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-Brokoli (BRKL)

Sale on September 29, 2021 at 10:00 AM UTC.

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


Project Introduction
Brokoli is an impact-to-earn NFT tree metaverse. Here, every DeFi function is climate positive at no extra cost for the user. Users can make, own, and trade the positive impact they make by using Brokoli's green DeFi products.

Brokoli's core platform: a green aggregator for token swaps, lending and yield farming. It makes every DeFi transaction climate positive at no extra cost for the user.

API: Any GameFi and DeFi platform can implement the Brokoli API to make their transactions climate positive, generating more revenue, brand awareness and users for Brokoli.

NFT Digital Forests: Users can receive seeds by using Brokoli's green products or by completing quests. These seeds are turned into NFT trees after the DAO vote. Digital NFT forests will be tradable as Brokoli Impact Credits with other users that want to move up the leaderboard of impact, and with corporates that want CSR (corporate social responsibility) - it's a decentralized alternative to carbon credits.

Governing the protocol is the decentralized autonomous organization (DAO) model that controls 100% of the climate offset funding, with the BRKL token at its core. This mechanism distributes the funds collected between Tree Planting, Renewable Energy and Electronic Waste Collection projects around the globe, with token holders having 100% control of the fund allocations.

Token Information
Ticker:BRKL
Total Supply: 125,000,000
Initial circulating supply: 14,048,437
Decimal places: 18
Price of token: $0.064

Token Distirbution:
Private Sale: 23.75%
Public Sale: 4.38%
Liquidity: 15%
Eco Incentives: 25.28%
Team: 15%
Advisors: 2%
Development: 14.6%

Price & Vesting of Sale Rounds
Price:$0.064
vesting schedule: 20% at TGE, 3 month cliff, then daily unlocks over 15 months

Token Usecase
Token holders vote on climate offset project funding
Fees distributed to random users of the platform
Fees distributed as token holder rewards
Fees used for token burn
Fees distributed to LPs (later to development fund)

Website: https://brokoli.network/


Important Notice about Gate.io Startup Sale for Brokoli (BRKL)
1.Startup supply: 781250 BRKL; Price:$0.064
Vesting: 20% at TGE, 6-month cliff, then 16% quarterly
2.Payment currency: USDG, Lockup currency: DAO
3.Eligible participants: agree to lock up DAO for a period of 10 days. Individual cap is 20K DAO.
4.Token distribution: participants get a proportional amount of BRKL tokens to their share of DAO tokens locked up on Gate.io.
5.The BRKL tokens will not be released until the Token Generation Event. Users won’t get any token immediately after the Gate.io startup sale.
6.The startup sale is designed for Brokoli‘s DAO Maker SHO portion.
7.The cryptocurrency market is highly volatile. The project team does not guarantee that the token price will not be lower than SHO price. Please invest with caution, and don't invest beyond your financial capacity.


Rules of Brokoli (BRKL)’s DAO SHO Portion Sale on Gate.io’s Startup:
(1) Order Duration: September 29th 10:00:00 AM-September30th 2:00 AM UTC
(2) To participate in Startup Sale, users should agree to lock up DAO for a period of 10 days.
(3) The price is $0.064
(4) Users can place orders by agreeing to locking up DAO for 10 days
(5) Users can place orders from September 29th10:00:00 AM – September 30th 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 10 days) and USDG (amount to pay for new tokens actually received) in accounts after placing the orders. An insufficient DAO or USDG balance will result in the cancellation of the purchase order.
(7) Each individual can only purchase once with an account passing KYC.
(8) After September 30th, 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 BRKL 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 10 days. Participants will receive a proportional amount of BRKL tokens to their share of DAO tokens locked up on Gate.io according to the token release schedule.

Example(with hypothetical data ):
If the total DAO locked by all startup sale participants is 20,000 DAO. The total supply of new tokens offered on Gate.io startup sale is 1,000,000 new tokens. Token price is 0. 1 USDG per token. Participants are required to lock DAO for a period of 15 days.

If User A agreed to lock 500 DAO (by placing order) for a period of 15 days. Then,

User A’s share of the new tokens (also his share of DAO locked): 500/20,000=2.5%
Users A will receive new tokens: 2.5%X 1,000,000=25,000 new tokens.
User A’s USDG payment: the actual new token user A will receive X token price: 25,000X0. 1=2500 USDG

After the sale, user A’s 500 DAO will be locked for 15 days.
And USDG for purchase of the new tokens will be deducted from User A’s spot account balance.


Attention:

(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China (Taiwan), 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 uate 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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Gate.io Team

Sep 27, 2021