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Home Gate.io Startup Free Offering: Polytrade(TRADE) and Announcement of Free Distribution Rules(333,333 TRADE free of charge)

Gate.io Startup Free Offering: Polytrade(TRADE) and Announcement of Free Distribution Rules(333,333 TRADE free of charge)

2021-08-09 02:25:16 UTC 83034 Read
About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.

This Polytrade(TRADE) 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 Polytrade(TRADE)
POLYTRADE is a blockchain-based decentralized protocol that aims to transform receivables financing & connect buyers, sellers, insurers, & investors for a seamless trading experience. The global DeFi market worth is increasing in trillions with a large number of total value locked in it every day. Polytrade will harness the massive liquidity pool of the crypto world by tokenizing real-world invoices and bringing them on-chain into the DeFi space.

(The information below is provided by the Polytrade(TRADE) team. Please follow Polytrade(TRADE) for more information)
Token Information
Token name: Polytrade
Token symbol: TRADE
Max Supply:100,000,000
Token Type: ERC20
Contract: 0x6e5970dbd6fc7eb1f29c6d2edf2bc4c36124c0c1

Token distribution ratio and unlocking rules:
Community Incentivization (Current & Future): 39.42% 40% first year and remaining quarterly release over next 4 years
Team: 17.00% Release quarterly over 3 years, starting from year 2
Eco partners & Advisors: 4% Release quarterly over 3 years, starting from year 2
Public round: 1.33% Fully unlocking
Private round: 7.5% 15% day 1, weekly release linearly over 1 year
Strategic Round: 3.25% 1 month cliff, weekly release linearly over 1 year
Seed round: 7.5% 3 month cliff, weekly release linearly over 1.5 year
Marketing & Eco/LP rewards: 20% 40% first year and remaining monthly release over next 4 years

Website: https://polytrade.finance/
WhitePaper: https://polytrade.finance/whitepaper.pdf

Polytrade Startup Sale Rules
(1) Duration: 1:00PM 16th August 2021 -1:00 PM 17th August 2021 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading pairs: TRADE/USDT
(3) Price: 0 USDT(Public price:$0.15)
(4) Startup Supply : 333,333 TRADE
(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 2:00AM 18th August, 2021(UTC).

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs participated in thePolytrade(TRADE) investment.


(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 a Cryptocurrency Trading Platform Since 2013

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Gate.io Team

August 9, 2021

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