Crypto exchange Bullish is launching a 7-week private pilot program, as a crucial step toward the Bullish exchange’s general rollout in 2021. The private pilot, which uses simulated crypto assets and paper money, is allowed to gather vital feedback from participants.
The Bullish trading interface and Hybrid Order Book will be available to a selected group of invited retailers. The pilot participants will be able to use services like spot trading, margin trading, to earn through Bullish Liquidity Pools.
A total of $525,000 in cash prizes to three qualifying players who compete in the featured paper trading games is offered. There will be a pot of US$175,000 in each game, with a top prize of US$100,000. The winners of the 2nd and 3rd places will receive US$50,000 and US$25,000, respectively. If a winner is found to be ineligible, the prize money will be donated to charity.
The private pilot started running from July 27, 2021, to September 13, 2021, and will be open for testing to invited users where permitted.
Bullish is a New York-based early-stage consumer investing firm. Peloton, Casper, Harry’s, Warby Parker, Care/Of, Function of Beauty, Hu Chocolate, and Sunday Lawn are among the current and previous investments.