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    Gate.io Startup Initial Free Offering Zeitgeist(ZTG)and Announcement of Free Distribution Rules( 96,000 ZTG free of charge)

    Creation Time:2022-06-29 02:12:40 UTCRead:24358

    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 Zeitgeist (ZTG) 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 Zeitgeist (ZTG)
    Zeitgeist is a decentralized prediction market protocol. Built in Substrate, it is a live parachain of Kusama (the sister chain of Polkadot). Zeitgeist is building an application that not only allows users to make various predictions on numerous markets, but also allows for them to create their own markets - with a full SDK being made available for software developers. In addition to a holistic Prediction Market offering, Zeitgeist also plans to implement the “futarchy form of governance” to its blockchain protocol: A governance model proposed by economist Robin Hanson whereby decisions are arrived via prediction markets as opposed to traditional “one man one vote” democratic consensus.

    (The information below is provided by the Zeitgeist (ZTG) team. Please follow Zeitgeist (ZTGt) for more information)

    Token Information
    Token Name: Zeitgeist Token
    Token Symbol: ZTG
    Max Supply:100,000,000
    Token Type: substrate coin
    Contract: N/A
    Token distribution ratio and unlocking rules:
    Seed: 7% Subject to 12 months vesting with 20% available at genesis and 80% on a continuous vesting schedule.
    Stategic: 6% Subject to 9 months vesting with 20% available at genesis and 80% on a continuous vesting schedule.
    Shape the future :8% Subject to a 30 day lock up.
    Community:2% Rewards that are granted to the community through marketing efforts such as the Kusama Derby, the Zeitgeist Beta Campaign, and future events
    PLO:40% These funds are reserved for use as rewards during Zeitgeist's parachain lease offering on Kusama. 30% will be available at genesis with the remaining 70% on a continuous vesting schedule over the lease period.
    Team:15% Subject to 24 months vesting, with a 6 month cliff, and a continuous vesting schedule for the remaining 18 months.
    Zeitgeist Foundation:22% These tokens are reserved by Zeitgeist Foundation LTD, a Singaporean non-profit entity, and will be used for future grants, development, and other long-term ways to sustain the Zeitgeist network.

    Website: https://zeitgeist.pm/
    WhitePaper :https://drive.google.com/file/d/1gWVAnLgw0aXYqbl6LkAJPgV7FYiJdekx/view

    Zeitgeist (ZTG) Startup Sale Rules
    (1) Duration: 11:00 AM 29th June, 2022 - 11:00 AM 30th June, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
    (2) Trading starts time: 1:00 AM 1st July, 2022 (UTC)
    Trading pairs: ZTG/USDT
    (3) Price: 0 USDT( Initial Price: $1.25)
    (4) Startup Supply : 96,000 ZTG
    (5) Users purchase using USDT.
    (6) Unlock rule: 100% unlock.
    (7) 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
    (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 hasn't participated in the Zeitgeist (ZTG) 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 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.

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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 29th, 2022


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