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 Findora (FRA) on April 4nd, 2021 at 04:00 AM (UTC).
Introduction to Findora
Findora (FRA) is a privacy protection public blockchain based on
zero-knowledge proof. It aims to become the next-generation financial
infrastructure. It is co-sponsored by world-class cryptographers,
experienced distributed s engineering teams and entrepreneurs. Findora
is at the forefront of blockchain technology-focusing on bringing
breakthroughs to Web 3.0, rather than gradual improvements. Findora uses
a variety of the latest trustless and efficient zero-knowledge proof
technologies to introduce effective confidential/anonymous asset
operations/transactions into the open blockchain; Findora uses similar
technologies to create confidential identity and qualification
credentials for the blockchain world; And use the best zkSNARKS in its
class to create an optimized ZK-Rollup service to help expand the entire
blockchain field. In addition, Findora innovatively uses various proven
data structures to create efficient new blockchains. Findora provides
infrastructure to incentivize decentralized financial innovation and
large-scale migration of traditional financial industry to blockchain.
(The information below is provided by the Findora team. Please follow Findora for more information) Token Information
Token name: Findora
Token symbol: FRA
Max Supply: 21,000,000,000 FRA
Token distribution ratio and unlocking rules
15.5% is used for private placement and community, 25% will be paid one
month after TGE, and the amount will be divided into three equal
amounts every 6 months after TGE (25% every 6 months); 4.1% will be used
for public offering round sales, of which public offering round A,
after TGE ( Month 0) 16% unlocked, 21% unlocked in the 6th month, 21%
unlocked in the 12th month, 21% unlocked in the 18th month, 21% unlocked
in the 24th month; Public offering B round: after TGE (0 Months) 25%
unlocked, 25% unlocked in the 6th month, 25% unlocked in the 12th month,
25% unlocked in the 18th month, other rounds are not locked; 13%
belongs to institutional partners, locked for 36 months, 36 months after
TGE unlock 10% for 42 months, 15% after TGE for 48 months, 15% after
TGE for 54 months, 60 months after TGE, 25% for 66 months; 10.7% for
research funding, lock the first 12 Month, 12th, 18th, 24th month pay 5%
every 6 months (total 15%), 30th, 36th, 42nd, 48th month every 6 months
10% & 54 (total 50%), 60th 15% monthly increase, 20% increase in
the 66th month; 10.7% is used for development grants, locked in the
first 12 months, paid 5% in the 12th, 18th, and 24th months (total 15%),
and every 6 months thereafter Pay 10% in the 30th, 36th, 42nd, 48th,
and 54th months (50% in total), increase by 15% in the 60th month, and
increase by 20% in the 66th month; 8% will be used in the DeFi
incubator, locked in the first 12 months , Pay 5% (total 15%) in the
12th, 18th, and 24th months, and 10% (total 50%) in the 30th, 36th,
42nd, 48th, and 54th months every 6 months thereafter, and the 60th
month 15% increase, 20% increase in the 66th month; 2% for consultants,
5% for the 12th, 18th and 24th months after TGE, 10% for 30 months after
TGE, and 36 after TGE Month is 15%, 42, 48 and 54 months after TGE is
20%; 18% belongs to contributors (founding team and other contributors),
the 12th, 18th and 24th months after TGE are 5%, 10% for 30 months
after TGE, 15% for 36 months after TGE, and 20% for 42, 48 and 54 months
after TGE; 18% belongs to the Foundation’s reserves, and these tokens
are retained by the Findora Foundation. To support the Findora network
and eco. 25% in the first month after TGE, and 25% every 6 months
thereafter.
FRA Startup Sale Rules
(1) Duration: April 4, 2021 04:00 AM UTC-April 5, 2021 02:00 AM UTC
(Orders placed by qualified users within these 22 hours will be treated
equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0.077 USDT. Startup Supply :650,000 FRA
(4) Purchase limit: The maximum individual purchase limit for a single
user is 1000 shares; the relationship with the VIP level and the maximum
purchase limit for placing an order is:
The maximum number of
subions that can be purchase (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
(5) Users place orders using USDT.
(6) Users can place orders from April 4, 2021 04:00 AM UTC-April 5,
2021 02:00 AM UTC. Orders placed by qualified users within these 22
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 08:00 AM UTC, 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 two hours later at 10:00 PM UTC, April 4nd, 2021.
(10) Trading starts time: April 5nd 12:00 PM UTC
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.
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