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Announcements Gate.io Startup Initial Offering:Raze Network(RAZE)
Gate.io Startup Initial Offering:Raze Network(RAZE)
2021-04-08 09:15:00 UTC 333035 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 Raze Network(Raze) on April 13th, 2021 at 04:00 AM(UTC).
Startup Link: https://www.gate.io/en/startup

Introduction to Raze Network


Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot eco. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading s while protecting the transparency of your assets and behaviors from surveillance.

(The information below is provided by the Raze Network team. Please follow website for more information)
Token Information
Token name: Raze Network
Token symbol: RAZE
Max Supply: 120,000,000 RAZE
Token Type: ERC-20
Token Contract: 0x5Eaa69B29f99C84Fe5dE8200340b4e9b4Ab38EaC
Private Sales Price: $0.1
Seed Sale: 6%
Private Sale: 14%
Team: 10%
Public Sale: 4%
Liquidity Reward: 40%
Operational Reserve: 15%
Vault: 8%
Advisors: 3%
Website:https://www.raze.network/
Document:https://docs.raze.network/
Token Information:https://etherscan.io/token/0x5Eaa69B29f99C84Fe5dE8200340b4e9b4Ab38EaC

Raze Network Startup Sale Rules
(1) Duration: 04:00 AM - 10:00 AM(UTC), April 13th 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0.1 USDT/RAZE. Startup Supply : 1,000,000 RAZE
(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 - 10:00 AM(UTC), April 13th 2021. Orders placed by qualified users within these 6 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 10:00 AM(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 12:00 AM(UTC), April 13th, 2021.
(10) Trading starts time: April 16th 03:00 PM(UTC)

Gate.io Labs Private Sale Participating Disclosure
(1) Price: 0.1 USDT/ RAZE
(2) Token release schedule: 12.5% on TGE, monthly vesting for 9 months, starting one month after the listing

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 8, 2021

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