Gate.io Startup Free Offering: Shping (SHPING) and Announcement of Free Distribution Rules (10,000,000 SHPING 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 and airdrop benefits.
This Shping (SHPING) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

Introduction to Shping (SHPING)
Shping is a shopping companion app that removes the intermediates and redirects the marketing spend of a brand directly to the end consumer while taking their shopping experience to a whole new level.
The platform is powered by the Shping Coin - a universal token of reward that enables brands, retailers, and associated organizations to reward consumers directly while facilitating a safer and smarter shopping environment for everyone.
Starting in Australia with a global roll-out in the near future, Shping has already become Australia's number 1 shopping companion app with over 300k users who have earned over 110m USD worth of token rewards. Major brands like Pepsi, Doritos, Asahi, Mountain Dew, Twinings, Schweppes, Heinz, Gatorade as well as others have embraced Shping Coin to meet their consumer engagement objectives.
About the Shping Coin Economy, in a world where shoppers wield increasing power from their buying choices, it’s now critical for brands to establish direct, meaningful relationships with them. We change traditional one-way transactional business-consumer relationships into one that literally rewards quality engagement on both sides, across all retail categories.
1. As part of the shopping journey, App users engage with brand content creating a direct communication channel.
2. Brands purchase coins in order to reward consumers for their engagement.
3. App users can then trade their coins on the exchange.

(The information below is provided by the Shping (SHPING) team. Please follow Shping (SHPING) for more information）

Token Information
Token Name: Shping
Token Symbol: SHPING
Max Supply：10,000,000,000
Token Type: ERC-20
Contract: https://etherscan.io/token/0x7c84e62859d0715eb77d1b1c4154ecd6abb21bec
Token distribution ratio and unlocking rules:
Purchasers: 50%
Bounties: 1%
Advisors: 5%, the Advisors will receive their tokens in six (6) equal installments over a period of three (3) years
Shping Team: 2%, the Shping Team will receive their tokens in six (6) equal installments over a period of three (3) years
Shping App Incentive Reserve: 42%, vesting started from 2018, tokens vested already

Website: https://shping.com/
Whitepaper: https://shping.com/wp-content/uploads/2021/05/shping_coin_whitepaper.pdf

Shping (SHPING) Startup Sale Rules
(1) Duration: 01:00 AM August 26th, 2022 - 01:00 AM August 27th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 04:00 AM August 27th, 2022 (UTC)
Trading Pairs: SHPING/USDT
(3) Price: 0 USDT
(4)Startup Supply : 10,000,000 SHPING
(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 shares 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 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 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 hasn't participated in the Shping (SHPING) investment.

Attention
(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and 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 24th, 2022