[UPDATE 3.3.23]
Below is the São Paulo Thrifty Trader Leaderboard. Remember, all property sales and purchases in São Paulo occurring between Friday, March 3 at 9 AM PT and Tuesday, March 7 at 9 AM PT will qualify for the Thrifty Trader Challenge.
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[UPDATE 3.2.23]
Due to technical difficulties, we need to postpone the São Paulo Thrifty Trader Challenge by 24 hours. The new start time for this event is Friday, March 3 at 9 AM PT. We're currently working to resolve these issues to ensure a smooth experience. We appreciate your understanding and continued support.
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It's time to get thrifty, São Paulo! The Thrifty Trader Challenge has arrived, and it's your chance to prove your trading skills on the streets of São Paulo! Starting Friday, March 3 at 9 AM PT, players will compete to reach the top of the leaderboard by showcasing their trading skills through buying and selling properties in São Paulo. The top 200 players on the leaderboard will receive the "São Paulo Trader" Block Explorer, as well as other rewards such as UPX and Spark.
All Uplanders will receive an Efficiency Value to rank their performance during the Thrifty Trader Challenge. All property sales and purchases in São Paulo occurring between Friday, March 3 at 9 AM PT and Tuesday, March 7 at 9 AM PT will qualify for the Thrifty Trader Challenge.
Each Uplander’s Efficiency Value is a composite of their performance relative to others on a few core metrics:
Note: *30-day moving averages only consider days when a trade occurred. Only the previous 30 “trading days” are measured.
Each one of these metrics influences Efficiency Value for the duration of the contest. This value is a weighted function of these three metrics, with 30% of the score derived from the Relative Profit Margin, 30% from Relative Purchase Value, 20% from Trading Volume, and 20% from Trading Diversity.
Additionally, since scoring is now based on performance relative to others (in essence, percentile rank on each metric), Efficiency Values may change at the end of the challenge if players are banned and removed from the challenge due to fraudulent activity. Trading activity will be reviewed at the conclusion of the challenge; we will announce when the leaderboard is finalized.
Only Uplanders who have a strong performance in all four categories will top the leaderboard. The goal of this competition is to reward Uplanders who are savvy marketplace traders, regardless of their Upland status. All Uplanders, large and small, have a realistic chance to win.
Note: Players on both the Sell-side and Buy-side will be scored for this contest. Properties acquired via swaps will not count.
Acquiring properties is one of the fundamental activities in the Upland metaverse, so we wanted to make sure there’s plenty of opportunity to win a lucrative prize. Everyone in the Top 200 receives the brand new “São Paulo Trader” Block Explorer! Check it out!
The player who reaches the top of the leaderboard with the highest Efficiency Value will be rewarded with an impressive prize of 250,000 UPX and 0.4 Spark! But that's not all. Even players in the Top 100 will also win UPX and Spark, so there's plenty of chances to score big. And even if you don't make it into the top rankings, don't worry - those who place 101 to 200 will still receive some UPX to reward their efforts.
Winning in the São Paulo Thrifty Trader Challenge is the only way to acquire this Block Explorer, so don’t miss your shot to grab one of your own. Reward details can be found in the table below.
Note: Rewards from the Thrifty Trader Challenge will be delivered a few days after the end of the challenge.
It’s to be expected that some players will attempt to take advantage of this type of competition to push themselves up the leaderboard. Be advised that we will be monitoring player activity very carefully. Any players suspected of fraudulent behavior will be subject to review by our data team. Offenders will be disqualified from the competition.
Please take note that this contest is still a work in progress, and we’ll be carefully monitoring the results to improve the competition in the future.
Now, it is time to get ready to impress your fellow Uplanders with your savvy spending!
