Announcements GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: qiibee(QBX) and Announcement of Free Distribution Rules(1,400,00 QBX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: qiibee(QBX) and Announcement of Free Distribution Rules(1,400,00 QBX free of charge)

2024-10-08 08:08:49 UTC 47479 Read

QBX/USDT -7.94%

[//]:content-type-MARKDOWN-DONOT-DELETE
This qiibee(QBX) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this qiibee(QBX) Subscription.

**Introduction to qiibee(QBX) :**
Our vision is to make loyalty currencies one of the top 3 global payment methods.
We offer a decentralized payment infrastructure that enables businesses and consumers to trade loyalty currencies and enrich them with more liquidity.

**Token Information**
Token Name:  qiibee foundation
Token Symbol: QBX
Max Supply：1,380,392,157 QBX
Token Type: ERC-20
Smart Contract Address: https://etherscan.io/address/0x72FDc31f4a9a1EDF6B6132D3C1754F1CdcF5D9B1
Token distribution ratio and unlocking rules: 
Ecosystem & Community (54%):
The total allocation will be unlocked in a linear fashion over 60 months and distributed as follows:
-48% is reserved for VIR to QBX exchange, social activities, community events, bounties, future airdrops, referral systems and much more
-4% is reserved for the QBX Founders Key airdrop to holders (25% unlocked at TGE, 75% vested for 6 months with daily linear unlock)
-2% is reserved for future activities with the holders of a QBX Founders Key and QBX VIP Club Membership

**Team (14%):**
The allocation for the team is used as part of the salary, yearly bonus and long-term incentive and is vested as follows:
100% locked with 6 months cliff and linear unlock over 36 months

**Strategics (8%):**
This allocation is for strategic contributors who helped us build the products and establish the brands we have. These tokens will be vested as follows:
100% locked with 6 months cliff and linear unlock over 24 months

**Private Sale (7%):**
This allocation is reserved for new strategic angels and institutional buyers participating in the private sale. The funds generated from this private sale will primarily be used to expand our web 3.0 community and ecosystem. We plan to achieve this by investing in various marketing activities and events, listing the QBX on exchanges, developing state-of-the-art web 3.0 loyalty solutions, and onboarding world-renowned brands. These holders will have the following vesting period:
-10% unlocked at TGE
-90% locked with 3 months cliff and linear unlock over 12 months

**Community Sale (4%):**
Pre-Sale: 2% is set aside for the pre-sale, which is first available to all QBX Founders Key holders (with an allocation of 31,089 QBX per key). Any unclaimed allocations will then be made available to the rest of the community on a first come first served basis. These QBX are vested as follows:
20% unlocked at TGE
80% linear unlock over 12 months
Community Sale: 2% of the total is allocated for the public sale, which will be open to everyone. More details will be announced at a later stage.
20% unlocked at TGE
80% linear unlock over 12 months

**Brands & Partners (13%):**
We started building early on and conducted our first token sale in 2018. Over the years, we allocated additional treasury tokens for our brands, community, and partners. Brands such as Sausalitos, have been using the QBX as a redemption option for their users. This allows their users to earn SausaCoins and exchange them for QBX. In 2022, we also raised an equity Seed Round (link) to onboard strategic investors and angels. Their involvement has opened new doors for us and exponentially grown our business.
The funds generated were used to build scalable blockchain infrastructure, test various loyalty applications, and identify product-market fit by engaging with companies and loyalty program users. It also allowed us to onboard globally renowned brands. Some of the QBX distributed during this period were part of product testings, surveys, bounties, and other educational activities. The QBX allocated to these holders are vested as follows:
20% unlocked at TGE
80% linear unlock over 12 months

**For more information, please refer to:
https://pitch.com/v/qbx-token-pitch-deck-kp23tm/785ef3e3-210f-44f0-8554-b242991d6395

Website: https://qiibeefoundation.org/
Whitepaper:  https://pitch.com/v/qbx-white-paper-qiibee-foundation-2403-2ghcqz

**qiibee(QBX)Startup Subscription Rules：**
(1) Duration: 02:00 AM October 27th, 2024 - 02:00 AM October 29th, 2024 (UTC)(Orders placed by qualified users within the subscription period will be treated equally.)
(2) Trading Starts Time：TBD
The Trading Pair: QBX/USDT
(3) Subscription Token: GT
(4) Subscription Price: $0 GT
(5) Subscription Total: 8,750 GT
(6) Startup Total Supply: 1,400,000 QBX
(7) Unlock rule: 100% Unlock
(8) Participation Requirement:
1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.
2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.
3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.
Participate in Startup now: https://www.gate.io/startup
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your GT holding is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Other rules remain unchanged, please refer to: https://www.gate.io/article/36145
2.New rules take effect from 00:00AM April 25th, 2024 (UTC+0). The Web version has been updated and please update your App to the latest version (6.2.0).
3.GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain. Hold GT and claim exclusive free airdrops now: https://www.gate.io/trade/GT_USDT
4.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6.Gate.io reserves all rights to the final explanation.
7.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs has not participated in the investment of qiibee (QBX).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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
October 8th, 2024

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GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: qiibee(QBX) and Announcement of Free Distribution Rules(1,400,00 QBX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: qiibee(QBX) and Announcement of Free Distribution Rules(1,400,00 QBX free of charge)

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