Coin Price 24h % Launches Startup Project with TON Community Blockchain

2020-09-03 16:21:29Read:39038 has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make a promising investment. Trading service of the connected token or coin will be enabled once the Startup project fulfills its fundraising goal. will Launch Startup Sale with TON Community Blockchain on September 4th.
Startup Link:

To decrease volatility during the initial trading stage, we will apply the Call Auction Mechanism. The rules are as follows:

1) During the call auction, traders can place orders freely, but the orders will not be active immediately. The real-time reference trading price will be presented and calculated based on the Call-order price from the largest amount of trades created. During this period, the order book and the candlestick chart will also show the information about the related price range and the market movement based on the real-time reference (please note that the presented price is not the real trading price).

2) When the call auction is finished, users will not be able to place or cancel any orders. The sys. will collect all the data and match the orders. Buy orders with prices higher than the reference price and sell orders with prices lower than the reference price will be matched and e xecuted (a portion of the orders with a higher routed price may not be matched). The remaining orders will go to the order book of the next trading stage automatically.

3) After the call auction data collection, the will enable trading activities.

Introduction to TON Community Blockchain

TON is the next-generation blockchain platform with a sharding multi-chain technology. Due to the efforts of previous Telegram team, TON is well supported by the Telegram, making it a more accessible blockchain platform for the 400-million users of Telegram. Because of the ban from SEC, Telegram had to stop TON in May, 2020. However, TON is too valuable to be abandoned. Now, it has been restarted by the community. In the plan of the community, TON will be redesigned to develop defi.

Check out more details at

1.Project Information

(1) Token Symbol: TON
(2) Total Supply: 400,000,000 TON
(3) Current Circulation Supply: 48325418.4 TON
(4) Startup Goal: 300,000 USDT
(5) Startup Total Supply: 10,000,000 TON
(6) Price: 0.03 USDT
Users can participate in this Startup campaign and buy TON with GT.
Since GT is already listed on and trading, the market price of GT will vary. Therefore, the Price of GT, in relation to the Startup projects, will be calculated within the 3 hours before the sale. The calculation rule is as follows: A specific time stamp within 3 hours before the sale will be randomly selected. A 72-hour average value of GT-USDT on before the chosen timestamp would be calculated and referenced as the Startup Price.
(7) Token Allocation
Charity donation: 0.26%;
Public donation: 6.22%;
Private donation: 56.02%;
Liquidity: 12.5%;
Strategic reserve: 25%
(8) Token Release & Inflation
The amount of the erc20 TON is 400 million.
After the main network launched, the TON token of the main network will reach 5 billion as the whitepaper has stated:.8% is used to exchange erc 20 coins, 52% is for the farming, 28% is for TON DAO voting, 4% is reserved for the community members(released 1/48 every month), 2% is the prize for the test network(released 1/24 every month), and 2% for airdrop and UBI(released 1/48 every month).

TON Community Blockchain Startup Sale Rules

(1) Duration: 04:00 - 06:00 AM GMT, September 4th
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) The price and the number of Startup Sale orders will be set 3 hours before the sale, based on the market price of GT/USDT within the 3 hours. Each order is worth $100 - $200, users can place one or a few orders according to the individual purchase limit.
(4) Purchase limit: The individual purchase limit will be calculated based on the average holdings of GT (including the asset in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading; however, GT borrowed from Margin Trading is not included) 14 days before the sale. Users with no GT holdings cannot participate in the sale. Participants can have a higher purchase limit with more GT holdings. Below shows the purchase limit based on different amount of GT holdings
Maximum orders (not equal to actual orders placed) =average 14-day GT balance (an integer value shall be adopted)/200. The purchase limit is 1,500 orders.
E.g. User X is VIP1 (monthly total trading volume ≥ 3BTC, GT holdings ≥ 40 ). He or she has never held GT, but purchases 14,000 GT the day before the Startup Sale. Therefore, user X’s average 14-day GT balance is 14,000 GT/ 14 days= 1,000 GT, so the maximum orders =1,000 / 200= 5, and User X meets the requirement of being a VIP user. User X can place up to 5 orders in the Startup Sale.
(5) Users can place orders using GT.
(6) Users can place orders from 04:00 AM GMT to - 06:00 AM GMT, September 4th. Orders placed by qualified users within these 2 hours will be treated equally.
(7) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders. An insufficient balance will result in the cancellation of the purchase order.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 6:00 AM GMT, we will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced two hours later at 8:00 AM GMT on September 4th.

The distribution calculation rules are as follow:
F (distribution ratio) = TON Startup supply ÷ total TON purchase orders
P (actual individual TON purchase orders) = F × qualified individual orders
M (payment amount in GT) = P × Startup Sale Price (in GT)
E.g. The TON supply limit is 100 million. The purchased TON orders are 200 million. User X has placed 100,000 TON orders.

F (distribution ratio) = 100,000,000 ÷ 200,000,000 =0.5
P (actual individual TON purchase orders) = 0.5 × 100,000 = 50,000
M (payment amount in GT) = 50,000 × Startup Price (in GT)
If the project cannot fulfill its fund-raising goal within the given time, users will get refunded, and the project will not get listed.


(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.

(2) Risk Warning:
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or

(3) Requirements for participants
- The participant should register on and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your account;
- Sign the Purchase Agreement on Startup before placing orders.

We sincerely appreciate your continuous support. Stay tuned for more innovative products from! is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
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Sep 3, 2020
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