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Announcements Gate.io launches Discount STAR Sale on Startup
Gate.io launches Discount STAR Sale on Startup
2021-03-29 03:57:31 UTC 315540 Read
Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.

Gate.io Startup will launch its next project with FileStar(STAR) on April 1st, 2021 at 04:00(UTC).

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

Introduction to FileStar
FileStar is committed to building a distributed storage, computing and bandwidth incentive network based on the IPFS protocol, integrating the world's Internet infrastructure resources, and ultimately becoming the physical world infrastructure for building Web3.0 (Future Internet), serving other blockchain projects and Web3.0 world. In the future, FileStar will provide the computing power foundation for Ethereum's zk-rollup calculation and provide storage space for the booming NFT industry.


(The information below is provided by the FileStar team. Please follow website for more information)
Token Information
Token name: FileStar
Token symbol: STAR
Max Supply: 2,000,000,000 STAR
Token allocation proportion and unlocking rules: The total amount of STAR tokens is 2,000,000,000 STAR, no external fundraising, no pre-mining by the team, the distribution rules of the tokens are as follows: 70% is generated by mining, and the output decreases day by day, and the output is halved every 6 years. Long-term incentives for other participants in ChinaSince the launch of the mainnet on October 30, 2020, as of March 27, 2021, STAR's entire network circulation is approximately 6.27 million;


Website:https://filestar.net/zh
Document:https://filestar.net/filestar-whitepaper-zh.pdf
Token Information:https://filestar.net/zh

STAR Startup Sale Rules
(1) Duration:April 1st, 2021 04:00(UTC)-April 2nd, 2021 01:00(UTC) (Orders placed by qualified users within these 21 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 2.0 USDT/STAR. (OptionB of FileStar Public Sale)
Startup Supply : 1,000,000 STAR
(4) Purchase limit: The individual purchase limit will be calculated based on the average holdings of STAR (including the asset in Lending/Borrowing Market, and the STAR bought with USDT borrowed from Margin Trading; however, STAR borrowed from Margin Trading is not included) 3 days before the sale. Users with no STAR holdings cannot participate in the sale. Participants can have a higher purchase limit with more STAR holdings. Below shows the purchase limit based on different amount of STAR holdings.

Maximum orders (not equal to actual orders placed) =average 3-day STAR balance (take an integer value)/ 20. The purchase limit is 1,000 orders.
(5) Users can place orders from April 1st, 2021 04:00(UTC)-April 2nd, 2021 01:00(UTC) . Orders placed by qualified users within these 21 hours will be treated equally.
(6) 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.
(7) Each type of currency can only purchase once with each KYC account.
(8) 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.


Attention
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
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 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 e valuate 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.

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
March 29, 2021

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