Gate.io Startup Free Offering: Thetan Arena (THG) and Announcement of Free Distribution Rules(5,555 THG 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 Thetan Arena (THG) Startup subion is a free subion, and will not deduct the users' participation funds in the end of event.

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

Introduction to Thetan Arena (THG)

Thetan Arena is the first blockchain-based MOBA and Battle Royale game developed on KardiaChain infrastructure by one of the best game studios in Vietnam, Wolffun Game. The game features competitive and exciting online gameplay and play-to-earn mechanics.

Thetan Arena is designed with a top-down view of the overall map; the characters and environment are modern and simplistic yet retro and nostalgic, which will enhance players’ vision and space for action. The core mechanics focus on both player’s personal skills and teamwork to complete a round and earn the best rewards possible. Thetan Arena is the perfect entry for anyone to have a taste of a whole new gaming genre.

(The information below is provided by the Thetan Arena (THG) team. Please follow Thetan Arena (THG) for more information）

Token Information

Token name: Thetan Arena

Token symbol: THG

Max Supply：420,000,000

Token Type: KRC-20/BEP20

Contract:

(KRC-20):0xF0051fd4758147F1749D1696C9266d047B4c43Fa

(BEP-20): 0x9fd87aefe02441b123c3c32466cd9db4c578618f

Token distribution ratio and unlocking rules:

Strategic Sale : 42,000,000 10% 10% TGE, 3 months cliff, vest linear weekly in 10 months

Liquidity: 21,000,000 5%

Staking Issuance: 88,200,000 21% Vest linear in 36 months

Gaming Issuance: 79,800,000 19% Vest linear in 12 months

Advisors: 21,000,000 5% 6 months cliff, vest linear weekly in 18 months

Team: 88,200,000 21% 12 months cliff, vest linear weekly in 24 months

Eco Fund: 42,000,000 10% 10% TGE, vest linear weekly in 12 months

Reserve Fund: 37,800,000 9% 6 months cliff, vest linear weekly in 12 months

Website: https://thetanarena.com/#home

WhitePaper ：https://doc.thetanarena.com/whitepaper

Thetan Arena Startup Sale Rules

(1) Duration: 02:00AM 1st November, 2021 - 10:00AM 1st November 2021 (UTC)(Orders placed by qualified users within these 8 hours will be treated equally.)

(2) Trading starts time: 12:00 PM 1st November, 2021 (UTC)

Trading pairs: THG/USDT

(3) Price: 0 USDT(Market price:$9)

(4)Startup Supply : 5,555 THG

(5) Users purchase using USDT.

(6) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.

(7) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:

the maximum number of sub-scrip-tions (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

(8) 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.

(9) 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 Thetan Arena (THG) 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 THG, 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

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Gate.io Team

October 31th, 2021