Duyurular Gate.io Startup Initial Free Offering: FitBurn (CAL) and Announcement of Free Distribution Rules( 2,857,143 CAL free of charge)

Gate.io Startup Initial Free Offering: FitBurn (CAL) and Announcement of Free Distribution Rules( 2,857,143 CAL free of charge)

2023-04-15 12:40:22 UTC 46716 Okundu

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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 FitBurn (CAL) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
 
Startup Link: https://www.gate.io/startup
 
Introduction to  FitBurn (CAL)

World's First AI-Powered Burn-to-Earn Fitness App! Revolutionizing Lifestyle & Health. 
Fitburn is a cutting-edge tech and AI-driven burn-to-earn lifestyle revolution that has astounded people in the sports world, who brings together fitness and blockchain powered by AI, taking people to AI future.
FitBurn emerges as the world’s first burn-to-earn application at the confluence of fitness and blockchain. In all pursuits, Fit Burn is based on one of most people’s most fundamental everyday activities: moving and exercising. By carrying a gamified T-Shirt NFT, users of the Fit Burn platform can earn money through our Calorie token (CAL). Fit Burn's vision is to create its own 'Eco-Payment System' for the fitness & well-being industry.

This ecosystem allows users to utilize our CAL token to benefit, purchase, and pay the fees for all services and products that fall under the umbrella of 'fitness & wellbeing,' whether it's activewear, supplements, F&B, etc.

We aim to expand rapidly using our brand and marketing momentum, build ties strong enough to be the go-to destination for all brands in the fitness & well-being industry on a global level, become our strategic partners, and join the revolutionary Crypto-Fitness movement we've created.

(The information below is provided by the  FitBurn (CAL)  team. Please follow  FitBurn (CAL)  for more information）

Token Information
Token Name: Calorie
Token Symbol: CAL
Max Supply：2,000,000,000
Token Type: BEP-20 
Contract: https://bscscan.com/token/0x859C940F080B197659b3EfFc804fD622Df66f0a1
Token distribution ratio and unlocking rules: 
Pre-seed sales 10.1%: 2.5% unlock at TGE, 3 months cliff and vesting monthly within 24 months 
Seed sale 6.2%: 5% unlock at TGE, 2 months cliff and vesting monthly within 20 months
Private sales 4.1%:7.5% unlock at TGE, 1 month cliff and vesting monthly within 16 months 
Public sales 0.7%: 50% unlock at TGE, vesting monthly within 3 months 
Team 15%: 12 months cliff and vesting monthly within 24 months
Advisor 5%: 12 months cliff and vesting monthly within 24 months
Marketing 13.6%:10% unlock at TGE, vesting monthly with 5 months
Partnership 2.6%: 6 months cliff and vesting monthly within 24 months
Treasury 17.5%:12 months cliff 
Reward pool 20%: no-linear vesting 
Initial liquidity 5%: vesting monthly with 2 months

Website: http://fitburn.ai/
WhitePaper ：https://assets.website-files.com/6405ad4ecbace79283874bc4/641ab0fbfb889a69efdb31cb_FITBURN_whitepaper_March%202023.pdf

FitBurn (CAL)  Startup Sale Rules
(1) Duration: 05:00 AM May 14th, 2023 - 05:00 AM May 15th, 2023  (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 08:00 AM May 15th, 2023  (UTC)
Trading Pairs: Fitburn (CAL)
(3) Price: 0 USDT
(4)Startup Supply : 2,857,143 CAL
(5) Unlock rule: 100% unlock.
(6) 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 share 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
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892 
(8) 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.
(9) 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.
(10) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs hasn't participated in the FitBurn (CAL) investment.

Attention
(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, 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 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
April 15th, 2023

Gate.io Startup Initial Free Offering: FitBurn (CAL) and Announcement of Free Distribution Rules( 2,857,143 CAL free of charge)

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