions to sign up or log in.

3. Create a Gift:

Click the red gift icon on the home screen and tap “Send Crypto Gift” to create your own gifts.

4. Customise Gift:

Customise settings including the total quantity, type of asset, and asset amount.

  • Ensure “New Users Only” is turned on.
  • When choosing the asset type, select any of the following types, ELF, USDT, SGR.

5. Share the Link:

After the crypto gift is created, share the generated link across social media or with friends. Track the status of your gift on the crypto gift page. Keep track of your gift-sending activity and ensure your gifts are claimed to boost your chances of winning.

Important Notes:

  • Adjustability: The number of claimers and winners in crypto gifts or Galxe quests are adjustable to ensure fair distribution.
  • Eligibility: Follow all rules and complete tasks accurately to be eligible for rewards.
  • Fair Play: We trust our community to participate honestly. Any malicious behavior detected will result in disqualification.
  • Distribution: Rewards will be distributed after the event ends.

Join the Fun!

This is a perfect opportunity to explore Portkey’s crypto gift feature and earn exciting rewards. Start claiming and sending gifts, complete Galxe quests, and climb the leaderboard to maximise your winnings!

Let’s make this a memorable event together.

Happy gifting and good luck!

𝕏 X | 🎮 Discord | 💬 Telegram | 🏠 Website | 💻 Youtube

Author Image
Portkey
WalletWhy It Stands OutSupported Assets
Coinbase- Publicly-listed on the Nasdaq stock exchange- Holds your assets in a 1:1 ratio and does not repurpose them200+ cryptocurrencies, including BTC, ETH, XRP, and SOL
OKX- Supports 300+ cryptocurrencies and NFTs across multiple networks- Available as a mobile or desktop app, and browser extensionBTC, ETH, XRP, SOL, and 300+ more cryptocurrencies, along with NFTs on Ethereum, Solana, BASE, and more
Crypto.com App- Rewarding if you hold and build a cryptocurrency portfolio over time- Nifty features like Crypto Earn and Recurring Buy help you grow your holding easilyMore than 350 cryptocurrencies, including BTC, ETH, XRP, and SOL
Trust Wallet- Very wide range of assets- Available as a mobile app and browser extensionOver 10 million cryptocurrencies and 600 million NFTs from Bitcoin, Ethereum, Solana, Cosmos, and more
MetaMask- Can be used to complement your main Web3 wallet- Perfect for ownership of Ethereum-based tokens and NFTsAny asset on the Ethereum blockchain
Exodus- Over 100,000 cryptocurrencies supported- Buy any of them within the Exodus walletMore than 100,000 cryptocurrencies and NFTs across 16 blockchains
Ledger Stax- 5,500+ cryptocurrencies and NFTs supported- Certified Secure Element chip to shield it from online attacks5,500+ cryptocurrencies and NFTs
Trezor Safe 5- A compact device at 23g with a 1.54-inch touchscreen- Supports over 1,000 cryptocurrencies, and has a CC EAL6+-certified chipOver 1,000 cryptocurrencies, including BTC, ETH, XRP, and SOL
SafePal S1 Pro- Slim and sleek, with a 1.3-inch colour screen to show your holdings- Can be paired with the SafePal Wallet app and browser extension to grow your portfolio30,000 cryptocurrencies and more across 100+ blockchains
ZKPsMultisig WalletsTEE
StrengthsZKPs provide wallet owners with security and privacy at one goMultisig wallets are hassle-free and secure; easy to implement for any group or organisationTEEs allow Web3 wallets to achieve a similar level of security as hardware wallets
WeaknessesTransacting parties need to interact multiple times. It’s not ideal for non-real-time applications.Transaction costs are higher due to the multiple signatures – and gas fees – needed. Transaction speeds are lower too.Cannot be easily implemented for software-based Web3 wallets as it is operating system-dependent
Wallet TypeHardware WalletBrowser ExtensionMobile App Wallet
Pros- Offers the best security for Web3 digital assets- Many brands and models to choose from- You can conveniently add it to your web browser- It doesn’t take up much storage space on your PC- You can access your assets from anywhere- You can easily transfer assets between apps
Cons- You risk losing your assets when you lose the device- The cost can be prohibitive for some- Susceptible to security breaches if your browser is compromised- Functionality may be limited for some- Vulnerable to similar security breaches as browser extension wallets- You also bear the same risk of losing your assets if you lose your mobile device
Web2 PhishingWeb3 Phishing
MethodPurely reliant on offline or Web2 platforms. For example, phone calls, SMSes, publishing fake websites, etc.Utilises a mix of Web2 and Web3 platforms. For example, hackers impersonating a key opinion leader or deploying malicious smart contracts.
PurposeTo steal cash, personal information, and sensitive data.To steal digital assets and sensitive data, and control Web3 projects.
ProsCons
MPC wallets are incredibly safe thanks to their novel security mechanism.There are relatively fewer MPC wallet solutions available, as compared to multisig wallets.
MPC wallets provide you with more flexibility in managing your assets, especially if it’s a wallet for institutions or investment groups.MPC wallets appear easy to use on the outset, but they still require a level of technical expertise and cryptography knowledge.
MPC wallets greatly reduce the risk of a single point of failure.MPC wallets can take slightly longer to execute transactions because its security mechanism is fairly resource-intensive.
MPC wallets are highly decentralised, adhering to cryptocurrency’s core principles.You’d still need to manage each private key fragment carefully. After all, each one is crucial to forming the full key.