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Announcements Gate.io Startup Initial Free Offering: Diamond Launch Coin(DLC) and Announcement of Free Distribution Rules (1,500,000 DLC free of charge)

Gate.io Startup Initial Free Offering: Diamond Launch Coin(DLC) and Announcement of Free Distribution Rules (1,500,000 DLC free of charge)

2022-09-10 03:54:23 UTC 46233 Read
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, Diamond Launch Coin(DLC), on September 14th, 2022 at 09:00 AM (UTC).

Startup Link: https://www.gate.io/startup

Introduction to Diamond Launch Coin(DLC):
Diamond Launch is an IDO protocol designed to provide users and investors with cryptocurrency projects, offering token sales for early stage premium projects. Diamond Launch offers multiple token sales as a multi-chain IDO distribution platform, allowing investors to participate more equitably in cryptocurrency pre-sales.

(The information below is provided by the Diamond Launch Coin team. Please follow the website for more information)

Token Information
Token name: Diamond Launch Coin
Token symbol: DLC
Max Supply: 1,000,000,000 DLC
Token Type: BEP-20
Token Contract:0xdE83180dD1166D4f8E5c2b7De14A2163b1Bb4a87
Token Distribution and Unlocking Rules:
*Ecosystem Building : 40%
TGE:5%, monthly linear vesting for 38 months
*Community Operations : 20%
TGE:2.5%, monthly linear vesting for 39 months
*Pledge Reward : 20%
After the staking function is launched, monthly linear vesting for 25 months
*Supporters Airdrop : 10%
Cliff: 12 months, monthly linear vesting for 10 months
*Core Development : 10%
Cliff: 12 months, monthly linear vesting for 10 months

Token Information: https://www.bscscan.com/token/0xdE83180dD1166D4f8E5c2b7De14A2163b1Bb4a87

Diamond Launch Coin Startup Sale Rules
(1) Duration: 09:00 AM on September 14th-09:00 AM on September 15th (UTC), 2022(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:1,500,000DLC
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10).
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 09:00 AM on September 14th-09:00 AM on September 15th(UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 09:00 AM on September 15th (UTC), 2022, 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.
(11) Trading starts time:12:00 PM on September 15th (UTC), 2022

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Diamond Launch Coin

(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
September 10th, 2022

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