GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering Legends of Elysium(LOE) , and Announcement of Free Distribution Rules(600,000 LOE free of charge)

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Announcements GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering Legends of Elysium(LOE) , and Announcement of Free Distribution Rules(600,000 LOE free of charge)

GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering Legends of Elysium(LOE) , and Announcement of Free Distribution Rules(600,000 LOE free of charge)

2024-03-27 14:25:26 UTC 29858 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
This Legends of Elysium(LOE) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this Legends of Elysium(LOE) Subscription.

**Introduction to Legends of Elysium(LOE):**
Legends of Elysium is a Free-To-Play fusion of Trading Card & Board Game set to reshape the future of gaming and onboard the first billion of players to web3. In development since 2021, it merges the best features of both web2 and web3 world. Imagine a high quality, entertaining game with all of the perks that blockchain brings - that’s Legends of Elysium.
(The information below is provided by the Legends of Elysium(LOE) team. Please follow Legends of Elysium(LOE) for more information）

**Token Information**
Token Name: Legends of Elysium
Token Symbol: LOE
Max Supply：200,000,000
Token Type: ERC 20
Smart Contract Address: https://polygonscan.com/token/0x8b78927048de67b9e8c8f834359f15c3822ed871
Token distribution ratio and unlocking rules:
Seed Sale: 15,000,000, 7.5%, Monthly vesting after 4th month for 16 months
Private Sale: 28,000,000, 14%, Monthly vesting after 3th month for 12 months
Strategic Sale: 7,000,000, 3.5%, Monthly vesting after 2th month for 8 months
Public Sale: 14,000,000, 7%, Monthly vesting after 2th months for 8 months
Treasury: 52,000,000, 26%，Based on the Treasury for 36 months
Development：18,000,000, 9%, Monthly vesting after 3th month for 36 months
Marketing: 10,000,000, 5%, Monthly vesting after 2th month for 36 months
Advisors: 6,000,000, 3%, Monthly vesting after 5th month for 20 months
Team: 24,000,000, 12%, Monthly vesting after 6th month for 24 months
Airdrop: 10,000,000, 5%, Monthly vesting after 1st month for 12 months
Liquidity, 16,000,000, 8%, Monthly vesting from 1th month for 4 months
Website: https://legendsofelysium.io/
Whitepaper: https://docsend.com/view/d9zxup8qet98pf67

**Legends of Elysium(LOE) Startup Subscription Rules：**
(1) Duration: 04:00 AM March 28th, 2024 - 04:00 AM March 29th, 2024 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally)
(2) Trading Starts Time：08:00 AM March 29th, 2024 (UTC)
The Trading Pair: LOE/USDT
(3) Users can only subscribe by using GT.
(4) Subscription Price: 0 USDT (The GT pricing of this event is $8 USDT )
(5) Subscription share: 1.25 GT per share
(6) Subscription Total: 3,750GT
(7)Startup Total Suppl: 600,000 LOE
(8) Unlock rule: 100% unlock.
(9) Participation Requirement:
**1.Users with an average GT holding of no less than 10 GT(which is 1 share) over the past 14 days are eligible to participate in the GT holder-exclusive airdrop subscription and share token rewards.**
2.The more GT you hold on average over the past 14 days, the more subscription shares you receive, and ultimately, the more tokens you get.
Tokens received by participants = (Participant’s subscription shares / Total subscription shares) × Startup total supply.
3.GT tokens contributed by participants have no lock-up period, allowing users to participate in multiple projects simultaneously with no participation limit.
**4.Based on the users’s GT average 14 days position, each user would receive one share per every 10GT held. The subscription limit for a single project is 3,000 shares per user. If the project’s share is less than 3000, each user’s subscription limit for the project will be limited based on the total shares of the project.**
[Click to check My GT Holdings](https://www.gate.io/gt "Click to check My GT Holdings")
(10) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your average GT holding over the past 14 days is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Participants must complete KYC2 verification.
2.Each 10 GT can be subscribed for 1 share, with a maximum subscription limit of 3,000 shares per user for one project.
3.The maximum subscription share is calculated based on the snapshot of the average GT holding over the last 14 days. GT Holding Calculation including the asset in the Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading; however, GT borrowed from Margin Trading is not included.
4.If the total GT holdings of the participants at the time of token distribution are lower than the total GT holdings at the time of subscription, the user will receive the corresponding token amount based on the actual GT holdings at the time of distribution (still subject to the minimum requirement of 10 GT); otherwise, no adjustments will be made.
5.The final subscription results will be announced before trading begins. You can check your results in “[My Spot Account“](https://www.gate.io/myaccount/myfunds/spot "My Spot Account“") or “[Subscription History](https://www.gate.io/startuplist/history "Subscription History").”
6.The exclusive subscription for GT holders will start soon. Please stay tuned to our [official announcements](https://www.gate.io/articlelist/ann "official announcements") and [social mediafor](https://twitter.com/Gateio_Startup "social mediafor") the latest updates.
7.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
8.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
9.Gate.io reserves all rights to the final explanation.
10.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in Legends of Elysium(LOE).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(2) Risk Warning:
-The project team does not guarantee that 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
Mar 27th, 2024

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