Announcements Gate.io Startup BRC20/Ordinals Free Offering: $drac(DRAC) and Announcement of Free Distribution Rules (100,000 DRAC free of charge)

Gate.io Startup BRC20/Ordinals Free Offering: $drac(DRAC) and Announcement of Free Distribution Rules (100,000 DRAC free of charge)

2023-05-09 13:23:03 UTC 34419 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, $drac(DRAC), on May 9th, 2023 at 03:00 PM (UTC).

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

Introduction to $drac(DRAC)：
Inspired by the vampire Count Dracula, $drac takes its name from the abbreviation dracula, and the number 1260, known as the vampire number. The $drac inscription became the beginning of the BRC20 inscription era, attracting the attention and purchase of many BRC20 enthusiasts.

(The information below is provided by the DRAC team. Please follow the website for more information）
 
Token Information
Token name: DRAC
Token symbol: DRAC
Max Supply: 106,824,000 DRAC
Token Type: BRC20
Token Info: https://unisat.io/brc20/Drac
Token Distribution and Unlocked Rules:
Fair Launch.
Website: https://unisat.io/brc20/Drac
Whitepaper: Not Available
Token Information: https://unisat.io/brc20/Drac

$drac(DRAC) Startup Sale Rules
(1) Duration:  03:00 PM on May 9th - 4:00 AM on May 10th (UTC), 2023 
(Orders placed by qualified users within these 13 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: 100,000 DRAC
(4) Purchase limit: The maximum subscription limit is 1500 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892
That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
(5) Unlocking Rule: Unlock
(6) Users can place orders from 03:00 PM on May 9th- 4:00 AM on May 10th (UTC), 2023.Orders placed by qualified users within these 13 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 be purchased once with each KYC account.
(9) After 04:00 AM on May 10th (UTC), 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.
(10) Trading starts time: 06:00 AM on May 10th (UTC), 2023

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

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
May 9th, 2023

Gate.io Startup BRC20/Ordinals Free Offering: $drac(DRAC) and Announcement of Free Distribution Rules (100,000 DRAC free of charge)

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