Why did his level not reset?

The Community forum clearly mentioned that those who lost in the World’s Greatest Survival Tournament would have their level reset to one. In fact, there were loads of users crying on the forum after they got their level reset and Rune of Transcendence sealed. However, the other users on the forum only sneered and said, “Serves you right~! You brought it upon yourself~!”

So why did his level not reset?

Siegfried doubted his eyes and decided to check his Inventory.

[Overly Dried Jerky × 43]

[Low-Grade Healing Potion × 11]

[Low-Grade Mana Potion × 9]

[Completed Treasure Map × 1]

[Mercedes Workshop 100% +12 Enhancement Coupon (No Level Limit) × 1]

[Mid-Grade Dismemberment Tool Kit × 1]

[etc.. etc.. etc…]

His Inventory was fine.

‘Huh? How about my equipment…?’ Siegfried hurriedly clicked on the ‘My Equipment’ tab.

[My Armor]

[Body: Titanium Mail]

[Legs: Titanium Mail]

[Shoulders: Titanium Mail]

[Hands: Titanium Mail Gauntlets]

[Belt: Megingjord]

[Feet: Titanium Greaves]

Surprisingly, Siegfried’s most expensive item, the Megingjord, was still wrapped around his waist.

In addition…

[My Weapons]

[Weapon 1: Golem’s Rock Fist (Mace)]

[Weapon 2: Vicious Fang (Spear)]

Both the armor and weapons he had purchased from the...