Announcements GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: Phaver(SOCIAL) and Only GT Subscription Rules Announcement( 10,000,000 SOCIAL free of charge)

GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: Phaver(SOCIAL) and Only GT Subscription Rules Announcement( 10,000,000 SOCIAL free of charge)

2024-09-23 12:33:49 UTC 13399 Read

SOCIAL/USDT -5.57%

[//]:content-type-MARKDOWN-DONOT-DELETE
This Phaver(SOCIAL) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this Phaver(SOCIAL) Subscription.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1865" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

**Introduction to Phaver(SOCIAL):**
Phaver is a leading decentralized social app. It allows users to secure their profiles on Lens protocol and Farcaster and cross-post across those networks. With its native token $SOCIAL, Phaver is entering from initial "DeSoc" era to "SocialFi" era, with the token's utilities tied to app's point economy and in-app wallet enabling on-chain transactions incl. tipping, gated content, gamified boosts and item collection. Users are also able to connect multiple external wallets for social and ecosystem benefits, incl. proprietary Cred score.
(The information below is provided by the Phaver(SOCIAL) team. Please follow Phaver(SOCIAL) for more information）

**Token Information**
Token Name: Phaver
Token Symbol: SOCIAL
Max Supply: 10,000,000,000
Token Type: Base
Smart Contract Address: https://basescan.org/address/0xD3C68968137317a57a9bAbeacC7707Ec433548B4
Token distribution ratio and unlocking rules:
Launchpools / CEX marketing: 1.30% (130,000,000), cliff 0, vesting 0
Private Rounds: 22.55% (2,254,690,673), cliff 12 months, vesting 36 months
KOL Round: 1.20% (119,841,900), cliff 3 months, vesting 9 months
Private Community Sale: 1.23% (123,059,143), cliff 6 months, vesting 12 months
Season 1 Airdrop: 4.00% (400,000,000), cliff 0, vesting 0
User Rewards: 25% (2,500,000,000), cliff 1 month, released over 80 months
Ecosystem & Treasury: 19.11% (1,911,805,497), released over 57 months
Team: 18.0% (1,800,000,000), cliff 12 months, vesting 48 months
Advisors: 1.55% (154,571,429), cliff 12 months, vesting 36 months
Partnerships: 1.61% (160,714,285), cliff 12 months, vesting 36 months
Media: 2.47% (247,317,073), cliff 12 months, vesting 36 months
Liquidity: 2.00% (200,000,000), cliff 0, vesting 0

Website: https://phaver.com/
Whitepaper: https://phaver.gitbook.io/whitepaper-phaver/whitepaper-phaver/

**Phaver(SOCIAL) Startup Subscription Rules：**
(1) Duration: 13:00 PM September 23rd, 2024- 07:00 AM September 24th, 2024 (UTC) (Orders placed by qualified users within these 18 hours will be treated equally)
(2) Trading Starts Time: 10:00 AM September 24th, 2024 (UTC)
The Trading Pair: SOCIAL/USDT
(3) Subscription Token: GT
(4) Subscription Price: $0 GT
(5) Subscription Total: 12,500 GT
(6) Startup Total Supply: 10,000,000 SOCIAL
(7) Unlock rule: 100% Unlock
(8) Participation Requirement:
1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.
2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.
3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.
Participate in Startup now: https://www.gate.io/startup
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your GT holding is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Other rules remain unchanged, please refer to: https://www.gate.io/article/36145
2.New rules take effect from 00:00AM April 25th, 2024 (UTC+0). The Web version has been updated and please update your App to the latest version (6.2.0).
3.GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain. Hold GT and claim exclusive free airdrops now: https://www.gate.io/trade/GT_USDT
4.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6.Gate.io reserves all rights to the final explanation.
7.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in Phaver(SOCIAL).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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
September 23rd, 2024

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GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: Phaver(SOCIAL) and Only GT Subscription Rules Announcement( 10,000,000 SOCIAL free of charge)

GT Holder-Exclusive Airdrop: Gate.io Initial Startup Free Offering: Phaver(SOCIAL) and Only GT Subscription Rules Announcement( 10,000,000 SOCIAL free of charge)

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