Gate.io Startup Initial Offering: NIFTIFY(NIFT)
Gate.io has launched Startup, a platform that aims to provide users
with access to innovative and advanced projects. Traders now have more
opportunities to make an initial investment.
Startup
Link: https://www.gate.tv/startup
Introduction to
NIFTIFY(NIFT)
Niftify™ is on a mission to become a market leader by focusing on a
simple user experience and strong community of NFT enthusiasts: creators,
traders, gamers, collectors, and enterprises looking to power their own
marketplace. Built on the Ethereum and Polygon blockchains at the core of our
operations, Niftify™ ensures transparency, immutability, low transaction costs,
and maximum security.
Niftify™ features an all-inclusive
platform, powering all current NFT transactions and developing the next
generation NFTs: NFT+. Evolving NFTs from a crypto-forward collector audience
to real-life utility evolution of NFTs. A world where anyone, anywhere, can
sell, buy and trade physical and digital assets as NFTs. An ecosystem that pays
utmost attention to authenticity with relevant frameworks for proof of
ownership and smart tracking.
(The information below is
provided by the NIFTIFY(NIFT) team. Please follow NIFTIFY(NIFT) for more information）
Token name: NIFTIFY
Token
symbol: NIFT
Max Supply：200,000,000
Token Type: ERC20
Contract: 0x4a1d542b52a95ad01ddc70c2e7df0c7bbaadc56f
Token
distribution ratio and unlocking rules:
Early Backers
Subtotal： 21,95%
IEO：0.38%
Team： 18.00%
24 months locked; Then, unlocked 5% per month
for 20 months
Advisors：4.00%
5% unlocked upon listing; Then, after 1 month, 5% per month for 19
months
Foundation (Treasury)：23.00%
12 months locked. Then unlocked 5% per month for 20 months
Community Rewards：22.67%
1 month cliff, then 5% unlocked per month for 20 months
Liquidity Provision ：5.00%
20% unlocked at listing, then 5% per month for 16 months
Ecosystem ：5.00% 6 months locked. Then unlocked 100%
Website: https://www.niftify.io/
WhitePaper ：https://www.niftify.io/whitepaper
(1)
Duration: 12:00pm 17th Nov, 2021 - 09:00am 18th
Nov, 2021 (UTC)(Orders placed by qualified
users within these 21 hours will be
treated equally.)
(2) Trading
starts time: 12:00pm 18th Nov, 2021 (UTC)
Trading
pairs: USDT/NIFT
(3) Price: $0.35 USDT
(4)Startup
Supply : 571,429 NIFT
(5) Users purchase using USDT.
(6) Unlock
rule: 100% unlock.
(7) To
participate in Startup Sale, users will need to be VIP1 and above,can only
purchase once with each KYC account.
(8) Purchase limit: The maximum
subscription limit for a single user is 1000 shares; the relationship
between the VIP level and the maximum subscription allocation is:
the maximum number
of subscriptions (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
(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 participated in the NIFTIFY(NIFT) investment.
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 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 e valuate 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 NIFT, and launch an
AMM "liquidity-mining" rewards. Users who provide market liquidity by
inserting liqudity in will get rewards from liquidity pool transaction fee and
GT token rewards from liquidity reward pool. High annual rate rewards with
secure.
AMM Trading Market and AMM Liquidity
Mining
Gate.io has launched a new version
of the liquidity pool (centralized automatic 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.
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Gate.io Team
May 25th, 2021
Token Information
NIFTIFY Startup Sale Rules
