Announcements Gate.io Startup Free Offering: Kingdomverse(KING) and Announcement of Free Distribution Rules (1,428,571KING free of charge)

Gate.io Startup Free Offering: Kingdomverse(KING) and Announcement of Free Distribution Rules (1,428,571KING free of charge)

2023-02-15 05:52:23 UTC 19494 Read

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About Gate.io Startup Free Airdrop Program 
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.

Gate.io Startup will launch its next project, Kingdomverse(KING)  , on February 16th 2023 at 7:00 AM (UTC).

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

Introduction to Kingdomverse(KING)
Kingdomverse is a PLAY-TO-OWN (P2O) mobile game metaverse made of multiple different casual mobile games, connected by a dynamic open world social hub where players can interact, trade and battle one another.

(The information below is provided by the team. Please follow the website for more information）

Token Information
Token name: Kingdomverse
Token symbol: KING
Max Supply: 1,000,000,000KING
Token Type: ERC-20
Token Contract:
0x149D8290F653dEB8e34c037D239d3d8EeE9de5aD
Token Distribution and Unlocking Rules: 
*Seed 1: 6.7%
6 months lock-up, first trench 20% after lockup; remaining 80% - 12 months monthly vesting.
*Seed 2: 0.25%
6 months lock-up, first trench 20% after lockup; remaining 80% - 12 months monthly vesting.
*Strategic: 3.6%
6 months lock-up, first trench 20% after lockup; remaining 80% - 12 months monthly vesting.
*Public(Listing): 0.25%
N/A
*Team: 20%
12 months lock-up , 12 months monthly vesting.
*Advisor: 5%
12 months lock-up, 18 months monthly vesting.
*Community and Ecosystem: 29.7%
0.5% upon listing, 18 months monthly vesting.
*Marketing: 8.1%
2% upon listing, 18 months monthly vesting.
*Liquidity: 7.5%
50% upon listing, 18 months monthly vesting.
*Reserve: 12.9%
2% upon listing, 18 months monthly vesting.
*Reserve(Token Warrant): 6%
6 months lock-up, first trench 20% after lockup; remaining 80% - 12 months monthly vesting.

Website: https://kingdomverse.xyz/
Whitepaper: https://kingdomverse.xyz/assets/whitepaper.pdf
Token Information: 
https://etherscan.io/token/0x149D8290F653dEB8e34c037D239d3d8EeE9de5aD

Kingdomverse(KING) Startup Sale Rules
(1) Duration: 7:00 AM(UTC) on February 16th - 07:00 AM(UTC) on February 17th, 2023 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0; Startup Supply: 1,428,571KING
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.
For example:
VIP1 users can subscribe up to 1×1×10 = 10 shares
VIP2 users can subscribe up to 2×2×10 = 40 shares
VIP3 users can subscribe up to 3×3×10 = 90 shares 
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 7:00 AM(UTC) on February 16th - 07:00 AM(UTC) on February 17th, 2023. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 07:00 AM(UTC) on February 17th , 2023, 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.
(11) Trading starts time: 10:00 AM(UTC) on February 17th , 2023

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Kingdomverse

Attention
(1) Countries not supported:USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, 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
February 14th, 2023

Gate.io Startup Free Offering: Kingdomverse(KING) and Announcement of Free Distribution Rules (1,428,571KING free of charge)

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