Siren launches a 20,000 USDT plaza essay contest, what's the catch?
Today, I’m sure everyone has noticed a sudden surge of articles about Siren in the plaza, with bizarre and varied titles that make people curious to click and explore.
The reason behind this is that Siren has initiated a plaza essay contest, and the rewards are quite generous. There are 10 first prizes with a reward of up to 800 USDT, and even the third prize is 240 USDT. Such generous rewards are not inferior to those VC projects that casually claim to have over a billion in investments.
In the public's conventional impression, meme coins often just represent a simple meme, and their prices quickly plummet to zero. These types of projects rarely have reliable teams behind them, and even if they do, the teams might run away later, claiming community takeover, and are unlikely to hold any essay contests.
Regarding the recent 20,000 USDT plaza essay contest initiated by Siren, the initial reaction of the pirate ship was: are these people just too rich with nowhere to spend? But upon careful consideration, it turns out this move is not simple!
This essay contest is akin to Siren loudly proclaiming in the plaza: “I am not the same as those ordinary meme coins, come see how impressive I am, the backing capital is solid!”
On one hand, it brings them closer to users, allowing users to feel the warmth of Siren; on the other hand, it showcases its own strength, as if hinting: “I can be so generous with distributing coins, I must have the money to support it!”
It must be said that spending this 20,000 USDT is quite worthwhile. It not only achieves the effect of publicity and promotion, making the community atmosphere lively, but also helps to identify some “loyal fans,” which can be considered a triple benefit. Siren's move is indeed very shrewd!
If it can ultimately build a broad consensus, then Siren's goal of occupying a leading position in AI on the BNB Chain will be secure.
