Gate.io Startup Initial Offering Loser Coin(LOWB) and Announcement of Free Distribution Rules (1 billion LOWB free of charge)
2021-05-10 08:00:05 UTC
568338 Lire
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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