Gate.io Startup Free Offering: EdenLoop(ELT) and Announcement of Free Distribution Rules (882,353 ELT free of charge)

About Gate.io Startup 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 and airdrop benefits.

This EdenLoop(ELT) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

Introduction to EdenLoop(ELT)
For various metaverse services, many companies with actual infrastructure participated in EdenLoop NFT Marketplace. To make it easy to use multi-platforms, we created a VisualLoop system combined with the foundation's 3D WebGL technology based on a web-based graphic library.
We have decided to pursue a progressive blockchain spirit that transfers the value judgment of works and creators to the community. The three types of logos mark the beginning of the road to gradual decentralization.
We pursue NFTs that can be used in the metaverse and real economy, including visual elements. We are building a system that can change all file formats into NFT. This is the foundation to make a platform for digitizing everything in the real world, starting with 3D NFT which is an area for experts.
The complete decentralization of NFT transactions that we are pursuing is implemented by the BlockLoop System.
The BlockLoop System plays an important role in connecting the NFT ecosystem of the blockchain. The work of connecting NFTs created in each Blockchain Network works similarly to Google's Web Crawler technology and is classified and analyzed by numerous algorithms in the blockchain. Related information is collected and connected within the EdenLoop Platform. This environment allows you to search for NFTs around the world created in the blockchain and make crypto transactions through various tokens such as ETH, ELT, MATIC, and KLAY.
EdenLoop is also a company with a lot of know-how and databases through 10 years of business with a total of 1,260 companies such as Samsung, LGU+, and SKT based on its technology and patents. The BlockLoop technology will be led by a general developer of Daum Kakao, the second largest portal site in Korea, and will be transformed into a global NFT portal site with former developers who have led the Samsung mobile market.

(The information below is provided by the EdenLoop(ELT) team. Please follow EdenLoop(ELT) for more information）

Token Information
Token Name: EdenLoop
Token Symbol: ELT
Max Supply: 800,000,000
Token Type: ERC-20
Contract: https://etherscan.io/token/0xfC1Cb4920dC1110fD61AfaB75Cf085C1f871b8C6
Token distribution ratio and unlocking rules:
Ecosystem: 38%, 60 months linearly vesting
Liquidity: 2%, 100% unlocked
Staking: 10%, 48 months linearly vesting after Staking Function is online
Seed Round: 3.63%, TGE unlocked 20%, cliff for 3 months, vested at month 4/month 8/month 12/month 16/month 20/month 24
Private 1A: 1.29%, TGE unlocked 20%, cliff for 3 months, vested at month 4/month 8/month 12/month 16/month 20/month 24
Private 1B: 1.26%, TGE unlocked 20%, cliff for 2 months, quarterly 10% vested started from 3rd month
Private 2: 1.32%, TGE unlocked 15%, cliff for 2 months, quarterly vested 10% from 3rd month, 5% vested at month 5, 15% vested at month 15, 15% vested at month 18, 10% vested at month 21, 10% vested at month 24
Foundation: 4.04%, TGE unlocked 15%, cliff for 2 months, quarterly vested 10% from 3rd month, 5% vested at month 5, 15% vested at month 15, 15% vested at month 18, 10% vested at month 21, 10% vested at month 24
FundRaise B: 10.46%, cliff for 7 months, vested 15% at month 8, 10% at month 9, 10% at month 15, 10% at month 18, 5% at month 20, 15% at month 21, 15% at month 28, 10% at month 32, 10% at month 36
Advisor: 10.25%, cliff for 12 months, quarterly vested 10% from 1st month, vested 5% at month 10, 15% at month 13, 15% at month 16, 10% at month 19, 10% at month 22
Team: 9.5%, cliff for 6 months, 30 months linearly vesting
Marketing: 8.25%, cliff for 6 months, 30 months linearly vesting

Website: https://edenloop.net/
Whitepaper: https://edenloop.io/whitepaper/whitepaper_en.pdf

EdenLoop(ELT) Startup Program Rules
(1) Duration: 10:00 AM August 3rd, 2022 - 10:00 AM August 4th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 13:00 PM August 4th, 2022 (UTC)
Trading pairs: ELT/USDT
(3) Price: 0 USDT
(4)Startup Supply: 882,353 ELT
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold of minimum $500 USD worth of Spot Assets in balance, 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.
Each user can only purchase once with a KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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 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 not participated in the EdenLoop(ELT) 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 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
August 2nd, 2022