Announcements Gate.io Startup Free Offering: JPG and Announcement of Free Distribution Rules( 1,098,901 JPG free of charge)

Gate.io Startup Free Offering: JPG and Announcement of Free Distribution Rules( 1,098,901 JPG free of charge)

2023-11-09 14:25:19 UTC 17346 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 JPG 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 JPG**
The $JPG token is an innovative Loyalty & Rewards program built on the Cardano blockchain. It's designed to transform how loyalty and rewards systems operate in the web3 space. $JPG empowers users with greater control, transparency, and efficiency in their rewards, contrasting with traditional, rigid systems. The JPG foundation is deeply committed to providing a vibrant and inclusive ecosystem. Its primary goal is to enhance the Cardano NFT Ecosystem and specifically benefit the JPG Store marketplace, offering exciting prospects for both users and businesses.
 
(The information below is provided by the JPG team. Please follow JPG for more information）
 
**Token Information**
Token Name: JPG
Token Symbol: $JPG
Max Supply：1,000,000,000
Token Type: Cardano Native Asset
Contract:
https://cardanoscan.io/token/681b5d0383ac3b457e1bcc453223c90ccef26b234328f45fa10fd2764a5047

Token distribution ratio and unlocking rules: 
Community Rewards(56%)：560,000,000 JPG  (50,000,000 $JPG unlock at TGE)
Liquidity (14%): 140,000,000 JPG (100% unlock at TGE）
Foundation Treasury(25%):  250,000,000 JPG (10,000,000 $JPG unlock at TGE | 1% of total supply)
Investors/Contributors(5%): 50,000,000 (locked for the first year, and then vests over one year)

Website: https://www.jpg.foundation/ & http://jpg.store
WhitePaper ：https://docs.jpg.foundation/jpg-foundation/overview/introduction
 
**JPG ($JPG) Startup Sale Rules**
(1) Duration: 11:00 AM 12th Nov, 2023 - 11:00 AM 13th Nov, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 14:00 PM 13th Nov, 2023 (UTC)
Trading Pairs: JPG/USDT
(3) Price: 0 USDT
(4)Startup Supply : 1,098,901 JPG
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User receives will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users' existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892 
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share. The specific subscription rules can be found at https://www.gate.io/article/31899 . 
(8) Announcement of results: After the end of the day's subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(9) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior 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 JPG($JPG) investment.

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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
Nov 9th, 2023

Gate.io Startup Free Offering: JPG and Announcement of Free Distribution Rules( 1,098,901 JPG free of charge)

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