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 CryptoPunks Fraction Token(IPUNKS) 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 CryptoPunks Fraction Token(IPUNKS)
It is well known that the top tier of NFT has long suffered from high prices and low liquidity.
To solve this problem Gate.io creatively proposed a solution with NFT Fraction Token
The top NFT anchored in this issue is: CryptoPunks
The CryptoPunks are 24x24 pixel art images, generated algorithmically. Most are punky-looking guys and girls, but there are a few rarer types mixed in: Apes, Zombies and even the odd Alien.
The Cryptopunks are one of the earliest examples of a"Non-Fungible Token" on Ethe
reum,and were inspiration for the ERC-721 standard that powers most digital art and
collectibles.
In the future, Gate.io plans to support even more top-tier NFT's, so let's see

(The information below is provided by the CryptoPunks Fraction Token(IPUNKS) team. Please follow CryptoPunks Fraction Token(IPUNKS) for more information）

Token Information
Token Name: CryptoPunks Fraction Token
Token Symbol: IPUNKS
Max Supply：Each CryptoPunks work will be fragmented into 10,000 IPUNKS tokens
Token Type:ERC-20
Contract: TBD

CryptoPunks Fraction Token(IPUNKS) Startup Sale Rules
(1) Duration: 06:00 am 26th Dec, 2022 - 06:00 am 27th Dec, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 09:00 am 27th Dec, 2022 (UTC)
Trading Pairs: IPUNKS/USDT
(3) Price: 0 USDT
(4)Startup Supply : 563.69 IPUNKS
(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 100 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 CryptoPunks Fraction Token(IPUNKS) investment.

Attention
(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, 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 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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Gate.io Team
Dec 22nd, 2022