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Announcements Gate.io Startup Free Offering: Epik Prime(EPIKand Announcement of Free Distribution Rules(192,379 EPIK free of charge)
Gate.io Startup Free Offering: Epik Prime(EPIKand Announcement of Free Distribution Rules(192,379 EPIK free of charge)
2021-12-06 07:22:29 UTC 77018 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 Epik Prime(EPIK) 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 Epik Prime(EPIK)

With more than 300 video game clients, Epik is the leading global licensing agency putting brands into video games to produce premium digital items and experiences for over one billion gamers worldwide with the largest digital ecosystem with hundreds of the world’s most popular entertainment brands. Epik is widely considered to be the blockchain industry leader producing collaborations for premium licensed digital collectables, NFTs and exclusive experiences powered by an interoperable proprietary cross-chain technology. Epik was the first and only NFT company to do any deals with AAA gaming companies for NFTs. Clients include ViacomCBS, Warner Music, Garena, Tencent and Universal.


(The information below is provided by the Epik Prime(EPIK) team. Please follow Epik Prime(EPIK) for more information)


Token Information

Token name: Epik Prime

Token symbol: EPIK

Max Supply:2,000,000,000

Token Type: ERC-20

Contract: 0x4da0c48376c277cdbd7fc6fdc6936dee3e4adf75

Token distribution ratio and unlocking rules:

2.1% - Liquidity 50% Release, 20% (2021-Q4), 20% (2022-Q1), 10% (2022-Q2)

15.5% - Founders 1 Year Cliff, 6.25% per quarter over 4-years

17.5% - Partners 1 Year Cliff, 6.25% per quarter over 4-years

24.9% - Private Sale 10% Release, 25% (2021-Q4), 25% (2022-Q1), 20% (2022-Q2), 10% (2022-Q3), 10% (2022-Q4)

40% - Ecosystem 8% Release, 2% per quarter over 12 years


Website: https://epikprime.com/

WhitePaper :http://info.epik.gg/optin1623956395610


Epik Prime(EPIK) Startup Sale Rules

(1) Duration: 09:00AM 8th Dec, 2021 - 9:00AM 9th Dec, 2021 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)

(2) Trading starts time: 11:00AM 9th Dec, 2021 (UTC)

Trading pairs: EPIK/USDT

(3) Price: 0 USDT(Secondary Marketing Price: $0.519807)

(4)Startup Supply : 192,379 EPIK

(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 Epik Prime(EPIK) 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 will open an Automated Market Maker (AMM ) for EPIK, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity 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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Medium:https://medium.com/@gateio

Gate.io Team

Dec 6th, 2021

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