As the fingertips glide across the screen and the registration button is clicked, the name of an ordinary crypto user quietly joins the competition of nearly 20,000 people. This is not a selection for traditional race car drivers, but an intense competition taking place on a digital asset trading platform. On June 12, the “Red Bull Racing Tour” launched by Gate exchange ignited the market, with nearly 20,000 users rushing in, aiming for the lucrative prize pool worth 5000 GT and the ultimate glory - a precious seat at the F1 Grand Prix.
This event is far from a simple trading ranking game; behind it is a three-layered intricately designed participation engine:
This “pyramid-like” structure cleverly covers the full spectrum of users from experienced traders to blockchain beginners, allowing participants at different levels to find their own track and form an organic rise closed loop. Data shows that similar tiered activities can increase new user conversion rates by more than 20%.
The core breakthrough of this marketing by Gate lies in achieving a triple value resonance:
This composite incentive model of “digital assets + physical rights + cultural symbols” is transcending the thin dimensions of traditional airdrops or trading rebates. When users compete for F1 tickets, their behavior has evolved from mere profit-seeking to a pursuit of a certain lifestyle and community identity. A report from the blockchain analysis platform DappRadar indicates that the user retention rate for activities that integrate physical rights is 47% higher than that of pure token incentives.
It is worth noting that this feast named “racing” actually focuses on the field of contract trading. Against the backdrop of the approval of spot ETFs and the acceleration of the compliance process, the contract market has become a key battleground for differentiated competition among exchanges. Gate transforms high-risk trading into quantifiable and demonstrable skill competitions through a competitive format, which not only avoids the regulatory risks of direct promotion but also substantively cultivates the contract user ecosystem. Industry analysts point out that platforms where contract trading volume accounts for more than 60% exhibit significantly stronger risk resistance during bear markets.
As the roar of the cryptocurrency world intertwines with the engines of traditional sports events, Gate’s “Red Bull Racing Tour” has transcended the realm of ordinary marketing activities. It reveals a new formula for Web3 rise: activating global users through refined hierarchical design, achieving emotional penetration with top-tier IPs, and cultivating a core business ecosystem within a compliant framework. With 20,000 participants revving up their trading engines, this competition is not only about the allocation of GT rewards and F1 tickets but also about testing the limits of user growth paradigms in the crypto world—when the experiential economy blending reality and virtuality sweeps across blockchain, perhaps all Web3 platforms should consider: where will their next “F1 moment” overtake in the next bend?