Announcements Gate.io Startup Free Offering: Superpower Squad（SQUAD）and Announcement of Free Distribution Rules( 1,304,347 SQUAD free of charge)

Gate.io Startup Free Offering: Superpower Squad（SQUAD）and Announcement of Free Distribution Rules( 1,304,347 SQUAD free of charge)

2023-01-31 12:11:29 UTC 24625 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", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
 
This Superpower Squad (SQUAD) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
 
Startup Link: https://www.gate.io/startup
 
**Introduction to Superpower Squad (SQUAD)**
Superpower Squad is a Web3 game platform with 2-year development in exclusive P2E infrastructure such as in-app, built-in wallet, and Web3 game chain. Its first game Superpower Squad is a superhero-themed eSport Mobile Shooter with 6 play modes, UGC customisation, and sustainable Tokenomics. The team has more than 10 years of experience in game development, with sufficient game reserves. It is the first truly fun and Play for Fun and Skill to Earn game. The competitive Web3 Game backers are industry leaders such as KuCoin. More games will be introduced to join the platform.

(The information below is provided by the Superpower Squad (SQUAD) team. Please follow Superpower Squad (SQUAD) for more information）
 
**Token Information**
Token Name: SQUAD
Token Symbol: SQUAD
Max Supply：1,000,000,000
Token Type:BEP-20
Contract:
https://bscscan.com/token/0x724a32dfff9769a0a0e1f0515c0012d1fb14c3bd
Token distribution ratio and unlocking rules: Community System Reward 40%：0% unlocked at TGE followed by monthly vesting over 48 months.

Ecosystem Fund 2.4%：20% unlocked at TGE, followed by monthly vesting over 7 months.

Research and development 1%：70% unlocked atTGE, followed by monthly vesting over 7 months.

Advisors 2%：0% unlocked at TGE,followed by 12months cliff,followed by monthly vesting over 36 months.

DAO 3%：0% unlocked atTGE, followed by monthly vesting over 36 months.

Test and Bounty Plan 1%：10% unlocked at TGE followed by monthly vesting over 24 months

Airdrop 1%：2.8% unlocked at TGE, followed by monthly vesting over 24 months.

Project Maintenance and Upgrades 5%：2.8% unlocked at TGE, followed by monthly vesting over 48 months.

Operation and Promotions 4.25%：0.33% unlocked at TGE, followed by monthly vesting over 36 months.

Private Sale 10%：0% unlocked at TGE. followed by a 3 month cliff, followed by that.10% released in the 4th month followed by monthly vesting over remaining 18 months
PancakeSwap clFo 2.5%：20% unlocked at TGE.followed by block-by-block linear vesting over 90 days

Team 20%：0% unlocked at TGE followed by a 6 month cliff,followed by a monthly linear vesting over 36 months.

PancakeSwap Syrup Pool 0.85%：0% unlocked at TGE followed by block-by-block linear  vesting over 60 days.
Strategic Reservation 7%：0% unlocked at TGE,followed by a 12-month cliff for 1st year, provisioned when needed.
 
Website: https://ssquad.games/
WhitePaper ：https://docs.ssquad.games/
 
**Superpower Squad (SQUAD) Startup Sale Rules**
(1) Duration: 07:00 am 2nd Feb, 2023 - 07:00 am 3rd Feb, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 1:00 pm 3rd Feb, 2023 (UTC)
Trading Pairs: SQUAD/USDT
(3) Price: 0 USDT
(4)Startup Supply :1,304,347 SQUAD
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share; 
The higher the VIP tier, the more shares.
For VIP 1 and above,  the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 x 2 x 10 = 40 shares
VIP3 users can subscribe up to 3 x 3 x 10 = 90 shares
(9) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(10) We will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced before trading starts.
 
**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn't participated in the Superpower Squad (SQUAD) investment.
 
**Attention**
(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.
For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.
 
(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
Jan,31st, 2023

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Gate.io Startup Free Offering: Superpower Squad（SQUAD）and Announcement of Free Distribution Rules( 1,304,347 SQUAD free of charge)

Gate.io Startup Free Offering: Superpower Squad（SQUAD）and Announcement of Free Distribution Rules( 1,304,347 SQUAD free of charge)

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