Announcements Gate.io Startup Initial Free Offering: Port3 Network (PORT3) and Announcement of Free Distribution Rules( 580,000 PORT3 free of charge)

Gate.io Startup Initial Free Offering: Port3 Network (PORT3) and Announcement of Free Distribution Rules( 580,000 PORT3 free of charge)

2024-01-05 11:25:16 UTC 33314 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 Port3 Network (PORT3) 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 Port3 Network (PORT3)**
1.Port3 Network is a Web3 Data Layer protocol, led by Jump Crypto and Kucoin Ventures, with other investors including dozens of top tier institutions including EMURGO, Momentum6, SNZ, Adaverse and Gate Labs. Port3 Network is building a protocol to aggregate and standardize off-chain and on-chain data to build a universally accessible and powerful Social Data Layer that can be widely applied to various DApps. The founders of the team come from Zurich, Paris, Bangkok, Moscow, South Africa and Bucharest. Has worked for well-known companies and institutions such as Apple, UBS, JP Morgan, and Tencent.

2.Currently Port3 and SoQuest support 19 L1s and almost all EVMs. The total number of users exceeds 2M. It has more than 5,000 partners including BNB Chain, Trader Joe, Conflux, etc. Received incubation from Binance Labs and BNB Chain and held the first Zero 2 Hero Hackathon with BNB Chain. Received grants and other support from BNB Chain, MASK, Aptos and other institutions.

3.The main products that Port3 Network has completed so far are SoQuest and BQL. SoQuest is a task platform with DAU over 60k. Leverage the rewards provided by cooperated projects to allow users to voluntarily provide their profiles across different platforms of Web2 and Web3, and provide our users with special benefits through user preferences and intents, including higher select rates in public sales, airdrop rewards from high-quality projects, and priority purchase of co-branded NFTs rights etc.

4.Another major and latest product, BQL, as a Natural Language Processed On-Chain Workflow Executor, provides the possibility of intent-centeric protocols and infrastructure (Intent-Centric Layer) an open approach. Users do not need to search for cumbersome interactive tutorials but can perform complex on-chain interactions with one click. Even instructions edited in natural language can be compiled into standard paradigms of on-chain workflows and can be executed by EVM-compatible contracts. Currently BQL trading volume exceeds 6000mln. Extensive support for other alt-chains will also be applied in the future.

(The information below is provided by the Port3 Network (PORT3) team. Please follow Port3 Network (PORT3) for more information）
 
**Token Information**
Token Name: Port3 Network
Token Symbol: PORT3
Max Supply：1,000,000,000
Token Type: ERC-20
Contract:
ERC-20: https://etherscan.io/token/0xb4357054c3dA8D46eD642383F03139aC7f090343 
Token distribution ratio and unlocking rules: 
Ecosystem: 36%, None
Treasury: 10%, None
Team: 20%, 1 Year Lock, linearly release in 3 Years 
Private Sale: 21%, TGE 2.5%, Cliff locked for 3 months, linearly released every Quarter over 2 years
Public Sale: 1%, Fully unlocked
Airdrop: 7%, TGE 25%, linearly release everyday over 10 months
Marketing: 5%, None

Website: https://port3.io/ 
WhitePaper ：https://port3.notion.site/What-is-Port3-Network-c24968b117c54dcebb246c7ef6d9dcb5 
 
**Port3 Network (PORT3) Startup Sale Rules**
(1) Duration: 04:00 am 7th Jan, 2024 - 04:00 am 8th Jan, 2024 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 08:00 am 8th Jan, 2024 (UTC)
Trading Pairs: PORT3/USDT
(3) Price: 0 USDT
(4)Startup Supply : 580,000 PORT3
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, 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.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899.
(7) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(8) 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 has participated in the Port3 Network (PORT3) investment.

**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
Jan 5th, 2024

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Gate.io Startup Initial Free Offering: Port3 Network (PORT3) and Announcement of Free Distribution Rules( 580,000 PORT3 free of charge)

Gate.io Startup Initial Free Offering: Port3 Network (PORT3) and Announcement of Free Distribution Rules( 580,000 PORT3 free of charge)

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