Announcements Gate.io Startup Free Offering: Lord of Dragons (LOGT) and Announcement of Free Distribution Rules (168,351 LOGT free of charge)

Gate.io Startup Free Offering: Lord of Dragons (LOGT) and Announcement of Free Distribution Rules (168,351 LOGT free of charge)

2023-05-26 16:38:27 UTC 36790 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". 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, Lord of Dragons (LOGT), on May 31st, 2023 at 06:00 AM (UTC).

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

Introduction to Lord of Dragons (LOGT)：
Lord of Dragons (LOGT) is a unique mobile game that combines traditional MMORPG gameplay with non-fungible tokens (NFTs) and Free-to-Earn (F2E) elements. The P2E market has seen significant growth in recent years, with many P2E games emerging that prioritize 'Earn' over quality. Lord of Dragons, however, prioritizes 'Fun' as the core value of gaming, offering a high-quality experience that ensures players continue to enjoy the game for its own sake and for the potential to earn money.

(The information below is provided by the  Lord of Dragons  team. Please follow the website for more information）

Token Information
Token name: Lord of Dragons 
Token symbol: LOGT
Max Supply: 1,000,000,000 LOGT
Token Type: ERC-20 
Token Contract: 
0xba58444c8050ed9385b7417533a73644036d21eb 
Token Distribution and Unlocked Rules:
* Liquidity 4.2% 
100% TGE

*Reserve 4%
10%TGE, released over 36 months

*Sale 4%
5 months cliff, released over 10 months

*Operation  7.8% 
10%TGE, released over 48 months

*Team & Adviser 12%
5 months cliff, released over 36 months

*Marketing 15%
10%TGE, released over 48 months

*Strategic & Partnership  8%
5 months cliff, released over 36 months

*Game Incentives/ Staking Reward 45%
released over 60 months

Website: https://lordofdragons.io/
Whitepaper: https://docs.lordofdragons.io/ 
Token Information: https://etherscan.io/token/0xba58444c8050ed9385b7417533a73644036d21eb

Lord of Dragons (LOGT)Startup Sale Rules
(1) Duration:  06:00 AM on May 31st - 06:00 AM on June 1st (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0; Startup Supply: 168,351LOGT
(4) Purchase limit: The maximum subscription limit is 1500 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892
That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
(5) Unlocking Rule: Unlock
(6) Users can place orders from 06:00 AM on May 31st - 06:00 AM on June 1st (UTC), 2023.Orders placed by qualified users within these 24 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 be purchased once with each KYC account.
(9) After 06:00 AM on June 1st (UTC), 2023, 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.
(10) Trading starts time: 09:00 AM on June 1st (UTC), 2023

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Lord of Dragons

Attention
(1) Countries not supported: 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 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
May 27th, 2023

Gate.io Startup Free Offering: Lord of Dragons (LOGT) and Announcement of Free Distribution Rules (168,351 LOGT free of charge)

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