Gate.io Startup Initial Offering-DAO SHO Project-Heroes & Empires(HE)

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-Heroes & Empires(HE)

Sale on October 9, 2021 at 10:00 AM UTC.

Startup Link: https://www.gate.io/en/startup/214

Project Introduction

Heroes & Empires is one of the first NFT gaming projects that combines the modern RPG gameplay and blockchain technology. Besides the Play 2 Earn element, the game also provides a fun gaming experience through high-end graphics, innovative auto-battler gameplay, and a competitive PvP .Heroes & Empires is a strategy game that combines the distinctive elements of Idle RPG and the tactics of auto chess, connected with blockchain technology. The game is developed on Unity engine with modern gameplay and high-end graphics, separating it from the rest. Heroes & Empires will be compatible on both PC and mobile to bring the best experience to players.

Token Information

Name: Heroes & Empires

Ticker: HE

Blockchain Network: BSC

Token Supply: 1 Billion

Initial Token Circulation: 80,050,000

Token Distirbution:

Strategic Round: 15%

Seed SHO: 1.25%

Public Round: 0.35%

Team: 15%

Advisors: 4%

Marketing&Liquidity& Incentives: 15%

In Game Reward: 30%

Eco Funds: 19.4%


Price & Vesting of Sale Rounds

Private Price: $0.01

20% unlocked on TGE, 3 months cliff, then 5% on a monthly basis

Public Price: SEED SHO $0.01

25% unlocked on TGE, 3 months cliff, then 5% on a monthly basis

Public Round:25% unlocked on TGE, 25% on a quarterly basis


Token Usecase

-> Token be used as utility for ingame activities: heroes summoning, hero leveling, clan creation, cash shop, etc

-> token be used as rewards for ingame

-> Token be used as Governance

-> token be used as reward for DeFi (LP Staking, lending/borrowing, NFT Collateral, etc)

Website: https://heroesempires.com


Important Notice about Gate.io Startup Sale for Heroes & Empires(HE)

1.Startup supply: 3,500,000 HE; Price:$0.01

Vesting: Public Round:25% unlocked on TGE, 25% on a quarterly basis

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 HE tokens to their share of DAO tokens locked up on Gate.io.

5.The HE 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 Heroes & Empires’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 Heroes & Empires(HE)’s DAO SHO Portion Sale on Gate.io’s Startup:

(1) Order Duration: October 9th 10:00:00 AM-October 10th 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 $0.01

(4) Users can place orders by agreeing to locking up DAO for 10 days

(5) Users can place orders from October 9th10:00:00 AM – October 10th 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 October 10th, 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 HE 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 HE 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

October 4, 2021