Gate.io Initial Startup Free Offering: xNFT Protocol(XNFT) and Announcement of Free Distribution Rules (62,500 XNFT free of charge)
Gate.io Startup will launch its next project, xNFT Protocol, on July 30th, 2021 at 2:00 AM(UTC).
Startup Link: https://www.gate.io/en/startup
Introduction to xNFT Protocol
xNFT Protocol, dedicated to realizing the rapid issuance of NFT and automated transaction protocols, is related to ecological products - DigiCenter collection wallet, xNFT Oracle, aggregation market NFTMarketcap, revenue aggregator NFTBank, encryption art gallery NFTPark, etc.
(The information below is provided by the xNFT Protocol team. Please follow website for more information）
Token name: xNFT
Token symbol: XNFT
Max Supply: 100,000,000 XNFT
Token Type: HRC20
Token Contract: 0xE5944B50DF84001a36c7DE0d5Cb4da7ab21407D2
30% Output of mining,
12% Team motivation,
4% Legal consultancy services
10% Ecological and operational cooperation.
xNFT Protocol Startup Sale Rules
(1) Duration: 2:00 AM - 8:00 AM(UTC), July 30th 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/XNFT ; IDO Price: $0.8 ; Startup Supply : 62,500 XNFT
(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 2:00 AM - 8:00 AM(UTC), July 30th 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 8:00 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 one hour later at 9:00 AM(UTC), July 30th, 2021.
(10) Trading Start Time: 10:00 AM(UTC), 30th July, 2021
Gate.io Labs Private Sale Participating Disclosure
Round: Private Sales
(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 uate 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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July 26, 2021
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