ByPick Season 1: Free picks to earn points towards sharing a 100,000 USDT prize pool!
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- Stablecoins
Bybit launched the ByPick event platform with a 100,000 USDT prize pool, and the platform covers cryptocurrency, sports, and esports with prediction-based rewards. The campaign uses points, streak challenges, and seasonal leaderboard rankings, while the points themselves have no monetary value and cannot be withdrawn or transferred.
Key claims & sources
What it means
Users who join ByPick will notice a free prediction format tied to points, streak challenges, and leaderboard rankings. The points do not have monetary value and cannot be withdrawn or transferred, while the event is connected to a 100,000 USDT prize pool. This changes what participants can do inside the platform, but the points themselves remain non-cash items.
Before this launch, there was no ByPick event platform described here with free picks across cryptocurrency, sports, and esports. Now the described activity is centered on predictions and seasonal rankings rather than on redeemable points. What stays the same is that the campaign points themselves are not cash-like and cannot be moved out of the system.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 42 days ago | Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance event | 1 actors in common · 7 news media |