Announcements Gate.io Startup Free Offering: EML Protocol(EML) and Announcement of Free Distribution Rules 195,313 EML free of charge）

Gate.io Startup Free Offering: EML Protocol(EML) and Announcement of Free Distribution Rules 195,313 EML free of charge）

2023-11-09 08:49:50 UTC 20657 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, EML Protocol(EML), on November 15th, 2023 at 07:00 AM (UTC).
 
Startup Link: https://www.gate.io/en/startup
 
**Introduction to  EML Protocol(EML)：**
The EML Protocol is an end-to-end payment platform that integrates the permissioned private custom blockchain alike Hyperledger Fabric, which allows only approved users to participate. This platform directly connects users and merchants (platforms), implementing services through blockchain-based smart contracts and coin circulation structures to simplify the consensus algorithm, thus providing a fast and cost-effective payment platform. A separate service provider called the Membership Services Provider (MSP) is responsible for managing approvals and is involved in the processing of transactions within the Fabric framework.

And we are actively working on creating a cutting-edge P2P platform, GPS-based travel application, and e-commerce platform, with a firm commitment to delivering these innovative solutions to users in the near future, enhancing their online experiences and making their lives more convenient.

(The information below is provided by the EML Protocol(EML) team. Please follow the website for more information）
 
Token Information
Token name: EML Token
Token symbol: EML
Max Supply: 2,000,000,000 EML
Token Type: ETH
Token Contract: 
0x03dDe9e5BB31ee40A471476e2FCcF75C67921062

Token Distribution and Unlocked Rules:
*Ecosystem: 30%
20% Unlock at TGE, linear vesting over 12 months

*Operation: 10%
15% Unlock at TGE, linear vesting over 36 months

*Marketing: 10%
15% Unlock at TGE, linear vesting over 24 months

*Reserve: 20%
12 Months Cliff, linear vesting over 36 months

*Strategic Partnership: 10%
5% Unlock at TGE, 6 Months Cliff, linear vesting over 36 months

*Team & Advisor: 10%
5% Unlock at TGE, 6 Months Cliff, linear vesting over 48 months

*R & D: 10%
15% Unlock at TGE, linear vesting over 24 months

Website: https://emlprotocol.io/ 
Whitepaper: https://emlprotocol.io/asset/EML_Whitepaper_eng.pdf
Token Information: 
https://etherscan.io/token/0x03dde9e5bb31ee40a471476e2fccf75c67921062

**EML Protocol(EML)Startup Sale Rules**
(1) Duration: 07:00 AM on November 15th - 07:00 AM on November 16th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 10:00 AM on November 16th (UTC), 2023   
(3) Price: $0; Startup Supply:  195,313 EML
(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/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 EML Protocol(EML)

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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
November 9th, 2023

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Gate.io Startup Free Offering: EML Protocol(EML) and Announcement of Free Distribution Rules 195,313 EML free of charge）

Gate.io Startup Free Offering: EML Protocol(EML) and Announcement of Free Distribution Rules 195,313 EML free of charge）

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