There will be 50 treasure hunts, one in every state, followed by one more nationwide hunt. The winners of the first 50 treasure hunts will each win $5,000 worth of Bitcoin. Those 50 winners will go on to compete in the final treasure hunt for $1,000000 worth of Bitcoin.

The first treasure hunt will take place in Texas. The Texas treasure hunt is free to the 1,000 participants who already signed up. Texas earned the free treasure hunt (and the first treasure hunt) by being the first state with 1,000 people to sign up. 

It will cost $50 to join in the other states, specifically $50 worth of Bitcoin. For those who don't have Bitcoin or don't know how to buy Bitcoin, we will walk them through the simple steps to purchase $50 worth of Bitcoin and use it to purchase their ticket for the treasure hunt.

No! You can participate in as many of the treasure hunts as you would like to. The Texas treasure hunt is already maxed out at 1,000 participants, but registration is open in the other 49 states. You can register now, and you will be asked to pay later when it is time for the hunt in the state(s) you have registered for.

The treasure hunts will happen shortly after 1,000 participants register and then pay the fee in each state. The Texas treasure hunt will take place on Friday, August 22nd. The dates for the treasure hunts in the other states will be announced as registrations and payments take place.

The clues will be released via email and text to the 1,000 participants in each treasure hunt on a pre-announced Friday morning at 8 am local time (local time in that particular state). The clues will be sent to the email address and phone number used to register for the treasure hunt. The clues will likely come in the form of a riddle, and participants must solve the riddle (or riddles) in order to find the hidden treasure.

Although we can't predict with certainty how fast the riddles will be solved and the treasures found, we anticipate that the hunt will take 48-72 hours. If no one has claimed the prize by Sunday morning at 8am, we will release some clues that should ensure that someone is able to solve the riddle and find the treasure by Sunday evening.

In the case of the 50 state treasure hunts, the treasure will contain a crypto-currency "cold wallet," which contains $5,000 worth of Bitcoin. The videos that have been released via social media may contain clues as to what type of container the cold wallet is to be found in. For the final treasure hunt, the treasure will contain a cold wallet worth $1,000,000 in Bitcoin.

Instructions will be found with the cold wallet. By following the instructions, the winner will receive the Seed Phrase needed to access the wallet. Step-by-step instructions will be included, explaining how to use the wallet and how to access the Bitcoin. 

The cold wallet will be useless for the person who finds the treasure unless they can email us and/or text us from an email address and/or phone number that was already registered for the treasure hunt. In the unlikely case of a stranger finding the treasure, we will include instructions for them to notify us, in which case we will have to modify the treasure hunt and hide a new container with a new cold wallet.

We will not give legal or financial advice, but the winner will control the Bitcoin, with the ability to transfer it to another crypto wallet or account, to sell it, to trade it for other crypto currencies, or to hold it for as long as they choose to.

The conversion rate has been set as $113,837.70 US Dollars per Bitcoin. At that rate, the participation fee is set as .00044 BTC (approximately $50), the state treasure hunt prizes are set at .044 BTC (approximately $5,000) each, and the final prize is set at 8.784 BTC (approximately $1,000,000).

NykNycAdvisors.com is primarily a company that educates individuals on how to properly purchase, store, trade, and sell crypto currency (especially Bitcoin). We see this treasure hunt as an opportunity to help thousands of people who may not have previously purchased crypto currency to learn how to do it and to benefit from that knowledge as the crypto currency industry continues to develop and grow and as crypto currency becomes more commonplace in the future. If you have never learned how to safely deal with crypto currencies, now is the time!