Gate.io Startup Free Offering: SquidGrow(SQUIDGROW) and Announcement of Free Distribution Rules ( 9,500,000,000,000 SQUIDGROW 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, SquidGrow(SQUIDGROW) , on August 25th 2022 at 10:00 AM (UTC).
Startup Link: https://www.gate.io/startup
Introduction to SquidGrow(SQUIDGROW）
SquidGrow was conceptualized by anonymous crypto billionaire “Shibtoshi” and is pushing boundaries and setting precedents for a growing meme-utility token. Shibtoshi is one of the largest Shiba Inu holders, which perfectly positions SquidGrow to get to the highest level through a multitude of well sought out connections and experience. The core focus is centred around building a thriving community through massive marketing campaigns, and helping the general public experience the life altering effects of crypto. The SquidGrow community is the foundation of this project – however, what will take them to the next level is their ingenious utility, that functions both on the Binance and Etherium blockchains.
(The information below is provided by the team. Please follow the website for more information）
Token name: SquidGrow
Token symbol: SQUIDGROW
Max Supply: 1,000,000,000,000,000 SQUIDGROW
Token Type: BEP-20
Token Contract: 0x88479186BAC914E4313389a64881F5ed0153C765
Token Distribution and Unlocking Rules:
* AIRDROP ：3%
SquidGrow(SQUIDGROW) Startup Sale Rules
(1) Duration: 10:00 AM on August 25th-10:00 AM on August 26th (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: 9,500,000,000,000 SQUIDGROW
(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.
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 10:00 AM on August 25th-10:00 AM on August 26th (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 10:00 AM on August 26th (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: 02:00 AM on August 27th (UTC), 2022
Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in SquidGrow
(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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August 23rd, 2022