Annonces Gate.io Startup initial Offering: SuiPad(SUIP) and Announcement of Distribution Rules

Gate.io Startup initial Offering: SuiPad(SUIP) and Announcement of Distribution Rules

2023-05-05 07:55:36 UTC 21077 Lire

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Gate.io Startup initial Offering SuiPad(SUIP)

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.io/startup

Introduction to SuiPad(SUIP)
SuiPad is Official Launchpad Partner of MystenLabs on Sui network. The flagship product is the SuiPad launchpad, an IDO launchpad that allows community to participate in early-stage token sales for stringently vetted Tier-1 projects. SuiPad’s unique curation process and industry access enable them to offer the best new projects on Sui blockchain.

(The information below is provided by the SuiPad(SUIP) team. Please follow SuiPad(SUIP) for more information）
 
Token Information
Token Name: SuiPad 
Token Symbol: SUIP
Max Supply：100,000,000 SUIP
Token Type: SUI
Contract: https://explorer.sui.io/object/0x1d2570d17e0488c90ab58bc6c38e287f9acc072ecdf2a729eaa86957d515ad40

Token distribution ratio and unlocking rules: 
Team-20.0%：12 months Cliff, 5% each month thereafter
Advisors-3.0%：6 months Cliff, 10% each month thereafter
Pre-Seed-2.0%：3% TGE, then 3 months cliff, 10% each month thereafter, 7% last month
Institutional Investor (Seed Round)-14.2%：8% TGE, then 3 months cliff, 10% each month thereafter, 2% last month
Strategic Sale (Private Round)-22.0%：10% TGE, then 3 months cliff, 10% each month thereafter
IDO-9.8%：50% TGE, then 25% each month thereafter
Initial Liquidity-10.0%：No Vesting
Launchpool-2.0%：20% TGE, then 20% first month, 30% each month thereafter
Marketing & Community-4.0%：50% TGE, 10% each month thereafter
DAO Treasury-13.0%：100% locked by default, usage to be decided by DAO

Website: https://www.suipad.xyz/
WhitePaper ： https://docs.suipad.xyz/

SuiPad(SUIP) Startup Sale Rules
(1) Duration: 13:00 pm 8th May, 2023 - 13:00 pm 10th May, 2023 (UTC)  (Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: TBA
Trading Pairs: SUIP/USDT
(3) Price: 0.05 USDT (Public Sale Price)
(4)Startup Supply :1,000,000 SUIP
(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 1500 shares; the relationship between the VIP level and the maximum contribution allocation,please refer to the link:https://www.gate.io/article/29892
(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.
（11）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 hasn't participated in the SuiPad(SUIP) 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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Reach out to us!
Twitter: https://twitter.com/gate_io
GateVIP Twitter:https://twitter.com/Gateio_Inst
Telegram: https://t.me/gate_zh
API Telegram: https://t.me/gateioapi
Instagram: https://www.instagram.com/gateioglobal
Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
May,5th, 2023

Gate.io Startup initial Offering: SuiPad(SUIP) and Announcement of Distribution Rules

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