Announcements Gate.io Startup Free Offering: PIP(PIP) and Announcement of Free Distribution Rules( 720,150 PIP free of charge)

Gate.io Startup Free Offering: PIP(PIP) and Announcement of Free Distribution Rules( 720,150 PIP free of charge)

2023-03-27 03:09:04 UTC 19695 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 PIP(PIP) 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 PIP(PIP)**
PIP  (getpip.com) is a Web3 payment company with a mission to accelerate the inevitable future of global micropayments. PIP builds innovative payment services primarily focusing on individuals. PIP is funded by top-tier companies like Coinbase, Galaxy Digital and incubated by Binance Labs. 
PIP currently has over 360,000 total product users across 78 countries; processed over $30m in payment volume.

(The information below is provided by the PIP(PIP) team. Please follow PIP(PIP) for more information）
 
**Token Information**
Token Name: PIP
Token Symbol: PIP
Max Supply：1,000,000,000 PIP
Token Type: SPL
Contract: https://solscan.io/token/HHjoYwUp5aU6pnrvN4s2pwEErwXNZKhxKGYjRJMoBjLw
Token distribution ratio and unlocking rules: 
Reward Farming: 40%, 5% is released at TGE, for remaining 95%, 1% unlocked every month.
Strategic Investors:  15%, Locked for 3 months from Listing Date. Afterwards, 10% unlocked every month.
Development: 15%, Locked for 12 months from Listing Date. Cliff 50%. Afterwards, 4.2% unlocked every month.
Ecosystem: 10%, 20% is released at TGE, for remaining 80%, 2.8% unlocked every month.
Staking: 10%, 2.8% unlocked every month.
Liquidity: 5%, 2.8% unlocked every month.
Reserve: 4%, 2.8% unlocked every month.
Advisors: 1%, Locked for 12 months from Listing Date. Cliff 50%. Afterwards, 4.2% unlocked every month.

Website: https://getpip.com
WhitePaper: https://docs.getpip.com/ 
 
**PIP(PIP) Startup Sale Rules**
(1) Duration: 23:00 pm 27th March, 2023 - 23:00 pm 28th March, 2023 (UTC)
(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 02:00 am 29th March, 2023 (UTC)
Trading Pairs: PIP/USDT
(3) Price: 0 USDT
(4)Startup Supply: 720,150 PIP
(5) Unlock rule: 100% unlock.
(6) 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 a KYC account.
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
(8) 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.
(9) 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.
(10) 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.
 
**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn't participated in the PIP (PIP) 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 the 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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Reach out to us!
Twitter: https://twitter.com/gate_io
GateVIP Twitter: https://twitter.com/GateioVIP
Telegram: https://t.me/gate_zh
API Telegram: https://t.me/gateioapi
Instagram: https://www.instagram.com/gateioglobal
Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
March, 27th, 2023

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Gate.io Startup Free Offering: PIP(PIP) and Announcement of Free Distribution Rules( 720,150 PIP free of charge)

Gate.io Startup Free Offering: PIP(PIP) and Announcement of Free Distribution Rules( 720,150 PIP free of charge)

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