Gate.io Startup Initial Free Offering: GetKicks (KICKS) and Announcement of Free Distribution Rules( 6,000,000 KICKS free of charge)
About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
This GetKicks (KICKS) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
Startup Link: https://www.gate.io/startup
Introduction to GetKicks (KICKS)
GetKicks aims to make lucrative earning opportunities for everyone with a smart device. To start, you don't have to own Crypto; our game is available for everybody! Our Mission is to bring sneakerheads to the era of Web3 and get them moving! They will be connected through their shared interest in earning tokens while getting fit!
GetKicks allows players to be active together by using Club Mode or on their own with our Solo Mode. GetKicks will also start hosting Marathon Tournaments where people will be able to climb up the leaderboards and earn some nice prizes like tokens, NFT Kicks, KickBoxes, or Accessories. Moreover, players can challenge each other directly using PvP mode, where the real action begins, and players can stake tokens against each other.
(The information below is provided by the GetKicks (KICKS) team. Please follow GetKicks (KICKS)for more information）
Token Name: GetKicks
Token Symbol: KICKS
Token Type: BEP-20
Token distribution ratio and unlocking rules:
1.5%Public :25% TGE + 3 month cliff + 15 month vesting
2.0%Strategic :10% TGE, 3 month cliff, 12 months DL vesting
3.0%Private Round :5% TGE, 3 month cliff, 18 months DL vesting
2.5%Marketing :20% TGE + 12 month Vesting
25%Partnerships/Treasury :3 month cliff + 10% Y1, 40% y2, 40% y3, 14% y4
30%Rewards :2 month cliff, 4 year monthly vesting
20%Team :12 month cliff, 18 months vesting
5%Advisors :9 month cliff, 21 months vesting
11%Liquidity fund & market making :Strategic release as per market demand
GetKicks (KICKS) Startup Sale Rules
(1) Duration: 07:00am 17th October, 2022 - 07:00am 18th October, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00am 18th October, 2022 (UTC)
Trading Pairs: KICKS/USDT
(3) Price: 0 USDT
(4)Startup Supply : 6,000,000 KICKS
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock, 3 hours after listing (01:00pm 18th October,2022)(UTC)
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
The higher the VIP tier, the more shares.
For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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
(9) 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.
(10) 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 before trading starts.
Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs hasn't participated in the GetKicks (KICKS) investment.
(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.
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 evaluate 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.
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October 12th, 2022