Gate.io Startup Initial Free Offering: Victory Gem (VTG) and Announcement of Free Distribution Rules (5,000,000 VTG 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." Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.
Gate.io Startup will launch its next project, Victory Gem (VTG), at 04:00 AM on April 28th (UTC), 2022.
Startup Link: https://www.gate.io/startup
Introduction to Victory Gem (VTG)
VTG is a token on the Binance Smart Chain. You can earn VTG by playing competitive multiplayer games on nWayPlay, and in turn use VTG earned to buy NFTs that offer in-game utility. The first game to utilize VTG is Olympic Games Jam: Beijing 2022 (OGJ), a cross-play party game on Android and iOS, where up to 20 players compete in real-time through a series of chaotic mini-games until one champion emerges. Olympic Games Jam: Paris 2024 is under development and will also be using the VTG token to enable P2E functionality. Both Olympic Games Jam: Beijing 2022 and Olympic Games Jam: Paris 2024 are officially licensed from the International Olympic Committee (IOC).
(The information below is provided by the Victory Gem team. Please follow their website for more information）
Token name: Victory Gem
Token symbol: VTG
Max Supply: 1,000,000,000 VTG
Token Type: BEP20
Token Distribution and Unlocking Rules:
no lock-up; releases linearly for 65 months
*Team & Advisors: 10%
1 year lock-up then 3 years vesting
*Game Rewards: 50%
no lock-up; claimable at listing launch
no lock-up; releases first 12 months
Victory Gem Startup Airdrop Rules
(1) Duration: 04:00 AM on April 28th—04:00 AM on April 29th (UTC), 2022. (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Airdrop, users will need to be VIP1 and above.
(3) Price: $0; Public Round Price: $0.01; Startup Supply: 5,000,000 VTG
(4) Subscription limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription 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) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 04:00 AM on April 28th—04:00 AM on April 29th (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the airdrop eligibility after placing the orders until we announce the airdrop result. An insufficient balance will result in the cancellation of the airdrop distribution.
(9) Each type of currency can only be staked once with each KYC account.
(10) After 04:00 AM(UTC) on April 29th, we will collect all the qualified orders and distribute the tokens according to the ratio of the individual USDT placing orders to all participation orders in total.
(11) Trading starts time: 07:00 AM (UTC) on April 29th
Gate.io Investment Participating Disclosure
Gate.io Labs didn’t invest in Victory Gem
(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 that your participation in the token sale on Startup complies with local laws and regulations.
(2) Risk Warning:
- The project team does not guarantee that the 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.
Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now.
Follow us on social
April 27th, 2022