Hedgehog Markets — Beta Launch Competition

Details, Prizes & more!

Competition Period: April 15, 2021(12PM ET) — May 10, 2021(12AM ET)

Hello Hedgehogs,

We are excited to share the details of our Beta Launch Competition! The competition will run for a limited time during our devnet beta and will feature a $10,000 USDC Prize Pool + Limited-Edition Collectibles.

Sign up for devnet tokens will close at 9:30PM ET April 14th, 2021. https://hedgehog.markets/! Devnet tokens will be distributed by the beginning of the competition — every user who signs up will be airdropped 10,000 sHOG (Hedgehog stablecoins on devnet)!

If it’s your first time trying a Solana application, don’t worry — in the coming days, we’ll share a User Guide with step-by-step instructions on setting up a Solana wallet and placing a trade on our devnet platform.

Competition Terms and Conditions:

1. By participating in the beta launch competition, participants acknowledge that they are competing with devnet tokens which do not have any monetary value and cannot be sold or claimed for any value.
2. The Hedgehog Markets team determines the final interpretation of the competition events. Hedgehog may determine users’ noneligibility to participate if it discovers overly disruptive behavior or violations to the terms of use. Hedgehog reserves the right to modify the terms of this competition.
3. USDC rewards will be distributed within 30 days of competition end. The Hedgehog Markets teams will contact each winner for their USDC address.

Total Prize Pool: $10,000 USDC

Overall ROI Leaderboard Prizes: $4,000 USDC

• 🏆1st Place: $1,800 USDC
• 🥈2nd Place: $1,000 USDC
• 🥉3rd Place: $500 USDC
• 🏅4th-10th Place: $700 USDC Split ($100 Each)

Winners will be determined based on overall profit during the beta launch competition. This will be calculated as a user’s Hedgehog Devnet Portfolio Value divided by the initial principal ($10,000 sHOG) on the end date and time of competition.

The individual with the highest devnet return on principal at 12:00AM ET on May 10th, 2021 will win 1st Place; the individual with the second highest devnet return on principal at 12:00AM ET on May 10th, 2021 will win 2nd place, and so on.

Bi-Weekly ROI Contest: $3,000 USDC Total ($1,500 bi-weekly)

• 🏆1st Place: $500 USDC
• 🥈2nd Place: $300 USDC
• 🥉3rd Place: $175 USDC
• 🏅4th-10th Place: $525 USDC Split ($75 Each)

Winners will be determined every two weeks based on percentage trading gain since the start of the bi-weekly period (noted below). The Period 1 Leaderboard will close on Monday April 26 at 12:00 AM ET and a new Period 2 Leaderboard will be created.

• Period 1: April 15 to April 26 (12:00 AM ET)
• Period 2: April 26 to May 10 (12:00 AM ET)

Creativity Contest: $3,000 USDC Total

• 🏆1st Place: $1,000 USDC
• 🥈2nd Place: $750 USDC
• 🥉3rd Place: $400 USDC
• 🏅4th Place: $250 USDC
• 🎖️5th-10th Place: $600 USDC Split ($100 USDC each)

This is an open call to all hedgehogs interested in making memes and contributing to the community through their creativity! This might also be a path to working more closely with the Hedgehog team ;)

Who can participate? Anyone and everyone is encouraged to join in on celebrating hedgehogs, the speed of Solana, decentralized finance, and prediction markets. Be as original as you like!

What type of format is acceptable? We welcome all forms of creative expression including dank memes, illustrations, videos, written word, music, and/or merch!

How to enter? Share your submission on Twitter using the hashtag #HedgyHogs & tag us at @HedgehogMarket. Please also share your submission in our #🎨creative-contest Discord Channel. We are primarily focused on the quality of your work so followers, likes, and retweets will not affect your submission.

Important Dates: Submissions Open Now!! & Close on May 3rd (12:00 AM ET)

How does judging work? The Hedgehog team will review all submissions and will select our favorite 10. Then, we will share the 10 finalists for our Discord community to vote on! 1 reaction = 1 vote and the most votes will win! Community voting will be hosted between May 4th — May 10th (12:00 AM ET)

One last thing…

We will also reward early adopters of and contributors to the Hedgehog platform with limited-edition beta launch collectibles. Keep an eye out on our Discord & Twitter for more information on how to participate!

About Hedgehog Markets

The mission of Hedgehog Markets is to provide direct, veritable, and open access to the wisdom of crowds. Hedgehog Markets was founded by George Yu, a former Google and Oscar Health engineer. Interested in exploring ways to better predict future events, and noticing a lack of user-friendly ways to do so, building a decentralized prediction markets platform became a natural extension of that interest. Hedgehog Markets was built alongside e^{i} Ventures (EIV), a venture studio focused on DeFi and decentralized applications. Learn more about Hedgehog at https://hedgehog.markets and on Medium.

For press inquiries, please reach out to media@hedgehog.markets

Disclaimer

Creativity Contest Entrants will retain copyright of all submitted work but grant Hedgehog Markets unlimited and indefinite permission to display, and non-exclusive perpetual license to reproduce, submitted creative works on/in Hedgehog’s website, digital or print collateral, display images, and/or any additional promotional materials, presently and in the future.

The information provided in this Medium Post pertaining to Hedgehog Markets (“Hedgehog”), its crytpo-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Hedgehog and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Hedgehog expressly disclaims any and all liability that may be based on such information or errors or omissions thereof.

Hedgehog reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof.

The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose.

Neither Hedgehog nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, Hedgehog undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.