Steemit Crypto Academy Contest / S13W1 [SUMMARY]: Token Swap

Introduction

Hello Steemians,

I hope you are well and have enjoyed all aspects of the current season's competitions. In a nutshell, our goal today is to present the report of our competition, which took place from October 16 to 22, 2023, focusing specifically on the first week of the Steemit Engagement Challenge of the thirteenth season. The competition ran smoothly, thanks to the exemplary professionalism demonstrated by the members of our academy, which allowed for a successful and trouble-free event.

In this report, we will provide you with a brief summary of all the data and feedback we have collected during this period regarding your participation in the competition organized by the Steemit Crypto Academy community. This competition aimed to assess your knowledge in the field of crypto and blockchain.

The theme of the first week’s competition was “Swap Token”.

This swap grants you a new token that will continue to function with a significant upgrade of the crypto-asset, such as the creation of a new blockchain. This is why we will sometimes speak of a coin or coin to designate the new crypto-asset.

The token swap takes place according to terms determined by the development team in charge of the project. It can be longer or shorter depending on what she considers necessary.

In this competition, our esteemed users have been tasked to share their ideas on the following topics:

• Use your own words to define what a token swap is, and interpret the fate of this group of tokens when the final tokens are created.

• Explain why do blockchains perform a swap? and is this operation essential during its launches?

• Show how such blockchain which performed token swap? take an existing example.

• Has Steem Blockchain already performed token swap? If so, tell us how. If not, do you think it would have been better that used it?

• Are there any risks when using it?

We were pleased with the quality of content in the submissions we received. Among the participants, there were newcomers to our crypto competitions, and this initial challenge allowed them to get acquainted with our platform. We eagerly look forward to discovering more talent in the upcoming seasons. Without any more delay, let's explore the statistics and acknowledgments.

Participation statistics

We received a grand total of 14 submissions for the contest, and thankfully, there were just one instances of entries deemed invalid.

Total number of entries	Invalid entry	Plagiarized content
14	1	0

_{Performance Distribution}

_{Score Distribution}

In the evaluation for this week, it was observed that only 3 entries achieved an Excellent rating, making up 22% of all the submissions. The majority of entries, constituting 43%, received a Good rating, which was the highest score achieved. Additionally, 14% of the entries were categorized as Average, and the same percentage fell into the Below Average category. There was one post identified as either Invalid or containing plagiarism, accounting for 7% in these categories.

Top 3 users of the week

In our selection process, we initially assessed the quality of participants' performance, giving priority to their interactions with fellow contestants.

When choosing the top 3 participants, we considered both their performance scores and their interactions. Additionally, we made a distinct selection based on an article that provided exceptional content relevant to the topic of discussion. Below, you will find the top 3 users we have acknowledged for this week.

Ranking	Username	Article
1	@sahar78	Link
2	@hamzayousafzai	Link
3	@starrchris	Link

We highly appreciate your continuous participation, and congratulations to all those who earned a top spot this week. We encourage each of you to maintain the outstanding standards of quality and engagement with your fellow participants in our competitions. Please continue to join us in our future contests.