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Announcements Gate.io Startup Free Offering: Prometheus(MGA) and Announcement of Free Distribution Rules( 71,428 MGA free of charge)
Gate.io Startup Free Offering: Prometheus(MGA) and Announcement of Free Distribution Rules( 71,428 MGA free of charge)
2021-11-27 16:56:59 UTC 106053 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 MetagameArena(MGA) Startup subscription is a free subscription, and will not deduct the users' participation funds in the end of event.

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

Introduction to MetagameArena(MGA)

Metagame Arena Studio is a blockchain development company and the creators of the Prometheus NFT game

Prometheus is the first on-chain strategy Role Playing NFT game launched on BSC. Prometheus creates themes based on the exchange, collusion, and fusion of Eastern and Western mythology.Prometheus is the first multichain NFT game to hybridize war chess and card play based on world mythology.

Prometheus features most major mythological systems from the East and West.

Prometheus is a different gaming experience than the usual NFT game available on the market.

Prometheus Fight is a 5v5 battle. It features daily arena matches, significant events, and guild battles. Players are awarded in-game currency (WP) for winning PVP or PVE.

All faction god cards are NFTs and their collectable value will vary based on their rarity. Players can select from a variety of NFTs based on their specific requirements.

(The information below is provided by the MetagameArena(MGA) team. Please follow MetagameArena(MGA) for more information)

Token Information

Token name:MetagameArena

Token symbol:MGA

Max Supply:30,000,000

Token Type: BEP20

Contract: 0x03aC6AB6A9a91a0fcdec7D85b38bDFBb719ec02f

Token distribution ratio and unlocking rules:

Pre Seed: 5% TGE5%,26 months/relese every 2 months

Seed: 11.1% TGE10%,22 months/relese every 2 months

Private 1: 6% TGE10%,20 months/relese every 2 months

Private 2: 3.7% TGE10%, 20 months/release every 2 months

Launch Pad: 2.5% TGE20%, 20% monthly

Advisors: 2% TGE 5%, 24 months/release every 2 months


WhitePaper :https://drive.google.com/file/d/1tIRuc5CEINx0JF5PJOJeRILkgfLDAVCh/view?usp=sharing

MetagameArena(MGA) Startup Sale Rules

(1) Duration: 10:00am 29th Nov, 2021 - 10:00am 30th Nov, 2021 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)

(2) Trading starts time: 13:30pm 30th Nov, 2021 (UTC)

Trading pairs: MGA/USDT

(3) Price: 0 USDT(Public Sale Price: $0.7)

(4)Startup Supply : 71,428 MGA

(5) Users purchase using USDT.

(6) Unlock rule: 100% unlock.

(7) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.

(8) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:

the maximum number of subscriptions (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

(9) 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.

(10) 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 before trading starts.

Gate.io Labs Private Sale Participating Disclosure

Gate.io Labs has not participated in the MetagameArena(MGA) 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 evaluate 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 will open an Automated Market Maker (AMM ) for MGA, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)

2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.

3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.

4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.

5) Liquidity providers can take bonus and withdraw at any time

Gate.io is a Cryptocurrency Trading Platform Since 2013

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Gate.io Team

Nov 27th, 2021

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