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Announcements Gate.io Startup Free Offering: GensoKishi Metaverse(MV) and Announcement of Free Distribution Rules( 200,000 MV free of charge)
Gate.io Startup Free Offering: GensoKishi Metaverse(MV) and Announcement of Free Distribution Rules( 200,000 MV free of charge)
2022-03-22 05:21:21 UTC 59945 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 GensoKishi Metaverse(MV) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.

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

Introduction to GensoKishi Metaverse(MV)
GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights”. This iconic game has a 13 year history and has accumulated a total of 8 million downloads worldwide. It already has a 3DMMORPG game with active users, with a fully-functioning 3D metaverse, that simultaneously connects users from around the world, be it smartphones, PCs, or video game consoles.
The game has allowed users to come in and generate their own skins, characters, maps, and weapons. Now, on this GameFi version, all these items will be registered on the blockchain to be transferred, sold, and bought as NFTs. Thousands of players are waiting to play GensoKishi!

(The information below is provided by the GensoKishi Metaverse(MV) team. Please follow GensoKishi Metaverse(MV) for more information)

Token Information
Token name: GensoKishi Metaverse
Token symbol: MV
Max Supply:2,000,000,000
Token Type: Polygon/ERC-20
Contract: Polygon: 0xa3c322ad15218fbfaed26ba7f616249f7705d945
ERC-20: 0xAE788F80F2756A86aa2F410C651F2aF83639B95b
Token distribution ratio and unlocking rules:
Seed Round: 2% TGE6%,releasing 5.9% every 3 months
Seed Round2: 2% TGE11%,releasing 11.1% every 3 months
Private Sale: 5.13% TGE11%,releasing 11.1% every 3 months
Pre Sale: 0.87% TGE11%,releasing 11.1% every 3 months
Advisors 1: 2.70% TGE8%,releasing 7.7% every 3 months
Collaborators: 1.70% TGE33%,releasing 33.3% every 3 months
Marketing(Whitelist Campaign):0.12% TGE100%
IDO: 0.56% TGE11%,releasing 11.1% every 3.5 months
Bybit Liquidity and Listing : 0.88% TGE100%
Ecosystem Fund: 28% Release Accordingly
Marketing: 12% Release Accordingly
Liquidity and listing: 27% Release Accordingly
Development: 17.05% Release Accordingly

Website: https://genso.game/
WhitePaper :https://genso.game/wp-content/uploads/pdf/WhitePaper_genso_EN.pdf

GensoKishi Metaverse Startup Sale Rules
(1) Duration: 08:00 AM 22nd March, 2022 - 08:00 AM 23rd March, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 11:00 AM 23rd March, 2022 (UTC)
Trading pairs: MV/USDT
(3) Price: 0 USDT(Secondary Market Price: $0.75)
(4)Startup Supply : 200,000 MV
(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 contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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 GensoKishi Metaverse(MV) 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 MV, 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 bonuses and withdraw at any time


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Gate.io Team
March 21st, 2022

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