Announcements GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Playbux (PBUX) and Only GT Subscription Rules Announcement( 500,000 PBUX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Playbux (PBUX) and Only GT Subscription Rules Announcement( 500,000 PBUX free of charge)

2024-04-22 05:49:11 UTC 21777 Read

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This Playbux (PBUX)  will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this Playbux (PBUX)  Subscription.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1434" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

Introduction to Playbux (PBUX) :
Playbux is the largest entertainment platform on BNBchain invested by Binance Labs and Visa and many other leading web3 funds.Playbux offers a variety of services such as movies, gaming, trading and many other entertainment options in one place. It has already achieved no.1 status for most UAW per day, on-chain transactions per day, highest volume of NFT trading on all marketplaces.
(The information below is provided by the Playbux (PBUX) team. Please follow Playbux (PBUX) for more information）

Token Information
Token Name: Playbux token
Token Symbol: PBUX
Max Supply：400,000,000
Token Type: BEP-20
Smart Contract Address:https://bscscan.com/token/0x9D1d4dE9cD93203147fAc3BC0262a78e3a0e96bb

Token distribution ratio and unlocking rules:
IEO Bybit: 1.00%, all unlocked
Launchpool (kucoin): 0.33%, 25% on TGE, then 3 months cliff and vesting for the rest 3 months
Bitget Marketing: 0.06%, all unlocked
KOL's / Marketing Raiser round：2.50%,  linear vesting for 12 months 
KOL's / Marketing China Round: 0.15%, linear vesting for 12 months 
Liquidity for MM: 10.00%, linear vesting for 3 months 
Investors Saft 1: 10.00%, 6 months cliff, vesting every 3 months linear for 2 years
Investors Saft 2: 4.50%, 6 months cliff, vesting every 3 months linear for 2 years
Investors Saft 3 (dwf+out of stock): 0.20%, 6 months cliff, vesting every month linear for 2 years
Vincent: 0.03%, 6 months cliff, vesting every month linear for 2 years
Emurgo: 0.20%, vesting every month linear for 2 years
Mario Investment  (IBC): 0.10%, linear vesting for 36 months 
Mario KOL: 0.10%, 6 months cliff, vesting every month linear for 2 years
Pre-listing round 1: 0.16%, linear vesting for 12 months 
Pre-listing round 2: 1.05%, 1 month cliff and vesting for 12 months 
Treasury: 20.00%, 3 months cliff vesting monthly linear for 12 months 
Protocol Rewards+ Marketing: 25.00%, linear vesting for 24 months
Team: 24.63%, 6 months cliff, vesting every month linear for 2 years

Website: https://www.playbux.co/
Whitepaper: https://www.playbux.co/playbux-whitepaper-announcement

Playbux (PBUX) Startup Subscription Rules：
(1) Duration: 09:00 AM April 22nd, 2024 - 09:00 AM April 23rd, 2024 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally)
(2) Trading Starts Time：12:00 PM April 23rd, 2024 (UTC)
The Trading Pair: PBUX/USDT
(3) Subscription Token: GT.
(4) Subscription Price: $0 GT
(5) Subscription Total: 28,571 GT
(6) Startup Total Supply: 500,000 PBUX
(7) Unlock rule: 50% at TGE, and 50% released in TGE+1 month
(8) Participation Requirement:
1.Users with an average GT holding of no less than 10 GT over the past 14 days are eligible to participate in the GT holder-exclusive airdrop subscription and share token rewards.
2.The more GT you hold on average over the past 14 days, the more subscription shares you receive, and ultimately, the more tokens you get.
Tokens received by participants = Number of tokens per GT share x Number of shares subscribed x Coefficient
3.GT tokens contributed by participants have no lock-up period, allowing users to participate in multiple projects simultaneously with no participation limit.
4.The subscription limit for a single project is 3,000 shares per user. If the project’s share is less than 3000, each user’s subscription limit for the project will be limited based on the total shares of the project.
[Click to check My GT Holdings](https://www.gate.io/gt "Click to check My GT Holdings")
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.

Please Note: 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.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your average GT holding over the past 14 days is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Participants must complete KYC2 verification.
2.Each 10 GT can be subscribed for 1 share, with a maximum subscription limit of 3,000 shares per user for one project.
3.The maximum subscription share is calculated based on the snapshot of the average GT holding over the last 14 days. GT Holding Calculation 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.
4.If the total GT holdings of the participants at the time of token distribution are lower than the total GT holdings at the time of subscription, the user will receive the corresponding token amount based on the actual GT holdings at the time of distribution (still subject to the minimum requirement of 10 GT); otherwise, no adjustments will be made.
5.The final subscription results will be announced before trading begins. You can check your results in “[My Spot Account“](https://www.gate.io/myaccount/myfunds/spot "My Spot Account“") or “[Subscription History](https://www.gate.io/startuplist/history "Subscription History").”
6.The exclusive subscription for GT holders will start soon. Please stay tuned to our [official announcements](https://www.gate.io/articlelist/ann "official announcements") and [social mediafor](https://twitter.com/Gateio_Startup "social mediafor") the latest updates.
7.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
8.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
9.Gate.io reserves all rights to the final explanation.
10.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs invested in Playbux (PBUX).

**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
April 22nd, 2024

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GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Playbux (PBUX) and Only GT Subscription Rules Announcement( 500,000 PBUX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Playbux (PBUX) and Only GT Subscription Rules Announcement( 500,000 PBUX free of charge)

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