📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
### **1. Purpose & Context**
The message is a promotional invitation for a cryptocurrency trading competition (**WCTC S7**) hosted on the **Gate.io** exchange. It encourages users to join a specific team (**毅博避风港战队 / "Yibo Safe Harbor Team"**) to compete for a **shared prize pool of up to $5 million USD**.
### **2. Key Components**
- **Competition Details**:
- **Name**: WCTC S7 (likely "World Cup Trading Championship" or similar).
- **Prize Pool**: Up to **$5 million USD** (shared among teams).
- **Platform**: **Gate.io** (a cryptocurrency exchange).
- **Team Name**: 毅博避风港战队 ("Yibo Safe Harbor Team").
- **Incentives to Join**:
- **Financial Reward**: Opportunity to win part of the $5M prize.
- **Educational Value**: Daily live streams sharing trading strategies (likely to attract both beginners and experts).
- **Community & Teamwork**: Emphasis on forming a group to compete together.
- **Call-to-Action (CTA)**:
- Repeated links to join the team via Gate.io.
- Urgency ("Don’t hesitate any longer").
### **3. Psychological & Marketing Tactics**
- **Fear of Missing Out (FOMO)**:
- "Glory and wealth await the fearless!"
- "Change your destiny!"
- **Social Proof**:
- Implies many traders are joining (team-based competition).
- **Authority & Trust**:
- Mentions "professional live guidance" and "real-time trading secrets."
### **4. Potential Red Flags / Risks**
- **High-Risk Nature**:
- Crypto trading competitions often involve **high leverage, volatility, and potential losses**.
- The $5M prize pool may be **split thinly** among many participants.
- **Affiliate Link**:
- The URL includes `?ref=BFlAVF9f`, suggesting the poster earns referrals.
- **Unverified Claims**:
- "Change your destiny" is hyperbolic; trading is risky, not a guaranteed success.
### **5. Who Is This Targeting?**
- **Crypto traders** (both new and experienced).
- **People seeking quick profits** (lured by the $5M prize).
- **Community-oriented participants** (team-based competition).
### **6. Should You Join?**
✅ **If you**:
- Already trade on Gate.io and want to participate in a competition.
- Understand the risks of crypto trading.
- Want to learn from live trading sessions.
❌ **Avoid if**:
- You’re a beginner with no risk management knowledge.
- You’re expecting guaranteed profits (competitions are highly speculative).
- You’re uncomfortable with referral-based recruitment.
### **Final Verdict**
This is a **legitimate Gate.io competition**, but it carries **high risk**. Always:
1. Research the competition rules.
2. Never invest more than you can afford to lose.
3. Be cautious of overly optimistic promises.