Gate.io Startup Initial Free Offering: ChainPort (PORTX) and Announcement of Free Distribution Rules( 833,333 PORTX 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." Gate provides free airdrops for excellent blockchain projects and these are launched in the Gate.io Startup area from time to time. VIP and GT users can get a variety of tokens and airdrop benefits.

This ChainPort (PORTX) 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 ChainPort (PORTX)
ChainPort is a next-gen cross-chain bridge that provides custodian-level security with full interoperability. ChainPort introduces an unprecedented level of security architecture, porting tokens safely across blockchains with just a click.
Security is always paramount for ChainPort, and 95% of the funds are stored in cold storage wallets provided by leading industry security experts: FireBlocks MPC and Gnosis-safe multi-sig.
ChainPort is a permissionless bridge already porting more than 189 tokens between 9 blockchains, with additional projects joining daily. Porting is done in just minutes through a friendly and straightforward UI without the need for any technical integration.
Since its launch in 2021, Chainport has managed 39,000 ports and $600,000,000 in volume. Learn more by visiting ChainPort.io or reading our documentation.

(The information below is provided by the ChainPort (PORTX) team. Please follow ChainPort (PORTX) for more information）

Token Information
Token Name: ChainPort
Token Symbol: PORTX
Max Supply：1,000,000,000
Token Type: ERC20 native but with versions on BSC, Fantom, Polygon, Avalanche
Contract: TBA

Token distribution ratio and unlocking rules:
Seed Round: 2.5%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
Angel Round: 3.5%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
VC/Private Round/KOLs: 10.5%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
Public Sale: 3.5%, TGE unlocks 50%, 1 month cliff, 10 month vesting
CEX Reserve: 2%, TGE unlocks 10%, 10% monthly vesting
Staking, Liquidity, MM, and Incentives: 10%, TGE unlocks 5%, 32 months linear vesting
Participation and growth Incentives: 32%, 3 months cliff, 47 months linear vesting
Team: 20%, 12 months cliff, 36 months linear vesting
Partners, Advisors, & Consultants: 4%, 6 months cliff, 10% unlocked at 7th month, 5 months cliff and 20% vested, 20% vested every 2 months, 10% vested in the last month
Marketing, Acquisitions, & Licenses (Long Term Dev): 12%, 5 months cliff, 44 months linear vesting

Website: https://chainport.io
Whitepaper: https://docs.chainport.io/

ChainPort (PORTX) Startup Sale Rules
(1) Duration: 10:00 AM September 19th, 2022 - 10:00 AM September 20th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 13:00 PM September 20th, 2022 (UTC)
Trading Pairs: PORTX/USDT
(3) Price: 0 USDT
(4)Startup Supply: 833,333 PORTX
(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 ChainPort (PORTX) 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
September 14th, 2022