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Gate.io Startup Initial Offering Loser Coin(LOWB) and Announcement of Free Distribution Rules (1 billion LOWB free of charge)

2021-05-10 16:00:05Read:519279

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 Loser Coin on May 10th, 2021 at 08:00 AM(UTC).

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

Introduction to Loser Coin
Losercoin (ticker symbol: $LOWB) is a project initiated by two poor guys from China, one is a father of two kids from a village, the other one is a coder living a miserable life by working 60 hours a week . Two founders first heard about Bitcoin in 2017, and had lost a ton of money by trading cryptocurrencies. They started this project as an open journey and were fully prepared to lose everything. Losercoin was publicly launched on April 21, 2021 (No Initial Coin Offering), and two founders have added their whole life savings into the liquidity pool. It is guaranteed that the project team will not pump the price of $LOWB due to lack of capital, and no rug pull.


(The information below is provided by the Loser Coin team. Please follow website for more information)
Token Information
Token name:Loser Coin
Token symbol: LOWB
Max Supply: 100B
Token Type: BEP-20
Token Contract: 0x843d4a358471547f51534e3e51fae91cb4dc3f28
Token distribution and unlock method:
40 billion will be used for liquid mining (10 billion will be deployed in the Gate chain in the future)
30 billion will be used for community incentives
a) 20 billion will be airdropped (already End)
b) Community member contribution rewards (total 10 billion)
10 billion is used for PancakeSwap liquidity provision
10 billion is used for market and LowB ecological construction
10 billion is used for technology research/ development and operation

Website:https://losercoin.org/https://loserswap.com
Document:https://losercoin.org/
Token Information:https://bscscan.com/token/0x843d4a358471547f51534e3e51fae91cb4dc3f28

Globe Derivative Exchange(GDT) Startup Sale Rules
(1) Duration: 09:00AM (UTC), May 10th, 2021 - 1:00 AM(UTC), May 11th, 2021 (Orders placed by qualified users within these 17 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0 USDT. Startup Supply : 1,000,000,000 LOWB
(4) Purchase limit: The maximum subion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subion allocation is:
the maximum number of subions (not the final actual subion number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Users place orders using USDT.
(6) Users can place orders from 08:00AM(UTC), May 10th, 2021 - 1:00 AM(UTC), May 11th, 2021. Orders placed by qualified users within these 17 hours will be treated equally.
(7) 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.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 1:00 AM(UTC), 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. The final result will be announced one hours later at 2:00 AM(UTC), May 11th, 2021.
(10) Trading starts time: May 11th 3:00 AM(UTC)

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 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 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
May 10, 2021

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