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Gate.io Startup Free Distribution: FreshCut Diamond (FCD) and Announcement of Free Distribution Rules (1,666,667 FCD free of charge)-Web3 gaming community and content ecosystem

2022-05-06 12:03:21 UTC 62465
About Gate.io Startup Program
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.

This FreshCut Diamond (FCD) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

Introduction to FreshCut Diamond (FCD)
FreshCut is a web3 gaming content platform and community for creators and fans. FreshCut Diamonds (FCD), our ERC-20/Polygon community token, will unleash the community’s potential and unlock value that has previously been concentrated in the hands of legacy web2 platforms.

FreshCut has developed an innovative, short-form gaming content experience in its web and mobile apps. Currently, FreshCut is integrating a proprietary Web3 wallet as well as engage-and-earn and create-and-earn mechanics to the app. Following on to the Web3 rewards layer, FreshCut will launch creator tipping - a product that provides 90% of tips back to creators, while the remaining 10% goes to the FreshCut community treasury.

(The information below is provided by the FreshCut Diamond (FCD) team. Please follow FreshCut Diamond (FCD) for more information)

Token Information
Token name: FreshCut Diamond
Token symbol: FCD
Max Supply:1,000,000,000
Token Type: ERC-20/Polygon
Contract: https://polygonscan.com/token/0xf78610d0a197842bf98ca45254897edd13c5d182
Token distribution ratio and unlocking rules:
Creator & Community Rewards and Treasury: 50%, up to 125M available in Year 1, up to additional 100M available in Year 2, up to additional 275M available in Years 3-5
Platform Team: 18%, 1-year lock-up followed by 3 years monthly/linear unlock
Launch Contributors: 15%, various: the majority is 1-year lock-up followed by 2 years linear unlock
Private Sale: 6%, 1-year lock-up followed by 2 years linear unlock
Public Sale: 6%, 18M unlocked at initial distribution, 30M unlocked after 6 months, 10M unlocked after 12 months
Ecosystem Partnership: 5%, Various: portion is 1-year lock-up followed by 2 years linear unlock

Website: https://diamond.freshcut.gg
Whitepaper: https://docsend.com/view/jh9tqn6wm8gw84g3

FreshCut Diamond (FCD) Startup Program Rules
(1) Duration: 10:00 AM May 11th, 2022 - 10:00 AM May 12th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 13:00 PM May 12th, 2022 (UTC)
Trading pairs: FCD/USDT
(3) Price: 0 USDT(Public Sale Price: $0.12)
(4)Startup Supply: 1,666,667 FCD
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in the Startup Program, users will need to be VIP1 and above, and can only purchase once with each KYC account.
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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
(9) 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.
(10) 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 before trading starts.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the FreshCut Diamond (FCD) private sales rounds.

(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 Startup Program complies with local laws and regulations.
(2) Risk Warning:
Please invest with caution, and don't invest beyond your financial capacity.
- The Startup Program 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 for the Startup Program before placing orders.

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Gate.io Team
May 6th, 2022

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