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Announcements Gate.io Startup Free Distribution: Street Runner(SRG) and Announcement of Free Distribution Rules (375,000 SRG free of charge) — An Open-World Street Racing Metaverse
Gate.io Startup Free Distribution: Street Runner(SRG) and Announcement of Free Distribution Rules (375,000 SRG free of charge) — An Open-World Street Racing Metaverse
2022-06-08 09:14:20 UTC 49926 Read
About Gate.io Startup 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 and airdrop benefits.

This Street Runner(SRG) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

Introduction to Street Runner(SRG)
Street Runner is an open-world street racing metaverse inspired by the Fast and Furious saga and the most famous street racing video games. Using the Play-to-Earn mechanism, players can earn rewards by racing, playing other mini-games, or selling their NFTs (cars, car parts, etc). Winning races will give you the possibility to upgrade your vehicles and buy new assets.
The Street Runner metaverse provides the chance to interact with a huge number of assets and other players. A real connexion between the virtual and real world.

(The information below is provided by the Street Runner(SRG) team. Please follow Street Runner(SRG) for more information)

Token Information
Token name: Street Runner
Token symbol: SRG
Max Supply: 160,000,000
Token Type: BEP-20
Contract: 0x722f41f6511ff7cda73a1cb0a9ea2f731738c4a0
Token distribution ratio and unlocking rules:
Seed Round: 3.50%
5.2% on TGE, 8.33%, 12.50%, 17.73%, 23.95% & 32.29% the following months
Strategic Round: 0.6%
10% on TGE, 3 months cliff, then 3.913% on a monthly basis
Private Round: 13%
10% on TGE, 3 months cliff, then 3.913% on a monthly basis
Public Round: 4%
20% on TGE, then 20% on a quarterly basis
Staking, Liquidity, MM & Incentives: 10%
30% on TGE, 3 months cliff, then 3.5% the following months
Ecosystem Growth: 25.9%
2% in the 2nd month, then 2% every month until month 11, then 5% the following months
Team: 15%
10% in the 7th month, 5 months cliff, then 15% every 3 months
Partners, Advisors & Consultants: 8%
10% in the 7th month, 5 months cliff, then 15% every 3 months
Marketing, Acquisitions & Licenses: 20%
4% on TGE, 4 months cliff, then 1%, 5% every 3 months, then 10% on 26th month every 3 months

Website: http://www.streetrunner.io
Whitepaper: https://whitepaper.streetrunner.io/

Street Runner(SRG) Startup Program Rules
(1) Duration: 09:00 AM June 14th, 2022 - 09:00 AM June 15th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Price: 0 USDT(Public Sale Price: $0.08)
(3)Startup Supply: 375,000 SRG
(4) Users purchase using USDT.
(5) Unlock rule: 100% unlock.
(6) To participate in Startup Sale, VIP 0 users need to hold of minimum $500 USDT Spot Assets in balance, and will be offered the contribution share at 1/4 of VIP 1 users’ share;
For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account.
(7) 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
(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 before trading starts.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the Street Runner(SRG) private sales rounds.

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 Startup Program complies with local laws and regulations.
(2) Risk Warning:
Please invest with caution, and don't invest beyond your financial capacity.
- The Startup Program 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 for the Startup Program before placing orders.

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Follow us on social
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Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
June 8th, 2022


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