1. Purpose of the Competition

The Mosaic Alpha platform is launching the Token Basket Manager Competition to encourage the participation of new basket managers and increase platform activity. The competition will assess participants based on the performance of the token baskets they create.

2. Competition Period

The competition starts on October 12, 2024, and ends at 11:59:59 PM on December 31, 2024. Any token baskets created during this period are automatically entered into the competition, with no need for separate registration.

3. Eligibility

All registered basket managers on the Mosaic Alpha platform who create a new token basket during the competition period are eligible to participate.

•Basket managers can create multiple token baskets, and each basket will be considered as a separate entry in the competition.

However, each basket manager is eligible to win only one prize, even if they have multiple top-performing baskets.

4. Evaluation and Prizes

After the competition ends on December 31, 2024, the token baskets’ performance will be evaluated based on the returns they generated by midnight on that date.

The top three baskets with the highest returns will be ranked as follows:

• 1st place: $30,000 worth of Kodexa tokens
• 2nd place: $15,000 worth of Kodexa tokens
• 3rd place: $5,000 worth of Kodexa tokens
  
  

In the case where a basket manager has more than one basket in the top 3, the manager will only receive the highest prize, and the other prize(s) will be awarded to the next highest-ranked baskets managed by different individuals.

5. Prize Distribution

The prizes will be distributed in Kodexa tokens, based on the value at midnight on December 31, 2024.

Kodexa tokens will be manually distributed in January 2025, with a three-month vesting period.

Each basket manager is eligible for only one prize, regardless of the number of top-ranking baskets they manage.

6. Additional Conditions

The organizer reserves the right to modify the competition rules at any time, and participants will be notified through the platform.

Participation in the competition does not grant participants any rights beyond those explicitly mentioned in these rules or any rights to additional claims regarding Kodexa tokens.

Any disputes arising from the competition will be governed by Mosaic Alpha’s general Terms and Conditions.

By creating a Token Basket on the Mosaic Alpha Platform during this period, you accept the terms and conditions of the Basket Managers Combine.

7. Jurisdiction

All rights and obligations related to the competition are subject to the jurisdiction under which the Mosaic Alpha platform operates.