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Gate.io Startup Initial Offering: Disbalancer (DDOS)

2021-04-13 16:59:05Read:381611

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 HAPI on April 14th 2021 at 4:00 AM UTC.
Startup Link: https://www.gateio.ch/cn/startup/84

1. About DisBalancer
(The information below is provided by the Disbalancer team. Please visit their website for more details)

Introduction to DisBalancer
DisBalancer, the second project to enter the Hacken Foundation, is an innovative solution that makes websites resistant to DDoS attacks. The product combines the power of Main Nodes managed by disBalancer and the rent out resources of users’ (‘farmers’) devices in a decentralized network of nodes so that the traffic generated by attackers is distributed across the network. he users (farmers) get tokens in exchange for their rent out resources while websites get protection from denial-of-service attacks.

Token Information
Token Symbol: DDOS
Total Supply:10,000,000
Circulating supply at start: 880,000

Token Distribution & Lockup

Allocation

% of total

Price $

Liquidity at TGE

START

Monthly Unlock

HAI Round

16%

$0.25

5%

80,000

10%

Private Round

20%

$ 0.35

10 %

200,000

10%

Public Round

4%

$ 0.5

100%

400,000

0%

Liquidity Pool

2%


0%

200000

0%

Farming 3y

24%


0%


+-0.67

Team

10%


0%


5%

Foundation

24%


0%


2%


Token Utility
People use free computing resources to earn DDOS tokens
Main node holders get a fee for traffic detection and load balancing in DDOS tokens

website: https://disbalancer.com/
Learn more:
https://disbalancer.medium.com/disbalancer-how-it-works-9da9e555bf52
https://hackenclub.medium.com/meet-disbalancer-tokenomics-a9bdf22fb9cd

2. DisBalancer Startup Sale Important Notices
(1) The startup sale supply: 200,000 DDOS Tokens, at price $0.5USDT per DDOS
(2) Payment Currency: USDT
USDT is used as the payment currency for this sale.
(3)Token will be distributed before listing time. You won’t get token immediately after the startup sale.
(4) The cryptocurrency market is highly volatile. The project team does not guarantee that token price will not be lower than the startup sale price. Please invest with caution, and don't invest beyond your financial capacity.

3. The Startup Sales Rules
(1) Order Duration: April 14th 4:00AM -April 15th, 2:00 AMUTC
(2) To participate in Startup Sale, users will need to be VIP1 or above.
(3) The price is $0.5 USDT
(4) Users can place orders using USDT.
(5) Users can place orders from April 14th, 4:00AM -April 15th, 2:00 AM (UTC)
Orders placed by qualified users within these 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. An insufficient balance will result in the cancellation of the purchase order.
(7) Each individual can only purchase once with each their verified account.
(8) After 2:00 AM UTC, we will collect all the qualified orders and calculate the result. The final result will be announced two hours later at 4:00 AM UTC.

Individual’ Order Placing Cap (Not Actual Purchased Amount)
1) VIP 0 are not allowed to book any token(See below for how to upgrade)
2) The higher VIP level, the higher individual cap.
3) The relationship of VIP level & individual cap:
Maximum packs you can order (not the actual purchased quantity) = the Square of VIP Level X 10
4) The hard cap per person is 1000 packs.
Example:
If a user is VIP2, the maximum packs he/she can order are: 2*2*10=40 packs
If a user is VIP3, the maximum packs he/she can order are: 3*3*10=90 packs
(please note, the booked packs are not the actual packs the user can get as startup sales are generally many times oversubscribed)

How to Upgrade to a higher VIP Level?
There are three VIP schemes available, your VIP level will be escalated when you meet any of the following:
Scheme 1: meet requirements for both 30 day’s trading volume + 14-day rolling average GT holdings
Scheme 2: Meet the 14-day rolling average GT requirement only
Scheme 3: Meet the total account value requirement only.
Learn more at: https://www.gate.io/en/fee

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
April 13, 2021

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