Announcements Gate.io Startup Initial Free Offering: SATOSHI•RUNE•TITAN (TITAN) and Announcement of Free Distribution Rules ( 14,200 TITAN) free of charge)

Gate.io Startup Initial Free Offering: SATOSHI•RUNE•TITAN (TITAN) and Announcement of Free Distribution Rules ( 14,200 TITAN) free of charge)

2024-05-31 09:32:01 UTC 21406 Read

TITAN/USDT + 0.59%

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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, SATOSHI•RUNE•TITAN (TITAN), on June 8th, 2024 at 07:00 AM (UTC).

Startup Link: https://www.gate.io/startup/1556

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1556" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>
 
**Introduction to  SATOSHI•RUNE•TITAN (TITAN)：**
LayerX Protocol is a GameFi game launch platform based on the BitLayer mainnet. Its first game, "Glorious Victory," is currently in testing and is set to officially launch on June 1st. The platform's circulating tokens are SATOSHI•RUNE•TITAN.

(The information below is provided by the SATOSHI•RUNE•TITAN (TITAN) team. Please follow the website for more information）
 
**Token Information**
Token name: TITAN
Token symbol: TITAN
Max Supply: 20,090,103 TITAN
Token Type: Runes
Token Contract: N/A

Token Distribution and Unlocked Rules:
Airdrop: 10% 
Will be distributed via airdrop to early users and community members to promote initial community building and participation.

Institutional Investors: 20% 
Allocated to institutional investors for funding support and market trust.

Operations and Technical Team: 10% 
Reserved for project operations and technical support, supporting daily operations and future development.

Ecosystem Fund: 60% 
Used to support the construction and development of the entire project ecosystem, including:
1）Game Ecosystem Pool: 20%
Including all games in the first Glorious Victory ecosystem, used to support specific projects and activities within the ecosystem. This proportion will dynamically increase based on the prosperity of the platform games.
2）New Platform Ecosystem Construction: 40% 
For exploring and investing in new ecosystems and partners.

Website:   https://layerx.cc/#/
Whitepaper: https://layerxprotocol.gitbook.io/layerx-protocol
Token Information: N/A

**SATOSHI•RUNE•TITAN (TITAN)Startup Sale Rules**
(1) Duration:  07:00 AM on June 8th - 07:00 AM on June 10th (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading starts time: 11:00 AM on June 10th (UTC), 2024    
(3) Price: $0; Startup Supply:  14,200 TITAN
(4) Unlocking Rule: 100% Unlock
(5) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899.
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs didn’t invest in SATOSHI•RUNE•TITAN (TITAN).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(2) Risk Warning:
-The project team does not guarantee that 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 31st, 2024

Gate.io Startup Initial Free Offering: SATOSHI•RUNE•TITAN (TITAN) and Announcement of Free Distribution Rules ( 14,200 TITAN) free of charge)

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