Gate.io Startup Free Offering: ProjectX(XIL) and Announcement of Free Distribution Rules(1,333,333 XIL free of charge)-Announcements-Gate.io

Gate.io 09-06 08:57 相关类型 币种上线


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
ProjectX(XIL) Startup subion is a free subion, and will
not deduct the users' participation funds in the end of event.







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







Introduction
to ProjectX(XIL)



ProjectX
is an all-in-one NFT platform that solves the liquidity problem for
NFT owners, allowing investors to get exposure to hundreds of high
profile NFT-pegged pools (index funds), while helping A-level
celebrities with the minting of impact NFTs.



ProjectX
has several main product lines

1.ProjectX
is a launchpad for NFT issuers. Celebrities, KOLs, or other
recognizable people can set up pools of NFTs and raise funds for it
by doing a public sale (IDO style).

2.ProjectX
is a platform that provides an instant liquidity to NFT owners (they
put NFTs in the pool and get ERC-20 tradable tokens that are pegged
to this pool). So all the NFT owners can get instant liquidity
easily. ProjectX
also works to provide the most secure and simplified way to gain

3.exposure to the NFT market with the use of pools and Indexes. The
aim is to create different themed pools of NFTs which include Music,
Digital Art, Sports Cards, and KOL issued NFTs to name a few.







(The
information below is provided by the ProjectX(XIL)team. Please follow
ProjectX(XIL) for more information







Token
Information



Token
name: ProjectX



Token
symbol: XIL



Max
Supply
250,000,000



Token
Type: BEP-20



Contract:
TBA



Token
distribution ratio and unlocking rules:



Seed
(Private)



26.60%
20% at TGE, 80% vested in 8 months



Public



1.70%
30% at TGE, 35% 2nd month, 35% 3rd month



FD
Reserve



10%
Locked for 6 mo, then vested during 24 months



DEX
Launch & Treasury



12%
20% at TGE, 80% vested in 5 months



Team
& Advisors



15%
Locked for 6 mo, vested during 12 months



Community
and Marketing



17%
4% unlocked , rest is vested during 8 months



Eco
Fund



17.70%
Locked for 6 mo, then vested during 24 months







Website: https://www.projectxnft.com



WhitePaper https://drive.google.com/file/d/1TyxI3431uPRfZeIXt4HRFl2DZSWAcRXa/view












ProjectX
Startup Sale Rules



(1)
Duration: 10:00am 8th Sep, 2021 - 10:00am 9th Sep, 2021 (UTC)(Orders
placed by qualified users within these 24 hours will be treated
equally.)



(2)
Trading starts time: 13:30pm 9th Sep, 2021 (UTC)



Trading
pairs: XIL/USDT



(3)
Price: 0 USDT(Public price:$0.03)



(4)Startup
Supply : 1,333,333 XIL



(5)
Users purchase using USDT.



(6)
To participate in Startup Sale, users will need to be VIP1 and
above,can only purchase once with each KYC account.



(7)
Purchase limit: The maximum sub-scrip-tion limit for a single user is
1000 shares; the relationship between the VIP level and the
maximum sub-scrip-tion allocation is:



the
maximum number of sub-scrip-tions (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



(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.







Gate.io
Labs Private Sale Participating Disclosure



Gate.io
Labs has participated in the ProjectX(XIL) 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 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 e valuate 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 XIL, and launch an AMM
"liquidity-mining" rewards. Users who provide market
liquidity by inserting liqudity in will get rewards from liquidity
pool transaction fee and GT token rewards from liquidity reward pool.
High annual rate rewards with secure.







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 bonus and withdraw at any time






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Gate.io Team



Sep 6, 2021





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