Announcements Gate.io Startup Free Offering: World Mobile Token(WMT) and Announcement of Free Distribution Rules (282,259 WMT free of charge)

Gate.io Startup Free Offering: World Mobile Token(WMT) and Announcement of Free Distribution Rules (282,259 WMT free of charge)

2023-11-21 06:25:07 UTC 19472 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, World Mobile Token(WMT), on November 24th, 2023 at 06:00 AM (UTC).
 
Startup Link: https://www.gate.io/startup
 
**Introduction to  World Mobile Token(WMT)：**
World Mobile tackles global connectivity gaps, empowering millions through a sharing economy model. Users double as network owners, earning native token (WMT) rewards for operating EarthNodes . WMT fuels transactions—calls, texts, streaming, internet use, and value-added services like healthcare or micro-loans—rewarding EarthNode operators and stakers. This innovative approach bridges the digital divide, fostering inclusivity while revolutionizing the telecommunications landscape.

(The information below is provided by the World Mobile Token(WMT) team. Please follow the website for more information）
 
**Token Information**
Token name: World Mobile Token
Token symbol: WMT
Max Supply: 2,000,000,000 WMT
Token Type: Cardano Native Token
Token Contract: 
1d7f33bd23d85e1a25d87d86fac4f199c3197a2f7afeb662a0f34e1e776f726c646d6f62696c65746f6b656e

**Token Distribution and Unlocked Rules:**
*Private Sale: 2.5%
All vested after 9 months Cliff

*Public sale: 10%
100% at TGE

*Incentive rewards: 3%
100% at TGE

*Early staking rewards: 2.5%
100% at TGE

*Advisors : 5.9%
12 Months cliff, linear vesting over 24 Months

*Cofounders: 17.75%
18 Months cliff, linear vesting over 24 Months

*Team: 1.5%
12 Months cliff, linear vesting over 24 Months

*Partnerships: 7.85%
Cliff and vesting to be determined at the time of partnership allocation

*Community Fund: 2%
24 Months cliff, linear vesting over 48 Months

*Operational Fund: 18%
6 Months cliff, linear vesting over 72 Months

*Node operators/stakers: 29%
Distribution starts at the launch of mainnet, distribution over 20 years

Website: https://www.worldmobiletoken.com 
Whitepaper: https://worldmobiletoken.com/WhitePaper.pdf 
Token Information: 
https://cardanoscan.io/token/1d7f33bd23d85e1a25d87d86fac4f199c3197a2f7afeb662a0f34e1e776f726c646d6f62696c65746f6b656e

**World Mobile Token(WMT)Startup Sale Rules**
(1) Duration: 06:00 AM on November 24th - 06:00 AM on November 25th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 10:00 AM on November 25th (UTC), 2023   
(3) Price: $0; Startup Supply: 282,259 WMT
(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 World Mobile Token(WMT)

**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 21st, 2023

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Gate.io Startup Free Offering: World Mobile Token(WMT) and Announcement of Free Distribution Rules (282,259 WMT free of charge)

Gate.io Startup Free Offering: World Mobile Token(WMT) and Announcement of Free Distribution Rules (282,259 WMT free of charge)

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