Mysten Labs' Winter Quest Strategy, Prizes, and More
Mysten Labs has recently launched Winter Quest on the X platform, introducing an opportunity for users to receive up to 1,000,000 gifts valued at 500,000 SUI.
The eligible activities for earning these rewards involve interaction with DeepBook, Hyperspace, SuiMint, and SuiFrens on the blockchain.
Winter Quest
The rewards, referred to as "presents" by Mysten Labs, come with a daily reset cycle.
Each present holds a random amount of SUI.
Progress and earning quotas reset every 24 hours at UTC 00:00, with the actual distribution of presents occurring at UTC 01:00.
SEE: Mysten Labs' Winter Quest Scoring Logic
While the Winter Quest is open to everyone, SuiFrens holders are granted a special privilege—a 15% multiplier on top of the standard reward structure, providing them with an enhanced opportunity to accumulate presents.
Participants also have the option to trade presents on Hyperspace, offering a unique avenue for engagement within the Sui community and potentially devising strategies for optimizing rewards.
Winter Quest will conclude once all available presents have been distributed.
Mysten Labs
Founded by five former Facebook engineers, Mysten Labs was founded two years ago under one simple dream - to simplify online money transfers, including cryptocurrencies, making the process as straightforward as basic online communication.
Mysten Labs closed a successful $300 million fundraise, reaching a valuation exceeding $2 billion.
The company has backing from significant entities in the Web3 space, including Andreessen Horowitz's a16z crypto unit, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures.
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