Announcements Gate.io Startup Initial Free Offering: Finblox (FBX) and Announcement of Free Distribution Rules(6,666,667 FBX free of charge)

Gate.io Startup Initial Free Offering: Finblox (FBX) and Announcement of Free Distribution Rules(6,666,667 FBX free of charge)

2023-05-17 04:44:45 UTC 17654 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 airdrop benefits.
 
This Finblox (FBX) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
 
Startup Link: https://www.gate.io/startup
 
Introduction to Finblox (FBX)
Finblox is a super-app backed by Dragonfly, Sequoia Capital and Coinfund that enables users to earn up to 100x in rewards on their crypto assets by trading, staking, AI and prediction markets, in addition to offering easy on-ramp options all in one place. Finblox ecosystem is powered by the Finblox ("FBX") token.

(The information below is provided by the Finblox (FBX) team. Please follow Finblox (FBX) for more information）

Token Information
Token Name: Finblox
Token Symbol: FBX
Max Supply：10,000,000,000
Token Type: ERC-20 
Contract：https://etherscan.io/address/0x5De597849Cf72c72f073e9085bDD0DadD8E6C199
Token distribution ratio and unlocking rules: 
Private Round: 25%; 6 months lockup, quarterly unlock for 2 years.
Public Round 1/2: 6%; 20% on TGE, 20% monthly unlock after.
Team/Advisors: 20%; 1 year cliff, 5 year quarterly vesting.
Treasury/Ecosystem: 43%; 3 months cliff, 5% quarterly unlock.
Liquidity/Incentives: 6%; 20% on TGE, 20% monthly unlock after.
Website: https://finblox.com/
WhitePaper: http://docs.finblox.com

Finblox (FBX) Startup Sale Rules
(1) Duration: 8:00 am 17th May, 2023 - 8:00 am 18th May, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 pm 18th May, 2023 (UTC)
Trading Pairs: FBX/USDT
(3) Price: 0 USDT
(4)Startup Supply: 6,666,667 LMWR
(5) Unlock rule: 100% unlock.
(6) 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
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
(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) 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.
(10)That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour 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 has participated in the Finblox (FBX) investment.

Attention
(1) Countries not supported: the United States, 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 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
17th May, 2023

Gate.io Startup Initial Free Offering: Finblox (FBX) and Announcement of Free Distribution Rules(6,666,667 FBX free of charge)

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