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Gate.io Startup Initial Offering-DAO SHO Project- Legends of Crypto (LOCG)

2021-04-30 15:02:04Read:39360

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- Legends of Crypto sale on May 1st,2021 at 10:00 AM UTC.
Startup Link: https://www.gate.io/en/startup/100

Project Introduction
Legends of Crypto (LOC) is a groundbreaking type of Top Trump Card Game on blockchain where players can win valuable tokens and NFT items, while card owners can earn rewards from prize pools. It leverages Decentralized Finance and DAO governance to create a sustainable, enjoyable and fun playing game eco. Additionally, it aims to deliver learning and educational benefits to players and collectors.Dedicated to famous crypto industry characters they want to celebrate the history of cryptocurrencies triumph.

Token Information
Token symbol: LOCG
Token Supply: 150,000,000
Initial circulating supply:12.3%

Token Distribution
Seed:7.7%
Private:24.4%
Public: 2.9%
Rewards Fund1&2’: 10%
Prize fund: 10%
Team & Advisors: 15%
DEX Launch &Treasury: 10%
FD Reserve: 5%
Eco Fund: 10%
Community &Maketing:5%
Token Prices
Seed Round: Price:$0.020
Lock-up: 15% unlock at TGE, weekly unlock for 10 months
Private Sale: Price: $0.030
Lock-up: 15% unlock at TGE, weekly unlock for 10 months
Public Sale: Price: $0.036
Lock-up: 33.33% unlock at the TGE, 33.33% unlock for 2 months

Token Utilities
Payments, Reward, Access, Governance/Voting, Features change.

website:https://locgame.io/


Important Notice about Gate.io Startup Sale for Legends of Crypto:

1.Startup Supply: 416,666.6 LOCG, Price $0.036, Funds Raising Goal: $15000 Token vesting: 33.33% at TGE and 33.33% monthly.
2.Payment currency: USDG, Lockup currency: DAO
3.Eligible participants: agree to lock up DAO for a period of 15 days. Individual cap is 2K DAO.
4.Token distribution: participants get a proportional amount of new tokens to their share of DAO tokens locked up on Gate.io.
5.The new tokens will not be released until Token Generation Event.
6.The startup sale is designed for Legends of Crypto’s DAO Maker SHO portion.
7.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 Legends of Crypto’s DAO SHO Portion Sale on Gate.io’s Startup:

(1)Order Duration: May 1st 10:00AM –May 2nd 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 $ $0.036
(4)Users can place orders by agreeing to locking up DAO for 15 days
(5)Users can place orders from May 1st 10:00AM –May 2nd 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 the new tokens 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 May 2nd 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 new 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 LOCG 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 May 3rd).


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 30, 2021

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