Gate.io Startup Initial Offering-DAO SHO Project-Chatex (CHTX)-Announcements-Gate.io

Gate.io 09-07 02:54 相关类型 其它
Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.



Gate.io Startup will launch another DAO SHO project-Chatex (CHTX) sale on September 9, 2021 at 10:00 AM UTC.



Startup Link: https://www.gate.io/en/startup/178



Project Introduction

Chatex is a simple, secure and accessible cryptobank. Chatex is one of the largest chat app-based p2p exchanges for Telegram. It's an all-in-one solution to store, send, pay with, and exchange crypto. At the moment Chatex is expanding to aggregate CeFi and DeFi to the masses. By releasing the $CHTX Token, the team plans to introduce Chatex Savings and Chatex Borrow turning the project into a full-scale Cryptobank. Their tokenomics and CeFi technologies will make profiting from DeFi as easy as a pizza order. $CHTX is a crucial part of the Chatex Eco that makes each touchpoint with the Chatex Crypto Bank more profitable. Long story short, the $CHTX token will help to make CeFI and DeFi the most simple, secure and accessible it ever has been.



Token Information

Ticker: CHTX

Blockchain: Ethereum

Token Supply: 500,000,000

Initial Token Circulation: 37,400,000 (7.48%)



Token Distribution

Seed Round: 1.8%

Private Round: 15.64%

Public Round: 3.56%

Liquidity: 15%

Marketing: 15%

Eco Incentives: 27%

Team: 15%

Partners & Advisors: 8%



Token Price

Seed Round

Price: $0.020

Lock-up: 15% unlocked at the TGE, 15% on a quarterly basis and 10% the last quarter



Private Round

Price: $0.025

Lock-up: 15% unlocked at the TGE, 15% on a quarterly basis and 10% the last quarter



Public Round

Price: $0.025

Lock-up: 15% unlocked at the TGE, 15% on a quarterly basis and 10% the last quarter



Token Economy

CHTX will serve as a pivotal part of the Chatex Cryptobank eco.

The token will boost the competitiveness of Chatex as a Cryptobank far and beyond. The hodlers will be rewarded with $CHTX tokens for lending, staking and depositing $CHTX within the Chatex .Moreover, the basic Chatex Wallet and Chatex Exchange features will also be greatly influenced by hodling the $CHTX token, as it will lower the trading, exchanging, and withdrawing fees. Last but not least, it goes without saying that users, influencers, and media outlets will be able to earn even more $CHTX on top of the interest for their deposits by utilizing the referral .



Website: https://chatex.com





Important Notice about Gate.io Startup Sale for Chatex (CHTX)

1.Startup supply: 1,600,000 CHTX ; Price: $0.025

Vesting: 15% unlocked at the TGE, then 15% quarterly

2.Payment currency: USDG, Lockup currency: DAO

3.Eligible participants: agree to lock up DAO for a period of 10 days. Individual cap is 20K DAO.

4.Token distribution: participants get a proportional amount of CHTX tokens to their share of DAO tokens locked up on Gate.io.

5.The CHTX tokens will not be released until the Token Generation Event. Users won’t get any token immediately after the Gate.io startup sale.

6.The startup sale is designed for CHTX ‘s DAO Maker SHO portion.

7.The cryptocurrency market is highly volatile. The project team does not guarantee that the token price will not be lower than SHO price. Please invest with caution, and don't invest beyond your financial capacity.





Rules of Chatex (CHTX) ’s DAO SHO Portion Sale on Gate.io’s Startup:

(1) Order Duration: September 9th 10:00:00 AM-September 10th 2:00 AM UTC

(2) To participate in Startup Sale, users should agree to lock up DAO for a period of 10 days.

(3) The price is $0.025

(4) Users can place orders by agreeing to locking up DAO for 10 days

(5) Users can place orders from September 9th 10:00:00 AM – September 10th 2:00 AM UTC. Orders placed by qualified users within these hours will be treated equally.

(6) Users need to ensure that there is sufficient balance of DAO (the full amount you agree to lockup for 10 days) and USDG (amount to pay for new tokens actually received) in accounts after placing the orders. An insufficient DAO or USDG balance will result in the cancellation of the purchase order.

(7) Each individual can only purchase once with an account passing KYC.

(8) After September 10th, 2:00 AM UTC, we will collect all the qualified orders and calculate the result and announce the result in 2 hours. USDG to pay for Participant’s CHTX token purchase will be deducted from the participant’s account and the amount of DAO the participant agrees to lockup when placing orders will be locked for 10 days. Participants will receive a proportional amount of CHTX tokens to their share of DAO tokens locked up on Gate.io according to the token release schedule.



Example (with hypothetical data/conditions):

If the total DAO locked by all startup sale participants is 20,000 DAO. The total supply of new tokens offered on Gate.io startup sale is 1,000,000 new tokens. Token price is 0. 1 USDG per token. Participants are required to lock DAO for a period of 15 days.



If User A agreed to lock 500 DAO (by placing order) for a period of 15 days. Then,



User A’s share of the new tokens (also his share of DAO locked): 500/20,000=2.5%

Users A will receive new tokens: 2.5%X 1,000,000=25,000 new tokens.

User A’s USDG payment: the actual new token user A will receive X token price: 25,000X0. 1=2500 USDG



After the sale, user A’s 500 DAO will be locked for 15 days.

And USDG for purchase of the new tokens will be deducted from User A’s spot account balance.





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 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 uatee 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.



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Gate.io Team



Sep 7, 2021





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