Home Gate.io Startup Initial Free Offering: Bware(INFRA) and Announcement of Free Distribution Rules (80,000 INFRA free of charge)

Gate.io Startup Initial Free Offering: Bware(INFRA) and Announcement of Free Distribution Rules (80,000 INFRA free of charge)

2023-05-23 08:44:40 UTC 17794 Read

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About Gate.io Startup Free Airdrop Program 
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.
 
Gate.io Startup will launch its next project, Bware(INFRA), on May 29th, 2023 at 07:00 AM (UTC).

Startup Link: https://www.gate.io/startup
 
Introduction to Bware(INFRA)：

Bware Labs is a high-end infrastructure and development tools provider and the creator of the Blast Protocol, the most advanced decentralized blockchain API platform on the market. Blast currently provides the fastest response times in the Web3 infrastructure space and is already used by a great number of well known Web3 companies. The project mainnet is live since February 2023 and allows anyone to participate either as a node provider as well as a protocol delegator.
Blast is set up so that it rewards node operators based on their performance while the number of operators is directly proportional to the number of requests coming into the platform to guarantee high yields for both operators as well as delegators.

(The information below is provided by the Bware team. Please follow the website for more information）
 
Token Information
Token name: Bware
Token symbol: INFRA
Max Supply: 100,000,000 INFRA
Token Type: ERC-20；Avalanche
Token Contract:
Ethereum: https://etherscan.io/token/0x013062189dc3dcc99e9Cee714c513033b8d99e3c
Avalanche: https://snowtrace.io/token/0xa4FB4F0Ff2431262D236778495145EcBC975c38B

Token Distribution and Unlocked Rules:
*Seed round: 12.20%
12 months cliff, and released over 18 months.

*Series A: 12%
12 months cliff, and released over 18 months.

*Advisors: 2.6%
12 months cliff, and released over 18 months.

*Public round: 0.2%
TGE 100%

*CEX & DEX liquidity: 1.7%
TGE 100%

*Community Airdrop & Incentivised Testnet 0.4% 
TGE 100%

*Marketing: 3.70%
TGE 15%, 12 months cliff, and vesting over 18 months

*Insurance Fund: 1.00%
TGE 100%

*Provider Incentivized Testnet: 1.2%
12 months cliff, and released over 18 months.

*Core Contributors: 20.00%
12 months cliff, and releases over 36 months.

*Foundation: 20%
12 months cliff, and releases over 36 months.

*Protocol Incentives : 25%
5 years rewards

Website: https://bwarelabs.com/  
Whitepaper: https://medium.com/bware-labs/bware-labs-litepaper-a921a8decab5 
Token Information: 
https://etherscan.io/token/0x013062189dc3dcc99e9Cee714c513033b8d99e3c 
https://snowtrace.io/token/0xa4FB4F0Ff2431262D236778495145EcBC975c38B

Bware(INFRA) Startup Sale Rules
(1) Duration: 07:00 AM on May 29th -07:00 AM on May 30th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0; Startup Supply: 80,000 INFRA
(4) Purchase limit: The maximum subscription limit is 1500 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892
That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
(5) Unlocking Rule: Unlock
(6) Users can place orders from 07:00 AM on May 29th-07:00 AM on May 30th(UTC), 2023.Orders placed by qualified users within these 24 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 until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(8) Each type of currency can only be purchased once with each KYC account.
(9) After 07:00 AM on May 30th (UTC), 2023, 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.
(10) Trading starts time: 10:00 AM on May 30th (UTC), 2023

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn't invest in Bware

Attention
(1) Countries not supported: USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.
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 project team does not guarantee that the token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity.
-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 evaluate 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 Gate.io.
(3) Requirements for participants
-The participant should register on Gate.io and Log in;
-After logging in, complete user identity verification;
-Deposit a certain amount of cryptocurrencies in your gate.io account;
-Sign the Purchase Agreement on Startup before placing orders.

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Gate.io Team
May 23rd, 2023

Gate.io Startup Initial Free Offering: Bware(INFRA) and Announcement of Free Distribution Rules (80,000 INFRA free of charge)

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