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Announcements Gate.io Startup Initial Offering-DAO SHO Project-Alphr (ALPHR)
Gate.io Startup Initial Offering-DAO SHO Project-Alphr (ALPHR)
2021-04-23 06:56:34 UTC 153639 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 another DAO SHO project- Alphr sale on April 24th,2021 at 4:00 AM UTC.
Startup Link: https://www.gate.io/en/startup/89

Introduction to Alphr
Alphr enables anyone to trade with the alpha of the most successful wallets in crypto. Alphr uses AMT (automated mirror trading) to mirror the trades of the most successful crypto wallets based on historic returns. Copy any wallet, search a wallet and create a pool to mirror their trades if one doesn’t already exist.

Token Information
Token Name: Alphr
Token symbol: ALPHR
Total Supply: 10,000,000
Initial Circulating supply: 683,333 ALPHR

Token Distribution
Private sale + IDO 10%
Seed: 5%
Team: 20%
Liquidity: 15%
Community development fund: 20%
Alphr protocol usage rewards:30%
Token Prices
Seed $1
20% at the TGE, 2 month cliff then 11 months vesting
Private $1.5
25% at the TGE 2 month cliff then 5 months vesting
Seed SHO
$1.5 25% at the TGE 2 month cliff then 5 months vesting
GATE.IO $1.5
25% at the TGE 2 month cliff then 5 months vesting

Token Utilities
The Alphr token ($ALPHR) is the governance token of the Alphr protocol and captures all the value of fees generated by the protocol.

website: https://www.alphr.finance/
Documentation: https://daomaker.com/company/alphr


Important Notice about Gate.io Startup Sale for ALPHR:
1. Startup supply: 20,000 ALPHR Vesting: 25% at the TGE 2 month cliff then 5 months vesting Price: $1.5
3. Payment currency: USDG, Lockup currency: DAO
4. Eligible participants: agree to lock up DAO for a period of 15 days. Individual cap is 20K DAO.
5. Token distribution: participants get a proportional amount of Alphr tokens to their share of DAO tokens locked up on Gate.io.
6. The Alphr tokens will not be released until Token Generation Event. Users won’t get any Alphr token immediately after the Gate.io startup sale.
7. The startup sale is designed for Alphr’s DAO Maker SHO portion.
8. The cryptocurrency market is highly volatile. The project team does not guarantee that token price will not be lower than SHO price. Please invest with caution, and don't invest beyond your financial capacity.

Rules of ALPHR’s DAO SHO Portion Sale on Gate.io’s Startup:
(1) Order Duration: April 24th 4:00AM –April 26th 2:00 AM UTC
(2) To participate in Startup Sale, users will agree to lock up DAO for a period of 15 days.
(3) The price is $ 1.5 USDG/ ALPHR
(4) Users can place orders by agreeing to locking up DAO for 15 days
(5) Users can place orders from April 24th 4:00AM –April 26th 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 of DAO (the full amount you agree to lockup for 15 days) and USDG (amount to pay for ALPHR token actually purchased) in accounts for the purchase after placing the orders. An insufficient DAO balance will result in the cancellation of the purchase order.
(7) Each individual can only purchase once with an account passing KYC.
(8) After April 26th 2:00 AM UTC, we will collect all the qualified orders and calculate the result and announce the result in 2 hours. USDG to pay for Participant’s ALPHR token purchase will be deducted from the participant’s account and the amount of DAO the participant agrees to lockup when placing orders will be locked for 15 days.
Participants will receive a proportional amount of ALPHR tokens to their share of DAO tokens locked up on Gate.io according to token release schedule at the TGE (the token generation event, expected April 27th).

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 23, 2021

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