Announcements Gate.io Startup Initial Free Offering: ZetaChain (ZETA) and Announcement of Free Distribution Rules ( 419,581 ZETA free of charge)

Gate.io Startup Initial Free Offering: ZetaChain (ZETA) and Announcement of Free Distribution Rules ( 419,581 ZETA free of charge)

2024-01-26 12:44:43 UTC 36672 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 ZetaChain(ZETA) 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 ZetaChain(ZETA)**
ZetaChain is the foundational, public blockchain that enables omnichain, generic smart contracts and messaging between any blockchain. It solves the problems of “cross-chain” and “multi-chain” and aims to open the crypto and global financial ecosystem to anyone. ZetaChain envisions and supports a truly fluid, multi-chain crypto ecosystem, where users and developers can move between and appreciate the benefits of any blockchain: payments, DeFi, liquidity, games, art, social graphs, performance, security, privacy, and so on.
 
(The information below is provided by the ZetaChain(ZETA) team. Please follow ZetaChain(ZETA) for more information）
 
**Token Information**
Token Name: ZETA
Token Symbol: ZETA
Max Supply：2,100,000,000
Token Type: ERC-20
0xf091867EC603A6628eD83D274E835539D82e9cc8

Token distribution ratio and unlocking rules: 
User Growth Pool: 10.00%, 210,000,000.  This portion is allocated towards incentivizing usage and growing the user-base of ZetaChain. This will be distributed through various initiatives which are based on active, meaningful user behaviors.
Liquidity incentives: 5.50%, 115,500,000. The assets managed by the network's TSS have an allocation of rewards that incentivize providing liquidity that is usable on zEVM. 
Ecosystem Growth Fund: 12.00%, 252,000,000. This portion is allocated towards partners and developers contributing to the ZetaChain ecosystem. For example, incentives to help dApp developers get started through a grant program or for wallet partners to support ZetaChain natively.
Core Contributors: 22.50%, 472,500,000. ZETA are allocated to Purchasers as well as Core Contributors and Advisors who earned tokens for their contributions to the ZetaChain network.
Purchasers: 16.00%, 336,000,000. ZETA are allocated to Purchasers as well as Core Contributors and Advisors who earned tokens for their contributions to the ZetaChain network.
Protocol Treasury: 24.00%, 504,000,000. The treasury pool is allocated towards ecosystem and community initiatives aimed at improving the ZetaChain ecosystem such as network insurance, bug bounties, protocol development and bounties, and operations.
Validator Incentives: 10.00%, 210,000,000. A portion of the total initial supply (10%) is allocated to the initial emissions pool on ZetaChain.

Website: https://zetachain.com/ 
WhitePaper：https://www.zetachain.com/whitepaper.pdf 
 
**ZetaChain(ZETA) Startup Sale Rules**
(1) Duration: 12:00 PM January 28th, 2024 - 12:00 PM January 30th, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: TBD
Trading Pairs: ZETA/USDT
(3) Price: 0 USDT
(4)Startup Supply : 419,581 ZETA
(5) Unlock rule: 50% unlock, rest 50% unlock next month 
(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 hasn't participated in the ZetaChain(ZETA) 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
January 26th, 2024

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Gate.io Startup Initial Free Offering: ZetaChain (ZETA) and Announcement of Free Distribution Rules ( 419,581 ZETA free of charge)

Gate.io Startup Initial Free Offering: ZetaChain (ZETA) and Announcement of Free Distribution Rules ( 419,581 ZETA free of charge)

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