Gate.io Startup Free Offering: DRAC Network(TEDDY) and Announcement of Free Distribution Rules( 714,464,330 TEDDY 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 DRAC Network(TEDDY) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of event.

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

Introduction to DRAC Network(TEDDY)
DRAC Network is a public chain independently developed based on Ethereum.We evolved from Teddy Doge launched in the UAE from 2020. People-oriented, decentralization, autonomy, equal rights, and unique blockchain identity are our tenets. Before quantum computing and more efficient transmission are popularized, how to solve decentralization and equality? DRAC will use the living biobank to authenticate the uniqueness of the blockchain identity, and solve the decentralization of peace rights with the concept of people-oriented and the autonomous way of faction voting. Self-built ecology includes DEX, cross-chain bridge, NFT minting and auction, wallet, chart, lock-up.

(The information below is provided by the DRAC Network(TEDDY) team. Please follow DRAC Network(TEDDY) for more information）

Token Information
Token name: DRAC Network
Token symbol: TEDDY
Max Supply: 15,000,000,000
Token Type: BSC ETH Polygon AVAX FTM
Contract: 0x10f6f2b97F3aB29583D9D38BaBF2994dF7220C21
Token distribution ratio and unlocking rules:
Liquidity - 9,000,000,000 (60%)
Team - 2,800,500,000 (18.67%)
Private Sale - 1,995,000,000 (13.3%)
Community 1st IDO - 499,500,000 (3.33%)
Community 2nd IDO - 199,500,000 (1.33%)
Farm staking bonus - 499,500,000 (3.33%)

Website: https://teddydoge.finance/
WhitePaper : https://teddydoge.finance/teddyswap.pdf

DRAC Network Startup Sale Rules
(1) Duration: 03:00am 27th Jun, 2022 - 03:00 am 28th Jun, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 06:00am 28th Jun, 2022 (UTC)
Trading pairs: TEDDY/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $0.0002799)
(4)Startup Supply : 714,464,330 TEDDY
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold of minimum $500 USD worth of Spot Assets in balance, and will be offered the contribution share at 1/4 of VIP 1 users’ share;
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 has not participated in the DRAC Network(TEDDY) 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 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
Jun 26th, 2022