Announcements Gate.io Startup initial Offering: Schrodinger (SGR) and Only GT Subscription Rules Announcement

Gate.io Startup initial Offering: Schrodinger (SGR) and Only GT Subscription Rules Announcement

2024-03-15 05:21:17 UTC 31733 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
This Schrodinger (SGR) will only be available for GT subscriptions. Please be aware that the participation users'  funds will be deducted at the end of this Schrodinger (SGR) Subscription.

**Introduction to Schrodinger (SGR):**
Project Schrodinger is an AI-generated NFT creation platform for creators, projects, and users. Anyone can obtain their unique NFTs that are created by AI. These NFTs have 404 functionalities as they can be traded on both NFT marketplaces and decentralized exchanges.
(The information below is provided by the Schrodinger (SGR) team. Please follow Schrodinger (SGR) for more information）
 
**Token Information **
Token Name: Schrodinger
Token Symbol: SGR
Max Supply：21,000,000
Token Type: ERC 20
Smart Contract Address: https://etherscan.io/address/0x478156deabfac918369044d52a6bdb5cc5597994

Token distribution ratio and unlocking rules:
Credit Mining, 94%: Mining for 5 years, adjusted based on the growth and changes in credits.
IDO+IEO, 1%:  100% vested on TGE
Team, 2%: 1-year cliff, with 12-month vesting.
Marketing, 2%: For marketing purposes. This includes a 1% allocation for a presale round to KOLs.
20% of KOL purchased tokens during the presale round will be unlocked during TGE. This is followed by a 3-month cliff with 6-month linear vesting.
AirDrop, 1%: For community collaborations with top projects such as AI, 404, etc.
 
Website: https://schrodingernft.ai/
Whitepaper: https://schrodingernft.gitbook.io/schroedingers-cat/
 
**Schrodinger (SGR) Startup Subscription Rules：**
(1) Duration: 06:00 AM March 19th, 2024 - 06:00 AM March 20th, 2024 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally)
(2) Trading Starts Time：10:00 AM March 20th, 2024 (UTC)
The Trading Pair: SGR/USDT
(3) Users can only subscribe by using GT.
(4) Subscription Price: $0.5 USDT
(Attention: As GT is already traded on the market, the price is not fixed. Therefore, GT pricing will be calculated based on the average price during the period from 13 March 2024 00:00 AM UTC to 19 March 2024 00:00 AM UTC)
(5) Startup subscription target: $52,500 USDT worth of GT
(6) Startup Total Supply: 105,000 SGR
(7) Unlock rule: 100% Unlock
(8) Participation Requirement: The individual purchase limit will be calculated based on the average holdings of GT (including the asset in the Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading; however, GT borrowed from Margin Trading is not included) 7 days before the sale. Users with no GT holdings can not participate in the sale. Participants can have a higher purchase limit with more GT holdings. 
The Subscription Allocation will be announced before March 19th, 2024. Please pay attention to the upcoming announcement.
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
(10) Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
 
**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in Schrodinger (SGR).

**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
Mar 15th, 2024

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Gate.io Startup initial Offering: Schrodinger (SGR) and Only GT Subscription Rules Announcement

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