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Gold Fest Season 2 wraps up with a $1.5 million prize pool

Gold Fest Season 2 wraps up with a $1.5 million prize pool

George Tsagkarakis 2 min read
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Gold Fest (official site) Season 2 ended on 1 November. This season the event was a standalone mining game on Telegram called Gold Fest: The Game. Claims for Season 2 opened on 5 November, and players who collected Gold Points can now start their claim in the Gold Fest app.

Season 1 of Gold Fest was an event inside the GAMEE app. For Season 2, GAMEE built a custom mining game and released it as its own Telegram mini-app on 20 August. The game is fronted by a mascot called Nuggy. Players dug through an underground mine, completed tasks, hit distance milestones, opened reward boxes and worked through a Season Pass. All of that raised their share of the season’s prize pool.

How the prize pool reached $1.5 million

The pool was $1 million at launch and rose to $1.25 million over the season. The last $250,000 depended on a single weekend event called the Digathon.

nGRND, the Gold Fest sponsor, said it would add that $250,000 if players dug a combined 25 million metres in 48 hours. Depth tasks paid 100x rewards during the weekend. Players reached the target, and the pool hit $1.5 million, three times the size of the Season 1 pool. Hitting the target also started The Golden Shower, a week of extra giveaways and rewards.

Prizes beyond Gold

The season’s draws and giveaways also handed out physical and digital prizes:

  • Nine Gold Telegram Gifts
  • A Play Solana Gen 1
  • An iPhone 17
  • AirPods Pro 3
  • A Plush Pepe worth $10,000

GAMEE says 5,195 players won at least one draw prize across the Season 2 draws and giveaways.

How the Season 2 claim works

To claim, players need an nGRND Digital Soul-Bound Token (DSBT), which is available in the Gold Fest app. Gold Points convert to $NUGS in a separate app called Dig It (official site). $NUGS then converts to $GOLD, and $GOLD can be converted to staked NGRND in the nGRND Gold Protocol Staking & Rewards Ecosystem. Players have to go through Dig It to claim their $NUGS before it converts to $GOLD.

The announcement does not give a value for $NUGS, $GOLD or NGRND, and token prices can move. GAMEE says nGRND will publish the token details. GAMEE has also hinted at another project but has not announced a game, a date or a Season 3.

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George Tsagkarakis

George Tsagkarakis, known as Staycalm4now is a professional author in the crypto gaming industry since early 2018. He has experienced all the growth of Blockchain Gaming and helped multiple projects achieve their goals and established a player base. He is the co-founder of egamers.io and now the Founder and owner of CryptoGames.gg He is also the COO of MyStage, an…

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