Gate.io Startup Free Offering: Decentralized Social (DESO) and Announcement of Free Distribution Rules( 5,988 DESO free of charge)

Announcements Gate.io Startup Free Offering: Decentralized Social (DESO) and Announcement of Free Distribution Rules( 5,988 DESO free of charge)

2023-01-14 09:04:24 UTC 30507 Read

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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 Decentralized Social (DESO) 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 Decentralized Social (DESO)**
Today, social media is controlled by five centralized megacorporations, and DeSo wants to change that. DeSo is a new layer-1 blockchain like Bitcoin or Ethereum, only it's built from the ground up to decentralize social media applications.

DeSo has raised over $200 million in funding from backers including Sequoia, a16z, Coinbase, and many others. Today, DeSo has over 2 million wallets, and it can be accessed via social DApps like Diamond (diamondapp.com), OpenProsper (openprosper.com), NFTz (nftz.com), Openfund (openfund.com), and hundreds of others.
 
(The information below is provided by the Decentralized Social (DESO) team. Please follow Decentralized Social (DESO) for more information）
 
**Token Information**
Token Name: Decentralized Social
Token Symbol: DESO
Max Supply：10,808,492
Token Type: DeSo Native token 
Contract:
DESO is the native token of Decentralized Social Blockchain (DeSo block explorer: https://explorer.deso.org/)

**Token distribution ratio and unlocking rules: **
All tokens are fully unlocked.
Token distribution:
79%: Public Sale
18.5%: Founding team
2.5%: Proof of Work Mining

Website: https://deso.com
WhitePaper ：https://docs.deso.org/about-deso-chain/readme

**Decentralized Social (DESO) Startup Sale Rules**
(1) Duration: 23:00PM 18th Jan, 2023 - 23:00PM 19th Jan, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 2:00AM 20th Jan, 2023 (UTC)
Trading Pairs: DESO/USDT
(3) Price: 0 USDT
(4)Startup Supply : 5,988 DESO
(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 x 2 x 10 = 40 shares
VIP3 users can subscribe up to 3 x 3 x 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 Decentralized Social (DESO) 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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Reach out to us!
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Gate.io Team
November 16th, 2022

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