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Coin Price 24h %

Gate.io will List Cosmos (ATOM) Announcement

2019-04-22 21:43:47Read:303203

Cosmos, a novel blockchain network architecture. Cosmos is a network of many independent blockchains, called zones. The zones are powered by Tendermint Core [8], which provides a high-performance, consistent, a secure PBFT-like consensus engine, where strict fork-accountability guarantees a hold over the behaviour of malicious actors. Tendermint Core’s BFT consensus algorithm is well suited for scaling public proof-of-stake blockchains.
Website:https://cosmos.network/
WhitePaper:https://cosmos.network/resources/whitepaper

The ATOM trading service will be enabled at UTC 6:00, Apr.23 2019. If the network transfer is not stable by this time, we will postpone the trading and re-confirm the transactions every 4 hours. Please note that Cosmos (ATOM) is a high-profile project and several major trading platforms have already enabled Cosmos (ATOM) trading. The liquidity is low in its initial trading stage, the market price is volatile and might see pullbacks from its high opening price. Please be aware of the market risks and place your investment cautiously.

Trade ATOM at
https://www.gate.io/trade/ATOM_USDT
https://www.gate.io/trade/ATOM_BTC

Deposit ATOM at https://www.gate.io/myaccount/deposit/ATOM

Basic Information:
1) Total Supply: 2 million
2) Distribution:
Pre-Fundraiser Donors and Fundraiser Donors: 75%;
Initial Donors:5%;
Interchain Foundation (ICF): 10%;
All in Bits: 10%
3) Cost:
1 ATOM=0.075 USD (strategic funders);
1 ATOM=0.085 USD (Pre-Fundraisers);
1 ATOM=0.1 USD (Public sale)
4)Please note: Users can earn rewards by staking Atoms (becoming the delegators). The rewards are distributed according to the effective inflation rate. Initially, 7% of Atoms will be inflated every year and distributed back to the delegators and the validators. This number will adjust over time to incentivize staking. Later, when more than 2/3 of the total Atom supply is staked, the global inflation rate will decrease to 7%. If less than 2/3 is staked, the global inflation rate will be up to a maximum of 20%. Cosmos suggests Atom holders to participate in delegation and stake their Atoms in order to decrease the inflation rate.

Deposit and withdraw services of ATOM are both enabled on Gate.io now, users can deposit or withdraw ATOM at anytime.
Risk warning: Liquidity of the initial trading stage is low and the market price is volatile, please be aware of the investment risk.

Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.
Get 30% trading fee in the affiliate program at https://www.gate.io/myaccount/myreferrals

Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
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Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
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Gate.io
April 22, 2019