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    Announcements Gate.io Startup Initial Offering BlackHole Protocol(BLACK)

    Gate.io Startup Initial Offering BlackHole Protocol(BLACK)

    2021-04-24 01:47:15 UTC 200027 Read
    Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.
    Gate.io Startup will launch its next project with BlackHole Protocol on April 28th, 2021 at 04:00 AM(UTC).
    Startup Link: https://www.gate.io/en/startup

    Introduction to BlackHole Protocol
    BlackHole Protocol originates from Ethereum network and gradually spread to Polkadot, BSC, Heco, SOL and eventually the whole blockchain world. Any user or project governor could create a burning pool by holding BLACK and old token LP to permanently burn the old Token into a new Token.

    (The information below is provided by the BlackHole Protocol team. Please follow website for more information)
    Token Information
    Token name: BlackHole Protocol
    Token symbol: BLACK
    Max Supply: 100,000,000 BLACK
    Token Type: ERC-20
    Token Contract: 0xd714d91A169127e11D8FAb3665d72E8b7ef9Dbe2
    Private Sales Price: $0.05
    Farming 50%
    Eco Fund 10%
    Development Team Fund 10%
    Marketing 5%
    Initial Liquidity 5%
    Seed round 5%
    Ambassador round 10%
    IDO R1 1%
    IDO R2 1%
    LBP 3%

    Website:https://blackhole.black/
    Document:https://docsend.com/view/5sagkb87dt96mccm
    Token Information:https://etherscan.io/token/0xd714d91A169127e11D8FAb3665d72E8b7ef9Dbe2

    BlackHole Protocol Startup Sale Rules
    (1) Duration: 04:00 AM - 12:00 AM(UTC), April 28th 2021 (Orders placed by qualified users within these 8 hours will be treated equally.)
    (2) To participate in Startup Sale, users will need to be VIP1 and above.
    (3) Price: 0.05 USDT/BLACK. Startup Supply : 400,000 BLACK
    (4) Purchase limit: The maximum subion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subion allocation is:
    the maximum number of subions (not the final actual subion number) = the square of the VIP level multiplied by 10. For example:
    VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
    VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
    (5) Users place orders using USDT.
    (6) Users can place orders from 4:00 AM - 12:00AM(UTC), April 28th 2021. Orders placed by qualified users within these 8 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 purchase once with each KYC account.
    (9) After 12:00AM(UTC), 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 14:00 PM(UTC), April 28th,2021.
    (10) Trading starts time: April 29th 13 :00 PM(UTC)

    Gate.io Labs Ambassador Round Participating Disclosure
    Price: 0.0333 USDT/ BLACK

    Attention
    (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 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 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 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.

    Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


    Gate.io Team
    April 24, 2021

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