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Gate.io Startup Initial Free Offering: Orbofi (OBI) and Announcement of Free Distribution Rules (3,750,000 OBI free of charge)

2023-05-25 12:34:54 UTC 17841

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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 Orbofi (OBI) 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 Orbofi (OBI)**
Orbofi AI is the ultimate and most used AI-generated content engine in  web3, for games, apps, and every online community. Orbofi empowers consumers and developers to create onchain AI-generated content ( 2D, 3D, sounds etc..) , and create finetuned AI models in a few clicks that can be monetized. 
Orofi AI powers the entire production of AI-generated assets and finetuned AI models in web3.

(The information below is provided by the Orbofi (OBI) team. Please follow Orbofi (OBI) for more information）
 
**Token Information**
Token Name: Orbofi Token
Token Symbol: OBI
Max Supply：2,000,000,000
Token Type: BEP-20 & ERC-20
Contract:
ETH: https://etherscan.io/token/0xbb3a8fd6ec4bf0fdc6cd2739b1e41192d12b1873
BSC: https://bscscan.com/token/0x69a87c8788d4a48c1362b3b357d0e6b59c11d93f

**Token distribution ratio and unlocking rules: **
Seed 10%: TGE unlocks 5%, the remaining 95% unlocks 3.96% every month
Strategic 4.5%: TGE unlocks 7.5%, the remaining 92.5% unlocks 5.14% every month
Public 5%: TGE unlocks 10%, the remaining 90% unlocks 11.25% every month
Liquidity 9%: TGE unlocks 20%, the remaining 80% unlocks 2.22% per month
Team and future employees 16%: 1 year cliff, 4 years vesting
Advisory 2%: 1 year cliff, 4 years vesting
Developer Ecosystem 12%: 1 month cliff, 4 years vesting
Reserve 15%: 3 months cliff, 4 years vesting
Marketing 5%: TGE unlocks 5%, the remaining 95% unlocks 2.64% every amonth
Airdrop 1%: 3 months cliff, two years vesting
Staking rewards 7%: 1 month cliff, 5 years vesting
Subscribers 2%: 3 months cliff, 5 years vesting
Create & Earn 11.5%: 3 months cliff, 5 years vesting

Website: http://www.orbofi.com 
WhitePaper ：https://wiki.orbofi.com/learn/intro/readme 
 
**Orbofi (OBI) Startup Sale Rules**
(1) Duration: 09:00 AM 28th May, 2023 - 09:00 AM 29th May, 2023 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 PM 29th May, 2023 (UTC)
Trading Pairs: OBI/USDT, OBI/ETH
(3) Price: 0 USDT
(4)Startup Supply : 3,750,000 OBI
(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 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892 
(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.
  (11) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn't participated in the Orbofi (OBI) 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
May 25th, 2023

Gate.io Startup Initial Free Offering: Orbofi (OBI) and Announcement of Free Distribution Rules (3,750,000 OBI free of charge)

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