Gate.io Initial Startup Free Offering: ONLY1(LIKE) and Announcement of Free Distribution Rules (833,333 LIKE free of charge)
Gate.io Startup will launch its next project, Only1, on August 3rd, 2021 at 4:00 AM(UTC).
Introduction to Only1
Only1 is the first NFT-powered social media built on Solana - the most scalable blockchain to date. Social media users want to feel more connected with the creators on the platform and creators want to monetize their content more directly. And in conventional social media, creators have to go through middle-man to sell merchandise, paid advertisements, shout-outs, or any form of partnerships. Our innovation through NFT aim to cut out the need for these middle-man, and we do this through two novel NFT applications - Genesis-NFT & Content-NFT farming, owning either of these NFTs grant user passive income.
(The information below is provided by the Only1 team. Please follow website for more information）
Token name: Only1
Token symbol: LIKE
Max Supply: 500,000,000 LIKE
Token Type: SPL
Token Contract: 3bRTivrVsitbmCTGtqwp7hxXPsybkjn4XLNtPsHqa3zR
Private Sale: 6.29%
Public Sale: 0.33%
Liquidity Fund: 15%
Only1 Startup Sale Rules
(1) Duration: 4:00 AM - 10:00 AM(UTC), August 3rd, 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: $0/LIKE ; IDO price: $ 0.06 ; Startup Supply : 833,333 LIKE
(4) Purchase limit: The maximum subion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subion allocation is:
the maximum number of subions (not the final actual subion 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
(5) Users place orders using USDT.
(6) Users can place orders from 4:00 AM - 10:00 AM(UTC), August 3rd, 2021. Orders placed by qualified users within these 6 hours will be treated equally.
(7) 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.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 10:00 AM(UTC), 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 onc hour later at 11:00 AM(UTC), August 3rd, 2021.
(10) Trading starts time: 2:00 AM(UTC), 4th August, 2021
Gate.io Labs Private Sale Participating Disclosure
Round: Private Sales
(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 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 uate 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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Aug 1st, 2021
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