Announcements Gate.io Startup Initial Free Offering: HAQQ Network(ISLM) and Announcement of Free Distribution Rules (760,521 ISLM free of charge)

Gate.io Startup Initial Free Offering: HAQQ Network(ISLM) and Announcement of Free Distribution Rules (760,521 ISLM free of charge)

2024-09-03 12:54:46 UTC 19179 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io has launched the “Startup Project Free Airdrop Program” in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.
User’s participation funds will not be deducted for Startup project HAQQ Network(ISLM) free airdrop.

1.How to Participate:
Step 1: Login to your Gate.io account(Complete KYC2 verification)
Step 2: Hold no less than 10 USD of spot asset
Step 3: Click “$0 Free to Claim”

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1814" 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>

2.HAQQ Network(ISLM) Startup Participation Rules
Duration: 01:00 AM 10th September, 2024 - 01:00 AM 12th September, 2024 (UTC)(Orders placed by qualified users within the subscription period will be treated equally.)
Trading starts time: 05:00 AM 12th September, 2024 (UTC) (Trading pair: ISLM/USDT)
Fundraising Goal: $45,000 USDT
Startup Supply: 760,521 ISLM
Unlocking Rule: 100% Unlock
Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.
Startup Participation Rules:
(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8,000 shares. For specific information about available shares, please refer to: https://www.gate.io/announcements/article/37836 
(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, 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.
(3) The user’s VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.
(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.
Note: That 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.
Learn more about the rules for available shares of different VIP levels: https://www.gate.io/announcements/article/37836 
Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

3.Project Information (The information below is provided by the HAQQ Network(ISLM) team. Please follow the website for more information）
(1)Introduction：
ISLM is Shariah-compliant digital money designed to cater to the World’s Muslim community. It is the native currency of HAQQ Network (Meaning “Truth”)—an ethics-first, scalable and interoperable Proof-of-Stake blockchain built using the Cosmos SDK moduleon with fast finality.
More details:
(2)Token name: Islamic Coin
(3)Token symbol: ISLM
(4)Max Supply: 100,000,000,000
(5)Token Type: Mainnet Token 
(6)Token Contract: https://explorer.haqq.network/
(7)Token Distribution and Unlocked Rules:
*Partners and Advisors: 5.5516%
Linear daily vesting until March 2029 and March 2032 (Depending on allocations of Partners and Advisors, largest allocation has longer unlocks)

*Private Sale: 13.5488% 
Linear daily vesting until March 2029

*Private Sale (reserved for contract obligations): 5.2533%
6 Months Cliff, linear daily vesting over 60 months

*United Contributors DAO: 23.8135%
Linear daily vesting until March 2029 (Unlocked coins are kept in DAO until participants vote for withdrawal)

*Foundation (non-vested): 2.1297%
Will not be vested

*Foundation: 17.3600%
Linear daily vesting until March 2029

*Foundation (unallocated partners reserve): 16.9863%
6 Months Cliff, linear daily vesting over 60 months

*Evergren DAO: 10.0002%
Charitable withdrawals will be available upon DAO module release on chain

*Bored Gen DMCC: 0.9423%
TGE: 100%

*Community: 4.3872%
TGE:100%

*Republic Sale (Reg S): 0.0257%
4 Months Cliff, then immediate full unlock

*Republic Sale (Reg D): 0.0014%
TGE:100%

For more details, please refer to: https://islamiccoin.net/roadmap

(8)Website: https://islamiccoin.net

(9)Whitepaper: https://islamiccoin.net/whitepaper

4.Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not invested in HAQQ Network(ISLM)

**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.

Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io

Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") Client now>>>
Follow us on [Gate.io X (Twitter)](https://twitter.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>>
Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>>
Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>>
We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>>
[Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from [referrals](https://www.gate.io/referral "referrals")

Gate.io Team
September 3rd, 2024

Change & Chart Start-End Time

Rise/Fall Color

Pay With

Gate.io Startup Initial Free Offering: HAQQ Network(ISLM) and Announcement of Free Distribution Rules (760,521 ISLM free of charge)

Gate.io Startup Initial Free Offering: HAQQ Network(ISLM) and Announcement of Free Distribution Rules (760,521 ISLM free of charge)

Select language and region

Select your region

Fiat Currencies