Announcements Gate.io Startup Free Offering:PAAL AI(PAAL)and Announcement of Free Distribution Rules (3,528,554 PAAL free of charge)

Gate.io Startup Free Offering:PAAL AI(PAAL)and Announcement of Free Distribution Rules (3,528,554 PAAL free of charge)

2023-09-08 13:23:09 UTC 44816 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". 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, PAAL AI(PAAL), on September 14th, 2023 at 04:00 AM (UTC).
 
Startup Link: https://www.gate.io/startup
 
**Introduction to PAAL AI(PAAL)：**
PAAL AI is an advanced ecosystem with chatbots built on AI and ML technologies, designed to streamline tasks that typically require human intellect, such as natural language understanding, decision-making, and trading.

(The information below is provided by the  PAAL AI(PAAL) team. Please follow the website for more information）
 
**Token Information**
Token name: PAAL AI
Token symbol: PAAL
Max Supply: 1,000,000,000 PAAL
Token Type: Ethereum
Token Contract: 
0x14fee680690900ba0cccfc76ad70fd1b95d10e16

Token Distribution and Unlocked Rules:
65% Liquidity
20% locked up (foundation)
15% staking rewards (3 pools, 5% per pool)

Website: https://paalai.io 
Whitepaper: https://docs.paalai.io/ 
Token Information: 
https://etherscan.io/token/0x14fee680690900ba0cccfc76ad70fd1b95d10e16

**PAAL AI(PAAL) Startup Sale Rules**
(1) Duration: 04:00 AM on September 14th - 04:00 AM on September 15th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 07:00 AM on September 15th (UTC), 2023   
(3) Price: $0; Startup Supply: 3,528,554PAAL 
(4) Unlocking Rule: 100% Unlock
(5)  Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/zh/article/31899 
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) 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 Investment Participating Disclosure**
Gate.io Labs didn’t invest in PAAL AI(PAAL)

**Attention**
(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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Gate.io Team
September 8th, 2023

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Gate.io Startup Free Offering:PAAL AI(PAAL)and Announcement of Free Distribution Rules (3,528,554 PAAL free of charge)

Gate.io Startup Free Offering:PAAL AI(PAAL)and Announcement of Free Distribution Rules (3,528,554 PAAL free of charge)

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