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    Gate.io Startup Initial Free Offering: Atlas Navi(NAVI) and Announcement of Free Distribution Rules(242,424 NAVI free of charge)

    2022-11-27 13:42:10 UTCRead:17409
    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 and airdrop benefits.

    This Atlas Navi Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

    Introduction to Atlas Navi(NAVI)
    Atlas Navi is the first Drive to Earn navigation app using AI and the smartphone camera to avoid traffic by detecting road conditions automatically: road work, potholes, accidents, traffic, parking, police and rerouting drivers.
    Atlas Navi is licensed by multiple Automotive Brands to sell 3D NFT cars with real utility inside the app. App is available for download now.
    Drivers earn rewards for each mile driven. The more you drive, the more you earn.
    With a sustainable business model and multiple revenue streams from real services (vehicle maintenance, insurance, refueling and others), Atlas Navi is set to become the dominant navigation app and the leading NFT platform for Automotive Brands to sell vehicle NFTs.

    (The information below is provided by the Atlas Navi team. Please follow Atlas Navi for more information)

    Token Information
    Token Name: Atlas Navi
    Token Symbol: NAVI
    Max Supply:300,000,000
    Token Type: ERC-20
    Contract: https://etherscan.io/address/0xFc1C93a2507975E98b9d0E9260Ded61A00152BF1
    Token distribution ratio and unlocking rules:
    Seed:3.33%, TGE - 5%, 3 months cliff.
    5% per month - linear release month 4;
    7.5% per month - linear release, starting month 13.
    Strategic: 6.33%, TGE - 4.96%, 11 months cliff.
    7.92% per month - linear release starting month 13
    Private sale:10.00%, TGE - 10%, 3 months cliff.
    6% per month - linear release from month 4 until month 18
    Partner:1.33%, TGE - 20% , 3 months cliff.
    8.89% per month - linear release
    Public sale:1.33%, TGE - 20%, 3 months cliff.
    8.89% per month - linear release
    Team:9.00%, TGE - 0%. 12 months cliff.
    4.17% per month - linear release from Month 13 until Month 36.
    Marketing:10.67%, TGE - 1.5%.
    1% per month - linear release in Month 2.
    0% in Month 3.
    1% per month - linear release from Month 4 until Month 12.
    3.69% per month - linear release from Month 13 until Month 36.
    Rewards:30.00%, TGE - 0%.
    1.5% / week - linear release in Week 2.
    1.5% / month - linear release starting in Month 2 until Month 12.
    2.16% / month - linear release starting Month 13 until Month 50.
    Development:10.00%, TGE - 0%.
    1% / month - linear release in Week 2.
    1% / month - linear release starting in Month 2 until Month 12.
    3.67% / month - linear release starting Month 13 until Month 36.
    Liquidity:13.00%, TGE - 15%.
    5% / month - linear release in Month 4 and Month 7.
    5% / month - linear release from Month 13 until Month 27.
    Advisors:5.00%, TGE - 5% + 3 Months lock.
    4.52% / month - linear release from Month 4 until Month 25.

    Website: http://www.AtlasNavi.com
    Whitepaper: https://docs.atlasnavi.com (not yet live)

    Atlas Navi Startup Sale Rules

    (1) Duration: 09:00 AM November 28th, 2022 - 09:00 AM November 29th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
    (2) Trading Starts Time: 12:00 PM November 29th, 2022 (UTC)
    Trading Pairs: NAVI/USDT
    (3) Price: 0 USDT
    (4)Startup Supply : 242,424 NAVI
    (5) Users purchase using USDT.
    (6) Unlock rule: 100% unlock.
    (7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
    The higher the VIP tier, the more shares.
    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 Atlas Navi investment.

    (1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and Bolivia.
    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 the 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.

    Gateway to Crypto
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    Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now.

    Follow us on social
    Twitter: https://twitter.com/gate_io
    Telegram: https://t.me/gate_io
    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    November 27th, 2022

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