Gate.io Startup Initial Free Offering: ITSBLOC(ITSB) and Announcement of Free Distribution Rules (769,231 ITSB 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". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.

Gate.io Startup will launch its next project, ITSBLOC(ITSB), on September 18th, 2022 at 06:00 AM (UTC).

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

Introduction to ITSBLOC(ITSB)：
ITSBLOC is a P2E game platform focused on providing Play-focused Enjoyable Contents and rewards so that global users can focus on what they enjoy beyond the existing P2E. ITSBLOC platform delivers various benefits and values to users by accommodating game IPs of various genres, such as global MMORPG games, social casinos, and shooting (FPS) games.
The first game to be on-chain is the renewed version of well-known MMORPG , which already has over 700,000 global users. This renewed version was already launched on Google Play for balance test on August 4th and ranked No.1 in Google Play about 2 weeks in Korea market. The official version is scheduled to be on-chain to the ITSBLOC platform at the end of October.
ITSBLOC has systems to prevent Hyper Inflation, a chronic problem of most P2E platforms, in addition to the introduction of game IP with excellent gameability. These include the introduction of stablecoins and the introduction of a season system. In addition, various systems are introduced to ensure the sustainability of the platform. ITSBLOC is a PNE (Play eNjoy Earn) platform that creates a structure that naturally earns as much as the user enjoys the game through the perfect balance of the three aspects of gameability, continuity, and expandability.

(The information below is provided by the ITSBLOC team. Please follow the website for more information）

Token Information
Token name: ITSBLOC
Token symbol: ITSB
Max Supply: 1,000,000,000 ITSB
Token Type: Polygon
Token Contract:0x998013798440d44C1dD4c767bdD9580E16E46e28
Token Distribution and Unlocking Rules:
*Seed: 5%
TGE:10%,5% monthly vesting
*Strategy：7%
TGE:10%,5% monthly vesting
*Private: 8%
TGE:10%,5% monthly vesting
*Team: 12.75%
1.5% monthly vesting
*TeamⅡ: 2.25%
4.2% monthly vesting
*Marketing: 5%
0.5% monthly vesting
*Partners: 3%
4.2% monthly vesting
*Ecosystem: 57%
0.5% monthly vesting

Website: https://itsbloc.io/
Whitepaper: https://itsbloc-1.gitbook.io/itsbloc/p4fSA0jPBRvCsKEKImtJ/
Token Information: https://polygonscan.com/token/0x998013798440d44C1dD4c767bdD9580E16E46e28

ITSBLOC Startup Sale Rules
(1) Duration: 06:00 AM on September 18th-06:00 AM on September 19th (UTC), 2022(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, 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.
(3) Price: $0; Startup Supply:769,231 ITSB
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10).
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 06:00 AM on September 18th-06:00 AM on September 19th(UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(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) Each type of currency can only be purchased once with each KYC account.
(10) After 06:00 AM on September 19th (UTC), 2022, 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.
(11) Trading starts time:09:00 AM on September 19th (UTC), 2022

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in ITSBLOC

Attention
(1) Countries not supported: USA, 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 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
September 5th, 2022