Gate.io Startup Free Offering: 99Starz(STZ) and Announcement of Free Distribution Rules( 142,857 STZ free of charge)

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 99Starz(STZ) Startup subion is a free subion, and will not deduct the users' participation funds at the end of the event.

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

Introduction to 99Starz(STZ)

99Starz is a blockchain gaming eco, bringing the play-to-earn game model to millions of gamers through guilds creation and NFT renting - allowing to maximize player rewards and ease cooperation. In addition, 99Starz is opening a Play-to-Earn game academy, teaching players how to start earning by playing games. 99Starz allows anyone to tap into the gig economy of the metaverse and generate an income from blockchain gaming using the $STZ token.

(The information below is provided by the 99Starz(STZ) team. Please follow 99Starz(STZ) for more information）

Token Information

Token name: 99Starz

Token symbol: STZ

Max Supply：99,000,000

Token Type: ERC-20 - bridged to BSC and Polygon

Contract: 0x3f5294df68f871241c4b18fcf78ebd8ac18ab654

Token distribution ratio and unlocking rules:

Public Sale: 5.56% Depending on the initial sale platform, vesting up to 6 months.

Private Sale： 10% 6-months lockup, Daily Vesting over 26 months

Reserve & Operations 15% Monthly vesting over 95 months

NFT Gaming AUM: 27.44% Monthly vesting over 95 months

Team &Advisors: 10% 1-year lockup, Daily Vesting over 3 years

Marketing /PR/Partnerships 17%, monthly vesting over 42 months

Liquidity Pool： 15% Monthly vesting over 6 months

Website:https://99starz.io/

Whitepaper：https://lightpaper.99starz.io/stz-token

99Starz(STZ) Startup Sale Rules

(1) Duration: 10:00 AM 19th Dec 2021 - 10:00 AM 20th Dec 2021 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)

(2) Trading starts time: 12:00PM 20th Dec, 2021 (UTC)

Trading pairs: STZ/USDT

(3) Price: 0 USDT(Secondary Marketing Price: $0.89)

(4)Startup Supply:142,857 STZ

(5) Users purchase using USDT.

(6) Unlock rule: 50%TGE, 50% for the 2 month

(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 subion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subion allocation is:

the maximum number of subions (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 has participated in the 99Starz(STZ) 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 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 uate 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 STZ, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fees 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 bonuses and withdraw at any time

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Gate.io Team

Dec 14th, 2021