The fourth edition of the Reply Investment Challenge has been announced, and this time it will focus on digital assets, cryptocurrencies, and blockchain technology. Aimed at students and young professionals, the international online competition saw 13,750 entries from 95 countries in 2022, with a total volume of 36,000 trades executed.
The competition, which will take place from May 8 to May 19, 2023, aims to bring participants closer to the world of digital assets and blockchain technology, promoting an informed use of these financial instruments and paying particular attention to the issue of portfolio diversification.
Participants will have the option to choose between two different interfaces, a more simple and more intuitive one, and a more complete and detailed one, respectively Young Platform and Young Platform Pro.
Participants will have the opportunity to practice in a protected environment until May 5, 2023, expanding their skills on digital financial instruments, cryptocurrencies, and blockchain as an enabling technology. Each player will have access to virtual capital of €1 million at registration, and all transactions will be conducted at current market values.
The month leading up to the competition will also include exclusive e-learning content, created by Reply, Young Platform, and POLIMI Graduate School of Management, available on the challenge platform.
The competition will start on May 8, 2023, with participants’ wallets credited with the virtual sum of €1 million to be invested in real-time, and the challenge can begin. Challengers will be evaluated based on their investment choices and the strategy implemented in response to the suggestions published by Reply.
The top three performers, who succeed in maximizing their portfolio’s return through diversification, will win the competition.
This year, Reply has partnered with Young Platform, Italy’s largest regulated cryptocurrency platform, as its partner. Young Platform is a Turin-based scale-up that makes the cryptocurrency market accessible to all, even without having specific expertise in the sector. It stands out for its focus on security, training, and the privacy of its users, guaranteeing the use of cutting-edge technologies to protect data and transactions.
Reply supports various financial institutions, as well as major players in sectors such as healthcare, energy & utilities, fashion & luxury, and others, in the adoption of digital assets, thanks to its expertise in blockchain and distributed technology.
The POLIMI Graduate School of Management’s participation in the Reply Crypto Investment Challenge confirms its commitment to educating and training risk-conscious financial operators in investments.
Reply’s Challenges program, the Masters in Digital Finance at POLIMI Graduate School of Management, and the Reply Code For Kids program are just some of the examples that bear witness to Reply’s commitment to the development of innovative training models, capable of involving the new generations. Today, Reply’s Challenges have a community of over 140,000 players.
Registration for the Reply Crypto Investment Challenge is open until May 5, 2023. https://challenges.reply.com/tamtamy/home.action