Gate.io Startup Initial Offering-DAO SHO Project- Legends of Crypto (LOCG)
2021-04-30 07:02:04 UTC
84502 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- 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
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up :https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gateio
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio