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    Announcements Gate.io Startup Free Offering: Callisto Network (CLO) and Announcement of Free Distribution Rules(10,536,402 CLO free of charge)

    Gate.io Startup Free Offering: Callisto Network (CLO) and Announcement of Free Distribution Rules(10,536,402 CLO free of charge)

    2022-11-05 08:51:18 UTC 69411 Read
    About Gate.io Startup Free Airdrop 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 and airdrop benefits.

    This Callisto Network(CLO) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

    Introduction to Callisto Network(CLO)
    Callisto Network is a Smart Contract platform based on a proof-of-work blockchain. "CLO" is the native coin of Callisto Network; it allows for fast, secure, and low-cost transactions.
    Founded by Dexaran, co-founder of Ethereum Classic, Callisto Network has made numerous contributions to improve Ethereum, Ethereum Classic, EOS and has audited over 320 smart contracts without any of them being hacked, establishing the team as one of the crypto security industry leaders.
    Today Callisto Network is leveraging its expertise to pioneer the most advanced and secure proof-of-work blockchain.

    (The information below is provided by the Callisto Network(CLO) team. Please follow Callisto Network(CLO) for more information)

    Token Information
    Token Name:Callisto Network
    Token Symbol: CLO
    Max Supply:6,500,000,000
    Token Type: Native coin
    Contract: https://explorer.callisto.network/
    Token distribution ratio and unlocking rules:
    Total supply :6,500,000,000
    Current supply: 3,248,838,023
    Mint by block in the future: 3,251,161,977

    Website: https://callisto.network/
    Whitepaper: https://docs.callisto.network/

    Callisto Network(CLO) Startup Sale Rules
    (1) Duration: 07:00 AM November 10th, 2022 - 07:00 AM November 11th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
    (2) Trading Starts Time: 10:00 AM November 11th, 2022 (UTC)
    Trading Pairs: CLO/USDT
    (3) Price: 0 USDT
    (4)Startup Supply : 10,536,402 CLO
    (5) Users purchase using USDT.
    (6) Unlock rule: 100% unlock.
    (7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
    The higher the VIP tier, the more shares.
    For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
    Each user can only purchase once with 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 hasn't participated in the Callisto Network(CLO) investment.

    Attention
    (1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and Bolivia.
    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 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.


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    Gate.io Team
    November 5th, 2022


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