Starting this Thursday, February 10th, at 9:00 AM PT the Thrifty Trader Challenge returns! Players will compete by selling properties (Fiat or UPX) in Los Angeles throughout the weekend in an attempt to make the most efficient sales possible. Players who place in the top 200 on the Thrifty Trader Leaderboard will be awarded the exclusive “LA Trader” Block Explorer! Each player will be scored based on a few core metrics:
Note: Only players on the Selling side will be scored for this contest. Players will earn no points for making a savvy purchase and properties acquired via swaps will not count.
Rewards
Trading 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. As such, the top 200 players with the highest Efficiency Values will receive the brand new “LA Trader” Block Explorer alongside some UPX! Winning in the Thrifty Trader Challenge is the only way to acquire this Block Explorer, so don’t miss your shot to grab one of your own. In addition, players who place in the Top 100 will also win Spark as a reward! Details below.
The Thrifty Trader Leaderboard
For the very first time, the Thrifty Trader Leaderboard will be displayed right inside of the Upland app, which will make it much more accessible to all participants. In addition, players will not have to register for this challenge, and will be automatically scored on every trade they conduct in Los Angeles, so trade wisely! The Leaderboard does, however, still require manual updates, so scores will be updated periodically throughout the competition.
Making Efficient Trades
Each one of these stats will influence every player’s overall Efficiency Value for the duration of the contest. This value is a weighted function of these three metrics. 15% of the score is derived from the Trading Volume, 15% from Trading Diversity, and 70% from the player’s Profit Margin. Only players who have a strong performance in all 3 categories will top the leaderboard. The goal of this competition is to reward players who are savvy marketplace traders, regardless of their Upland status. All players, large and small, have a realistic chance to win.
Note: These parameters will not change for this current iteration of the Thrifty Trader but they are subject to change in the future.
If you’re seeking trading partners, we recommend checking out the #bsts-los-angeles channel in Discord. Only trades taking place in Los Angeles will be counted for this contest.
Mitigating Fraud
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, go show your fellow community members how Thrifty you can be!
