Robinhood Will Hand Out $2 Million in Bitcoin, Dogecoin in Trivia Game From ‘HQ’ Host
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Reading
Robinhood Will Hand Out $2 Million in Bitcoin, Dogecoin in Trivia Game From ‘HQ’ Host
Robinhood will host a trivia game in its mobile application over the next two days, providing more than $2 million in Bitcoin and Dogecoin prizes to participants.
Eligible U.S. customers with a Robinhood account can participate in the Day 1 contest which kicks off at 4:45pm ET today. The contest will offer 12 multiple-choice trivia questions related to finance, economics, and cryptocurrency topics, and users will have 10 seconds to answer each.
Users who answer all questions correctly will split the $1 million in Bitcoin for each day’s prize pool. If no users answer all correctly, then those who answered the most questions correctly will split the prize.
The contest, which will run on Thursday exclusively for subscribers to the exchange’s premium Robinhood Gold service, will be hosted by Scott Rogowsky, a comedian who previously hosted live daily trivia shows via the popular app, HQ Trivia.
The exclusive contest for Gold members will offer another $1 million in Bitcoin prizes with additional undisclosed Dogecoin rewards for all participants. Robinhood did not immediately respond to Decrypt’s request for comment about how much Dogecoin will be given away.
Robinhood users who want to play may only do so from the latest version of the Robinhood mobile app, which is available in both the iOS App Store and Google Play Store.
Winners will be notified in-app and via email within five days after the contest ends, and must claim their prize winnings within 30 days. All crypto prizes will be determined based on the market rate at the time of transfer to the winner’s account.
The U.S. Securities and Exchange Commission has ended its investigation into trading platform Robinhood Crypto “with no action,” the company said in a statement. According to the firm, the SEC’s Enforcement Division advised Robinhood Crypto that “it had concluded its investigation and did not intend to move forward with an enforcement action,” after sending the company a Wells Notice in May 2024 notifying it of a pending enforcement action. An SEC spokesperson told Decrypt that the regulator dec…
Robinhood Trivia Live is the first contest of this kind to be hosted by the platform, and its Vice President of Product Dheerja Kaur told Fortune that it isn’t committing to this as a recurring thing.
“We actually want to see how it does,” Kaur said.
The exchange announced last week that the SEC had ended its investigation into the company for alleged securities violations, without any intention of pursuing enforcement action.
Robinhood Markets, which trades under ticker HOOD on the Nasdaq, is up 2.27% in the last 24 hours and trades at $47.27 per share, nearly double its price from this time last year.
Bitcoin and Dogecoin have both been subject to broader market volatility in recent days. The pair have climbed 2.5% each in the last 24 hours and are priced at $90,078 and $0.204 respectively.
Edited by Andrew Hayward
Crypto-powered gaming platform BC.GAME has seen “a year of unprecedented growth”—and now boasts more than nine million users, according to a report shared with Decrypt. BC.GAME unveiled a “complete overhaul” of its user interface in 2024, while building upon strategic partnerships with Leicester City FC and Jason Derulo. More developments are set to come, with the launch of the site’s BC token unlocking “even greater rewards and benefits” for players. Per its report, the site claims to have surp…
There’s a new way to play blackjack—and you can win Bitcoin for playing. THNDR Games, a company that specializes in play-to-earn games built around Bitcoin and the Lightning Network, announced Tuesday that it has added a competitive version of blackjack to its Clinch gaming app. The app is available for iOS via the App Store, as well as via direct download for Android or available to play on the web. Unlike some Bitcoin games that are heavily ad-supported and pay out tiny slivers of BTC while yo…
Ethereum mobile basketball game Rumble Kong League will launch its FAME token on gaming-focused Ethereum sidechain network Ronin on March 11, following its recent migration to the chain from Avalanche. FAME, which will act as the project’s utility token in an ecosystem of sports-related endeavors, will have a total supply of 7 billion tokens. “From hoops to the future of sports gaming, FAME fuels competition, culture, community and the Rumble Kong League,” the project posted on X (formerly Twit…
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Coin Prices
Robinhood Trivia Live will hand out over $2 million in total Bitcoin and Dogecoin prizes between Wednesday and Thursday.
SEC Ends Robinhood Investigation ‘With No Action’
‘Unprecedented Growth’ as BC.GAME’s Platform Attracts 9 Million Users
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News Explorer — Robinhood Launches Trivia Game With $2 Million in Bitcoin, Dogecoin Rewards
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From 2017 to 2019, New York comedian Scott “Quiz Daddy” Rogowsky hosted HQ Trivia, a popular app-based game show where participants answered increasingly difficult multiple-choice questions. Each day, hundreds of thousands of fans took part in hopes of splitting a jackpot of sometimes hundreds of thousands of dollars—but soon after, the fad collapsed. Now, eight years since Rogowsky first auditioned for HQ Trivia, the brokerage Robinhood is bringing Rogowsky back to host its own game show.
After markets close on Wednesday, users of Robinhood’s app will receive a notification inviting them to play a game called “Robinhood Trivia Live.” Like HQ Trivia, players will answer increasingly difficult multiple-choice questions, and those who correctly answer all 12 will split a prize pool of $1 million in Bitcoin. The game show will repeat on Thursday for members of Robinhood Gold, the company’s paid subscription service. Winners will again split $1 million in Bitcoin, but all participants will receive an undisclosed gift of Dogecoin.
“I’ve done a lot of different hosting gigs over the last six years,” Rogowsky told Fortune in a video call from Toy Fair, a convention in New York where he was promoting his own party game. “But, in terms of recreating that HQ type of experience, this definitely hews closest.”
Rogowsky even plans to whip out his HQ Trivia–era catchphrase: “Let’s get down to the nitty-gritty!”
Robinhood’s launch of an HQ Trivia–like quiz show isn’t permanent. “Right now, we actually aren’t committing to this being a recurring thing,” Dheerja Kaur, Robinhood’s vice president of product, told Fortune. “We actually want to see how it does.”
Still, it’s another example of how the publicly traded online brokerage has expanded beyond trading in a bid to become a player in financial media and entertainment.
In 2019, Robinhood acquired a popular financial newsletter and podcast company called MarketSnacks, which it rebranded to Robinhood Snacks. And in 2023, it launched its own independent media arm called Sherwood Media, which has since taken over Snacks as well as debuted its own website.
“This is separate from that, but again, part of a bigger strategy around, How do we inform and educate our customers?” Kaur said, in reference to how Robinhood’s game show isn’t the same as its foray into financial news.
For his part, Rogowsky is just excited to be back in front of an audience of potentially millions. Robinhood notched 2.6 million paid subscribers at the end of 2024, according to its most recent annual report. “There are people out there who missed their Quiz Daddy,” the trivia host said. “If you’ve been missing me for the last six years, this is the show to tune into.”
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