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    Announcements Gate.io Startup Free Offering: Hydraverse (HDV) and Announcement of Free Distribution Rules( 2,222,222 HDV free of charge)

    Gate.io Startup Free Offering: Hydraverse (HDV) and Announcement of Free Distribution Rules( 2,222,222 HDV free of charge)

    2022-03-07 13:21:23 UTC 59332 Read
    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 Hydraverse (HDV) 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 Hydraverse (HDV)
    Hydraverse is a metaverse play-to-earn PVP dragon racing game that focuses on the gameplay and users' experiences. Players are allowed to take care of their NFTs dragon and bring them to different races to earn. Through our AR feature, the NFT Dragons - mythical creatures, once again appear right in front of you.

    (The information below is provided by the Hydraverse (HDV) team. Please follow

    Hydraverse (HDV) for more information)
    Token Information
    Token name: Hydraverse
    Token symbol: HDV
    Max Supply: 500,000,000
    Token Type: BEP20
    Contract: https://bscscan.com/address/0x8cd0d76c0ad377378ab6ce878a7be686223497ee
    Token distribution ratio and unlocking rules:
    Seed Round: 1.24%, 8% at TGE then cliff 2 months, vesting monthly from 3rd month to 20th
    Private Round: 8.57%, 12% at TGE then cliff 2 months, vesting monthly from 3rd month to 19th
    Public Round: 1.69%, 20% at TGE then 20% for each month over the next 4 months
    Community: 8%, unlock monthly over 20 months
    Marketing: 5%, 9% at the first 2 months, then unlock monthly over 58 months
    Liquidity&Listing: 12%, 3% at TGE then unlock monthly over 24 months
    Play to Earn: 28.5%, unlock 36%, 24%, 18%, 12%, 10% for 5 successive years
    Development: 15%, unlock every month for 5 years
    Team & Advisor: 20%, cliff 6 months then vesting daily of 5% every month
    Website: https://hydraverse.io/
    Whitepaper: https://whitepaper.hydraverse.io/

    Hydraverse (HDV) Startup Sale Rules
    (1) Duration: 07:00 AM March 9th, 2022 - 07:00 AM March 10th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
    (2) Trading starts time: 10:00 AM March 10th, 2022 (UTC)
    Trading pairs: HDV/USDT
    (3) Price: 0 USDT(Public Sale Price: $0.045)
    (4)Startup Supply: 2,222,222 HDV
    (5) Users purchase using USDT.
    (6) Unlock rule: 100% unlock.
    (7) To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each 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 Hydraverse (HDV) 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.

    Gate will open an Automated Market Maker (AMM ) for HDV, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fees and GT token rewards from liquidity reward pool. High annual rate rewards with security.

    AMM Trading Market and AMM Liquidity Mining
    Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

    The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:
    1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
    2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
    3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
    4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
    5) Liquidity providers can take bonuses and withdraw at any time

    Gate.io is a Cryptocurrency Trading Platform Since 2013
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    Gate.io Team
    March 7th, 2022
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