Announcements Gate.io Startup Free Offering: Universal Blockchain Token(USBT) and Announcement of Free Distribution Rules (17,046 USBT free of charge)

Gate.io Startup Free Offering: Universal Blockchain Token(USBT) and Announcement of Free Distribution Rules (17,046 USBT free of charge)

2024-09-14 12:49:54 UTC 13079 Read

USBT/USDT -40.16%

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Gate.io has launched the “Startup Project Free Airdrop Program” in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.
User’s participation funds will not be deducted for Startup project Universal Blockchain Token(USBT) free airdrop.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1837" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

**1.How to Participate:**
Step 1: Login to your Gate.io account(Complete KYC2 verification)
Step 2: Hold no less than 10 USD of spot asset
Step 3: Click “$0 Free to Claim”

**2.Universal Blockchain Token(USBT) Startup Participation Rules**
Duration: 05:00 AM on September 17th - 05:00 AM on September 19th (UTC), 2024 (UTC)(Orders placed by qualified users within the subscription period will be treated equally.)
Trading starts time: 09:00 AM on September 19th (UTC), 2024 (Trading pair: USBT/USDT)
Fundraising Goal: $30,000 USDT
Startup Supply: 17,046 USBT
Unlocking Rule: 100% Unlock
Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.
Startup Participation Rules:
(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8,000 shares. For specific information about available shares, please refer to: https://www.gate.io/announcements/article/37836 
(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, whether the Non-VIP Users win or not will be announced at the end of the project subscription. A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
(3) The user’s VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.
(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.
Note: That 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.
Learn more about the rules for available shares of different VIP levels: https://www.gate.io/announcements/article/37836 
Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

**3.Project Information** (The information below is provided by the Universal Blockchain Token(USBT) team. Please follow the website for more information）
(1)Introduction：
-USBT provides participants with AI technologies using blockchain.
1.Advanced trading solutions: leverage cutting-edge AI technology to provide users with the highest level of investment trading algorithms in high-performance trading.
2.Smart Trading: Implement an automated and intelligent trading strategy that can optimize returns and minimize user risk.
3.AI Trading Assistant: Provides AI-driven trading assistant to help users make informed trading decisions and effectively manage their portfolios.
4.Social-Fi Marketplace: Create a platform for users to engage in social trading, share insights, and collaborate on investment strategies.
The USBT token serves multiple purposes within the USBT platform, acting as a utility token to power various features and functions. It can be used to:
-Pay for transaction fees on the platform.
-Access premium features such as advanced AI trading tools.
-Participate in governance decisions through community voting.
-Stake tokens for rewards or to earn interest within the DeFi ecosystem.
-Purchase exclusive content and services in the Social-Fi marketplace. USBT token plays a critical role in both the economic and governance structure of the platform, ensuring active participation and utility across the ecosystem.

More details:
(2)Token name: Universal Blockchain
(3)Token symbol: USBT
(4)Max Supply: 1,000,000,000
(5)Token Type: BEP-20 
(6)Token Contract: https://bscscan.com/token/0x43767d226EF1F5337d10382cd19D64b60A30C5fD 
(7)Token Distribution and Unlocked Rules:
*Community: 45%
Linear vesting over 120 months

*Investment: 15% 
3 Months cliff, linear vesting over 36 months

*Reservation: 15%
TGE 20%, linear vesting over 60 months

*Ecosystem: 10%
3 Months cliff, linear vesting over 36 months

*Marketing: 10%
Linear vesting over 30 months

*Team: 5%
36 Months cliff, linear vesting over 24 months

For more details, please refer to: https://usbt.gitbook.io/usbt_whitepaper/roadmap

(8)Website: https://usbtofficial.com/

(9)Whitepaper: https://usbt.gitbook.io/usbt_whitepaper

**4.Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs has not invested in Universal Blockchain Token(USBT)

**5.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
September 14th, 2024

Gate.io Startup Free Offering: Universal Blockchain Token(USBT) and Announcement of Free Distribution Rules (17,046 USBT free of charge)

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