Announcements Gate.io Startup Free Offering: ReelToken(REELT)and Announcement of Free Distribution Rules( 571,429 REELT free of charge)

Gate.io Startup Free Offering: ReelToken(REELT)and Announcement of Free Distribution Rules( 571,429 REELT free of charge)

2023-03-16 10:37:10 UTC 33621 Read

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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 ReelToken(REELT) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.

Startup Link: https://www.gate-learn.com/startup

Introduction to ReelToken(REELT)
REELT is currently using the POLYGON (MATIC) which allows individuals with ReelToken to efficiently, cost effectively, safely and securely hold REELT, exchange them for either Fiat or other Cryptocurrencies & use REELT for discounted goods and services within the Reel Star App.

(The information below is provided by the ReelToken(REELT) team. Please follow ReelToken(REELT) for more information）

Token Information
Token Name: ReelToken 
Token Symbol: REELT
Max Supply：15,000,000,000 REELT
Token Type:MATIC
Contract:https://polygonscan.com/address/0x19CcfE396006ffe7A92Ab667b0ef90CE61B66f9f
Token distribution ratio and unlocking rules: 
Seed Sale: 0.383% - 100% release on TGE for < $10,000USDT, otherwise 20% Released on TGE, 1 month cliff, 4 months vesting, 20% monthly 
Private Sale: 3.267% - 0% release on TGE, 3 months cliff, 12 months linear vesting on monthly basis 
ITO Sale 1: 0.164% - 100% release on TGE for < $10,000USDT, otherwise 20% Released on TGE, 1 month vesting, 4 months vesting, 20% monthly 
ITO Sale 2: 0.073% - 100% release on TGE for < $10,000USDT, otherwise 20% Released on TGE, 1 month's cliff, 4 months vesting, 20% monthly 
Public Sale (IEO): 0.5% - 100% release on TGE 
Governance Foundation: 5% - 0% release on TGE, 60 months linear vesting on monthly basis 
Governance Nodes (Liquidity): 20% - 1% release on TGE, 120 months linear vesting on monthly basis 
Founders: 15% - 0% release on TGE, 12 months cliff, 36 months linear vesting on monthly basis 
Advisors: 2% - 0% release on TGE, 12 months cliff, 10 months linear vesting on monthly basis 
Marketing: 2% - 0% release on TGE, 12 months cliff, 10 months linear vesting on monthly basis 
Developers: 0.9% - 0% release on TGE, 60months linear vesting on monthly basis. 
Game incentives: 0.1% - 0% release on TGE, \60 months linear vesting on monthly basis 
Future Release: 50.613% - 0% release on TGE, size and timeline of utilization will depend upon needs and initiatives on reelstar app (60 months vesting)

Website:https://www.reelcrypto.io/
WhitePaper ： https://www.reelcrypto.io/wp-content/themes/reel-token/documents/ReelToken%20-%20Whitepaper_V3.01_V4.pdf

ReelToken(REELT) Startup Sale Rules
(1) Duration: 5:30am 22nd Mar, 2023 - 5:30am 23rd Mar, 2023 (UTC)  (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 8:30am 23th Mar, 2023 (UTC)
Trading Pairs: REELT/USDT
(3) Price: 0 USDT
(4)Startup Supply :571,429 REELT
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share; 
The higher the VIP tier, the more shares.
For VIP 1 and above,  the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation,please refer to the link:https://www.gate.io/article/29892
(9) 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.
(10) 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.
（11）That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs hasn't participated in the ReelToken(REELT) investment.

Attention
(1) Countries not supported: the United States, 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 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
March,16th, 2023

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Gate.io Startup Free Offering: ReelToken(REELT)and Announcement of Free Distribution Rules( 571,429 REELT free of charge)

Gate.io Startup Free Offering: ReelToken(REELT)and Announcement of Free Distribution Rules( 571,429 REELT free of charge)

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