Battle Of The Crypto Coins - NEW Competition - 1st Place - $50 Steem Dollar Prize, 2nd Place $25 SBD

I'm starting a new competition! It's called "Battle Of The Crypto Coins". There are SO MANY different crypto coins out there, along with a constant flow of new coins all boasting different and new features. A lot of of us on here dabble here and there trading/mining coins other than Steem, and I'm sure like myself have our own favourites that we are knowledgeable on, but it's impossible to know about all of the coins all the time.

With this in mind, this competition gives you all a chance to enter with your coin of choice, the winner not only being able to boast about being the most best and most knowledgeable crypto researcher/forecaster/trader but also winning some Steem Dollars in the process.

Here's how it works!

You don't have to have any actual crypto to enter this competition, the skill is being able to identifying the potential in coins, so all you need to do to enter is:

1. Identify your crypto coin of choice, with a link to it's page on something like coinmarketcap, for example -
   Xtrabytes (XBY) https://coinmarketcap.com/currencies/xtrabytes/

2. A brief explanation into why you have chosen it, for example - Xtrabytes developers think they may have found a solution to scalability issues.

3. Reply to this post with your entry by 20:00 GMT (19.00 UTC) this Sunday (27th August 2017)

4. To confirm your entry please upvote this post.

Here's an example of a perfect entry:

How the winners are chosen:

The winners are chosen by the coin with the greatest percentage increase. Just after 20:00 on 27th August I will log the price of your coins entry, and throughout the following week provide updates on who is making the best progress.

The finishing prices will logged at 20:00 (GMT) on Saturday 2nd October to decide that weeks winner.

PRIZES:

I understand that crypto coins are often long term investments, so here's where it get's interesting. There will be TWO different time durations that coins will be judged on.

1. A weekly prize of $50 SBD for the greatest percentage increase, and $25 SBD for 2nd place. (I'm hoping to be able to increase this in future competitions)

• You can enter the same coin each week, but please note that it is on a first come first served basis, once a person has claimed a certain coin others competitors must choose another coin.

2 ) A prize for the greatest percentage increase over the MONTH, to be judged at 20:00 on Sunday 24th September. I will begin a prize pool, and so donate a certain amount of upvotes from my weekly "Battle Of The Crypto Coins" posts, so the better this competition does, the greater the prize.

• Only coins entered by the 27th August will be entered for the monthly prize draw. If you miss this, you can still enter the weekly competitions.

Note: I am also going to do a Battle Of The Crypto Coins - 6 Month Competition, for entries judged over a 6 month period, with a prize pool based on upvotes (so hopefully huge) please watch out for updates on this.

I think this could not only be fun, but really interesting. By keeping up to date with these posts it will give people a chance to look into coins they may not otherwise had the time to find, and hopefully with everyone's pooled knowledge some of you will be able to make some informed trades. But mainly it will be fun. Also, as I said earlier, I'm also hoping to be able to increase prizes in the future if this competition gains some traction.

Thanks for reading, and I'm looking forward to seeing your entries.

Good luck.

@birdistheword

UPDATE:

Here are the entries so far:

arturomdg - Aethernity
chieppa1 - LISK
gingerninja - Litecoin
xervantes - NEO
adam9 - ripple
jackandchris - Korecoin
carrieallen - Basic Attention Token
revswim - TenX Pay
owenwat - CannabisCoin
ddot - Santiment SAN
reggaemuffin - STEEM
barcalogia - Siacoin
ddot - Ark