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 Ares Protocol (ARES) on April 26th, 2021 at 04:00 AM(UTC). Startup Link: https://www.gate.io/en/startup
Introduction to Ares Protocol
Ares protocol is a random Oracle solution built on substrate, which supports hybrid BABE and Off-Chain Worker. It is the first decentralized cross-chain Oracle service protocol that can realize on-chain verification, and also open up a compensation channel for data users who suffer business losses due to using Oracle data in Polkadot eco. It integrates On-Chain governance, brings the optimistic rollup challenge model into the realm of Oracle, supports ink contract, and brings a quality Oracle experience to the DeFi eco. As an infrastructure builder bridging the real world and the Blockchain network, facing the grand vision of the Web3.0 era, it provides secure and reliable data services for the development of digital economy and communication between multiple chains.
(The information below is provided by the Ares Protocol team. Please follow website for more information）
Token name: Ares Protocol
Token symbol: ARES
Max Supply: 1,000,000,000 ARES
Token Type: ERC-20
Token Contract: 0x358AA737e033F34df7c54306960a38d09AaBd523
Private Sales Price: $0.03
Financing sale: 20%
Ecological Constructio: 20 %
Community Building: 5%
Reserved by Foundation: 10%
Pledge Mining: 20%
Ares Protocol Startup Sale Rules
(1) Duration: 04:00 AM - 10:00 AM(UTC), April 26th 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0.03 USDT/ARES. Startup Supply : 3,333,333 ARES
(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 4:00 AM - 10:00 AM(UTC), April 26th 2021. Orders placed by qualified users within these 6 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 10:00 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 two hours later at 12:00 AM(UTC), April 26th, 2021.
(10) Trading starts time: April 30th 4:00 AM(UTC)
Gate.io Labs Private Sale Participating Disclosure
(1) Price: 0.006 USDT/ ARES
(2) Token release schedule: Financing sale
(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
(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
- 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
- Advanced technical and financial knowledge is
required to understand, and e valuate the inherent risks of crypto-asset
- The market volatility is high, and the price of a
token might fluctuate drastically due to technical, regulatory, and
- 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 19, 2021