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Announcements Gate_io Startup Initial Offering Paralink Network(PARA)
Gate_io Startup Initial Offering Paralink Network(PARA)
2021-05-25 06:11:29 UTC 103221 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.

This Paralink Network Startup subion is a free subion, and will not deduct the users' participation funds in the end of event.

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

Introduction to Paralink Network(PARA)
Paralink Network is a multi chain oracle platform. Its purpose is to collect, validate, aggregates and interpolate real-world datasets and feed them into smart contracts on Ethereum, BSC, and Polkadot.Paralink's flexible node design allows developers to query data including real-world events, sports, weather, random numbers and more. Developers can create custom queries using Paralink Query Language and connect smart contracts with traditional web APIs within minutes.


(The information below is provided by the Paralink Network(PARA)team. Please follow Paralink Network(PARA) for more information)
Token Information
Token name: Paralink Network
Token symbol: PARA
Max Supply:1,000,000,000
Token Type:ERC20 and BEP20
Contract:
ERC20: 0x3a8d5BC8A8948b68DfC0Ce9C14aC4150e083518c
BEP20: 0x076DDcE096C93dcF5D51FE346062bF0Ba9523493

Token distribution ratio and unlocking rules:
Public sale: 0.67% no lock
Seed Sale: 6.67% 20% released at TGE, remaining is spread over 4 quarters
Strategic Sale: 6.25% 25% released at TGE, remaining is spread over 4 quarters
Private Sale: 5.00% 30% released at TGE, remaining is spread over 4 quarters
Team: 13.5% vested over 2 years
Nominator Rewards: 20%
Validator rewards: 20%
Eco: 10%
Reserve: 17.91%

Website:https://paralink.network
WhitePaper
Chinese :https://paralink.network/zh-cn.html
English :https://docs.paralink.network/whitepaper/


Paralink Network Startup Sale Rules
(1) Duration: 07:00 25th May, 2021 - 01:00 26th May, 2021 (UTC)(Orders placed by qualified users within these 18 hours will be treated equally.)
(2) Trading starts time: 04:00 26th May, 2021 (UTC)
(3) Price:0 PARA/USDT
(4) Startup Supply : 1,111,111 $PARA
(5) Users purchase using USDT.
(6) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(7) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:
the maximum number of sub-scrip-tions (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
(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) 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 at 02:00 26th May, 2021(UTC).


Gate.io Labs Private Sale Participating Disclosure
Gate.Io Labs participated in the Paralink Network investment.


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
May 25, 2021

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