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 its next project with Taraxa (TARA) on March 20th, 2021 at 04:00(UTC).
Introduction to Taraxa
Taraxa is designed to track informal transaction to minimize the cost
& risk of confusion and disputes.The vast majority (>80%) of the
world’s transactions are informal, uncaptured, and unverifiable, often
leading to costly confusion and disputes. Taraxa leverages inline
capturing and audit logging to make these transactions trusted and
seamless.
(The information below is provided by the Taraxa team. Please follow website for more information) Token Information
Token name: Taraxa
Token symbol: TARA
Max Supply: 10,000,000,000 TARA
Token Type: ERC-20
Token Contract: Revealed after the audit
Additional issuance rules: Block rewards appear in the form of
inflation of mortgage tokens. When mortgage income is generated, block
rewards will cause inflation. But inflation only occurs when mortgage
assets are in circulation.
Seed round: 9%,
Private round: 15.1%;
Public sale: 3.8%;
Team: 15%;
Foundation: 20% (held forever);
Community & Eco: 37.1%.
TARA Startup Sale Rules
(1) Duration: 04:00 - 10:00(UTC), March 20th 2021 (Orders placed by
qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0.01 USDT/TARA. (OptionB of Taraxa Public Sale)
Startup Supply : 30,000,000 TARA
Unlocking rules: 10% will be released After Listing, the remaining part will be unlocked linearly in 4 quarters.
(4) Purchase limit: The maximum subion limit for a single user is 1000
shares; the relationship between the VIP level and the maximum subion
allocation is:
the maximum number of subions (not the final actual
subion 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
(5) Users place orders using USDT.
(6) Users can place orders from 04:00 - 10:00(UTC), March 20th 2021.
Orders placed by qualified users within these 6 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 purchase once with each KYC account.
(9) After 10:00 (UTC), 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 two hours later at 12:00(UTC), March 20th, 2021.
(10) Trading starts time: March 23th 13:00(UTC)
Gate.io Labs Private Sale Participating Disclosure
(1) Capital : 100,000 USDT
(2) Price: 0.008 USDT/ TARA
(3) Token release schedule: 25% unlocked initially, 75% unlocked in 16 month.
Attention
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and
Herzegovina, Burundi, Burma, Canada, China, 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 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 e
valuate 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.
Gate.io is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.
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