Announcements Gate.io Startup Initial Free Offering: MTG DAO(MTG) and Announcement of Free Distribution Rules(8,333,333 MTG free of charge)

Gate.io Startup Initial Free Offering: MTG DAO(MTG) and Announcement of Free Distribution Rules(8,333,333 MTG free of charge)

2023-01-17 14:16:44 UTC 30481 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", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens and airdrop benefits.

This MTG DAO(MTG) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

Introduction to MTG DAO(MTG)
$MTG is a true deflationary token with a unique game theory and built-in reward system that incentivizes on-chain transactions. With a 1% total supply burn function for each transaction made by token investors, and another 1% will go into the raffle pot where 10 random wallets are able to win $MTG as a reward every week. The more transactions you make the more tickets you will receive increasing your chances to win the raffle pot.

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

Token Information
Token Name: MTG DAO
Token Symbol: MTG
Max Supply：1,000,000,000
Token Type: Bsc-20
Contract:  https://bscscan.com/token/0xF1B602fC211e3E2976eF44E4017b764a778197E0

Token distribution ratio and unlocking rules:
KOL 3%：TGE 33.3%，4th Month 33.3%，10th Month 33.3%
SHO 25%：TGE 33.3%，4th Month 33.3%，10th Month 33.3%
Team 32%：TGE 0%，，4th Month 33.3%，7th Month 33.3%，10th Month 33.3%
Liquidity 40% ：TGE 17.5%，2nd week 30%，7th Month 20%，10th Month 32.5%

Website: https://www.mtgdao.io/
Whitepaper: https://daomaker.com/company/mtg#project-details

MTG DAO(MTG) Startup Sale Rules
(1) Duration: 10:00 AM January 18th, 2023 - 10:00 AM January 19th, 2023 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 13:00 PM January 19th, 2023 (UTC)
Trading Pairs: MTG/USDT
(3) Price: 0 USDT
(4) Startup Supply : 8,333,333  MTG
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share; 
The higher the VIP tier, the more shares.
For VIP 1 and above,  the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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
(9) 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.
(10) 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 before trading starts.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the MTG DAO(MTG) investment.

Attention
(1)Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and 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
Jan 17th, 2023

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Gate.io Startup Initial Free Offering: MTG DAO(MTG) and Announcement of Free Distribution Rules(8,333,333 MTG free of charge)

Gate.io Startup Initial Free Offering: MTG DAO(MTG) and Announcement of Free Distribution Rules(8,333,333 MTG free of charge)

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