Changes in prize claiming rules

19 May, 2020

Due to the increased fraudulent activity, we’re introducing new prize claiming rules for the first-place winners. Starting today, to claim the prize, the winners (1st place) of Drag Trade, Futures Trade, Rally Trade will be required to record and send us a video review instead of providing written answers to our interview questions.

The rules are effective for all contest rounds starting from May 18th, 2020.

Why have we changed the rules?


As you may know, to claim the 1st place prizes, it has been a requirement to give a written interview with your answers to the questions such as how you became a trader and how you managed to win the round. These interviews are very important to our clients, as they motivate to continue participating in the contests and strive for victory, or to try one’s hand in them for the first time, since people need to see real examples of people who get $200, $500, or $1000 in a trading contest thanks to their skill. This motivates traders like you to improve!

However, it has become more frequent that scammers steal the winner’s identity and even send the answers to our interview questions, in violation to the effective rules and trying to take advantage of the real participants. That’s why we have decided to introduce new rules that would prevent such situations. Now every winner who takes the 1st place will be required to record a video review with the story of their winning round.

The winner will be able to claim their prize after we identify the speaker as the account owner.

Furthermore, we’re convinced that the ability to see the real winner in the flesh will bring the new, higher level of trust in our company’s contests.


Video review requirements

  • The video review must meet the following criteria:
  • The participant’s face must be clearly visible;
  • The speech must be intelligible;
  • Video review must be structured in accordance with the questions that we send to your email;
  • The review must follow a narrative logic;
  • Required length: 1 to 10 minutes

The video must be recorded in your native language and sent to info@grandcapital.net.


Source  
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