Gate.io Startup Free Offering: DigitalBits(XDB) and Announcement of Free Distribution Rules (2,500,000 XDB free of charge)

About Gate.io Startup 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 and airdrop benefits.
This DigitalBits (XDB) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

Introduction to DigitalBits(XDB)
DigitalBits is a layer-one blockchain protocol that prioritizes security, speed, and cost-savings. Any asset can be tokenized on the DigitalBits blockchain, including NFTs created by artists, sports organizations, and other global brands. By making micropayments efficient and cost-effective, DigitalBits provides the foundation for real-world mass adoption of blockchain technology and cryptocurrency.

(The information below is provided by the DigitalBits (XDB) team. Please follow DigitalBits (XDB) for more information）

Token Information
Token Name: DigitalBits
Token Symbol: XDB
Max Supply: 1,500,000,000
Token Type: ERC-20 type with the initial listing
The Mainnet (fork of Stellar) type of token will be soon in the near future
Contract: https://etherscan.io/address/0xb9eefc4b0d472a44be93970254df4f4016569d27
Token distribution ratio and unlocking rules:
In circulation: 63.87%
Future Strategic Partners: 19.33%, this depends on the signing of new partnerships, vesting in 24 months in 5 years
Future team members and ecosystem participants: 16.67%, this depends on the signing of new partnerships, vesting in 24 months in 5 years

Website: https://digitalbits.io/
Whitepaper: https://www.digitalbits.io/wp-content/uploads/2019/08/digitalbits_whitepaper_2_3.pdf

DigitalBits (XDB) Startup Program Rules
(1) Duration: 23:00 PM July 6th, 2022 - 23:00 PM July 7th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 02:00 AM July 8th, 2022 (UTC)
Trading pairs: XDB/USDT
(3) Price: 0 USDT
(4)Startup Supply: 2,500,000 XDB
(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.
(11) Gate.io confirms to support the Mainnet XDB token swap and trading of DigitalBits(XDB) before the end of August 2022, further details are to be announced in due course.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the DigitalBits (XDB) private sales rounds.

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 Startup Program complies with local laws and regulations.
(2) Risk Warning:
Please invest with caution, and don't invest beyond your financial capacity.
- The Startup Program 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 for the Startup Program before placing orders.

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Gate.io Team
July 6th, 2022