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HomeCrypto NewsMarketSpendTheBits Teams Up with Genfinity for XRP Giveaway

SpendTheBits Teams Up with Genfinity for XRP Giveaway

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As part of the preparations for the Chainfinity event scheduled for June 29, Genfinity presents an opportunity for users to win $100 in XRP.

Generation Infinity (Genfinity), a web3-focused digital media educational resource, is giving out XRP worth $100 to prepare for its upcoming Chainfinity event. SpendTheBits, an XRPL-based payment platform for Bitcoin and other crypto assets, sponsor the recent giveaway.

Genfinity announced the development in a recent tweet, further presenting the conditions necessary for users to enter the giveaway scheme. These conditions include following the official SpendTheBits account and filling out an entry form.

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At XRP’s current value of $0.49, $100 worth of the asset stands at 204 tokens. Citing ambitious price forecasts from XRP community influencers, Genfinity touted this as an opportunity to claim XRP tokens poised to hit $120 million in the future.

King Solomon, CEO of Genfinity, also called public attention to the giveaway scheme. He acknowledged SpendTheBits’ contribution to the scheme and emphasized that this is the first of several upcoming prizes associated with the Chainfinity event.

In addition, King Solomon further touted the ambitious predictions that the procured XRP tokens could be worth $120 million in the future. However, this projection remains an attempt at humor and should be taken with a pinch of salt.

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The Chainfinity Event

The recent giveaway is associated with Genfinity’s Chainfinity event scheduled to hold on June 29 at 10:00 (EDT) or 14:00 (UTC). Chainfinity is an online event that aims to educate crypto proponents and create awareness across various crypto ecosystems. 

The event features informative panel discussions that conclude with giveaways, rewards facilitated by participating projects, and entertaining activities. Additionally, it presents an opportunity for cross-chain communities to accrue rewards for active participation.

Announced a few weeks back, Genfinity touts Chainfinity as “The Ultimate Giveaway Event.” Notably, the event is expected to present an opportunity for proponents to procure rewards in tokens, Metaverse lands, and crypto tokens.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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