$KGEN's latest competition has changed the rules, and it seems the organizers are not putting much thought into it.

Let's break down the new rules: a $500,000 token pool is divided into two release phases. First phase: the top 5,000 participants share 1.25 million tokens, averaging 250 each, with a total value of around $20,000. Second phase: another top 5,000 participants share an additional $200,000 worth.

The most outrageous part is that if you make it into the top 5,000 in both rounds, you can claim rewards twice. Sounds good, but here's the problem—originally, there were 10,000 spots, now it's been cut to 5,000, and you have to compete twice. Isn't that just tightening the grip on participants? Participation requirements are doubled, but the quota shrinks.

The rules are made flashy and complicated, but essentially: more competition, harder to win, and the reward pool remains unchanged. The community's feedback on this move has been very straightforward.