Gate.io Startup Free Offering: Ethermon (EMON) and Announcement of Free Distribution Rules (920,938 EMON free of charge)
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, Ethermon (EMON), on Dec 15th, 2021 at 10:00 AM(UTC).
Startup Link:https://www.gate.io/startup
Introduction to Ethermon (EMON)
Ethermon is a rare example of a collectible NFT-based project that has functional 2D and 3D play-to-earn game modes, where the same NFT’s allow players to earn across multiple platforms. Ethermon's first product was its competitive 2D auto-battle collectible game that focused on team building and strategy. Now, those same Ethermon can be brought into 3D Decentraland and used to battle enemies & bosses, loot rare NFT drops, and earn $EMON in a turn-based, skill-driven MMO environment.
(The information below is provided by the Ethermon team. Please follow website for more information)
Token Information
Token name: Ethermon Token
Token symbol: EMON
Max Supply: 400,000,000 EMON
Token Type: ERC20
Token Contract: 0xd6a5ab46ead26f49b03bbb1f9eb1ad5c1767974a
Token Distribution and Unlocking Rules:
*Seed round: 3.88%
0.39% at TGE, then 0.58% for month 6 and month 12, 1.16% for month 18 and month 24
*Strategic round: 3.79%
0.57% at TGE, 0.57% for month 6, 0.76% for every 6 months
*Private: 6.88%
1.38% at TGE, then 1.38% for every 6 months
*Public round: 0.50%
Fully unlock
*Advisor 1: 1.75%
Fully unlock
*Advisor 2: 1.00%
12 months cliff, then 0.25% for every 3 months
*Advisor 3: 0.125%
0.025% at TGE, then 0.025% for month 12, 18, 24
*Advisor 4: 1.625%
12 months cliff, then monthly vesting for 24 months
*Team: 15%
12 months cliff, then monthly vesting for 24 months
Marketing/Eco/Treasury: 33.45%
Spread over 5 year
Play-To-Earn: 32.00%
Spread over 5 years
Website: https://ethermon.io/
Whitepaper: https://docs.ethermon.io/whitepaper
Token Information: https://etherscan.io/token/0xd6a5ab46ead26f49b03bbb1f9eb1ad5c1767974a
Ethermon Startup Sale Rules
(1) Duration: 10:00 AM on Dec 15th-10:00 AM on Dec 16th(UTC), 2021 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP1 and above.
(3) Price: $0; Market Price(Reference): $0.118533; Startup Supply: 920,938 EMON
(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) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 10:00 AM on Dec 15th-10:00 AM on Dec 16th(UTC), 2021. 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 10:00 AM(UTC) on Dec 16th, 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: 12:00 PM(UTC) on Dec 16th, 2021
Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn't invest in Ethermon
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 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 uate 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 will open an Automated Market Maker (AMM ) for EMON, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from the liquidity pool transaction fee and GT token rewards from the liquidity reward pool. High annual rate rewards with security.
AMM Trading Market and AMM Liquidity Mining
Gate.io has launched a new version of the liquidity pool (centralized automated market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.
The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:
1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonus and withdraw at any time
Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Follow us on social media
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gateio
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio
Gate.io Team
Dec 8th, 2021