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.
Gate.io Startup will launch its next project with Idavoll Network on March 3rd, 2021 at 4:00 AM UTC.
1. Introduction to Idavoll Network
Idavoll Network is based on Substrate development framework running as a parachain on Polkadot. Idavoll Network has a set of pallets to achieve the management of DAOs: organization module; voting module; token module and finance module. By interconnecting the four main modules together, everyone can define a DAO which constrains how actions can be performed within the organization.
Token use case:
For transaction fee, each transaction requires a certain amount of bandwidth to be included in the block and a certain amount of computing power to ute. For Idavoll court, a certain amount of IDV must be mortgaged to the Idavoll court before a disputed proposal is adjudicated. Also there are eco incentive and node verification.
(1) Duration: 4:00 AM - 10:00 AM UTC, March 3rd, 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: $0.009 , Startup Supply :22,222,222 IDV, released 30% first moth, 30% second month, 40% third month.
(4) Purchase limit: The maximum individual purchase limit will be 555,556 IDV( about $5000).
(5) Users place orders using USDG
(6) Users can place orders from 4:00AM - 10:00 AM UTC, March 3rd . Orders placed by qualified users within these 6 hours will be treated equally.
(7) 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.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 10:00 AM UTC, we will collect all the qualified orders and calculate the tokens distribution according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced two hours later at 12:00 PM UTC, March 3rd, 2021.
(10) Trading starts : March 3rd 12:00 PM UTC
(11) Deposits opens: March 3rd, 12:00 PM UTC
Gate.io Labs Private Sale Participating Disclosure
(1) Capital : 30,000 USDT
(2) Price: 0.004 USDT
(3) Token release schedule: 20% unlocked before listing, the remaining unlocked over 4 months.
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.io is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.
This page is not intended for residents and citizens of Spain, Cuba, Bolivia, Venezuela and other Spanish-speaking jurisdictions listed in the Restricted Locations related terms of Gate.io's User Agreement.Español
This page is not intended for residents and citizens of France, Canada and other French-speaking jurisdictions listed in the Restricted Locations related terms of Gate.io's User Agreement.Français (Afrique)