Announcements GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Versus-X (VSX) and Announcement of Free Distribution Rules( 242,425 VSX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Versus-X (VSX) and Announcement of Free Distribution Rules( 242,425 VSX free of charge)

2024-04-01 15:28:12 UTC 22872 Read

VSX/USDT + 5.32%

[//]:content-type-MARKDOWN-DONOT-DELETE
This Versus-X (VSX) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this Versus-X (VSX)  Subscription.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1356" 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>

Introduction to Versus-X (VSX)  :
The first skill gaming ecosystem with multi token wagering. Versus-X is focussed on expanding skill gaming through quality, realistic sports and racing games at first. Housed in a digital world with new ways to wager on games of skill. Multi token wagering allows us to work with high profile token partners and bring their players into our ecosystem.

(The information below is provided by the Versus-X (VSX) team. Please follow Versus-X (VSX)  for more information）

Token Information
Token Name: Versus-X (VSX)
Token Symbol: VSX
Max Supply：100,000,000
Token Type: polygon
Smart Contract Address: 0xB8d5f5f236C24e09c7f55EEc313818742aC4cF79
Token distribution ratio and unlocking rules:
9% Team (TGE 0%, Cliff 10 months, then linear vesting 36 months)
3% Advisors (TGE 0%, cliff 8 months, then linear vesting 30 months)
11% Marketing (TGE 10%, then linear vesting 40 months)
10% Development (TGE 2.5%, cliff 3 months, then linear vesting 40 months)
6.69% Treasury (TGE 5%, linear vesting 48 months)
6% Liquidity (TGE 50%, linear vesting 4 months)
8% Staking (TGE 25%, cliff 3 months, then linear vesting 6 months)
24% Ecosystem (TGE 15%, linear vesting 48 months)
4% Strategic Round (TGE 0%, cliff 6 months, then linear vesting 12 months)
5% Seed Round (TGE 0%, cliff 12 months, then linear vesting 24 months)
7.31% Private Round (TGE 0%, cliff 3 months, then linear vesting 15 months)
6% Public Round (TGE 25%, then linear vesting 4 months)

Website: https://versusx.io
Whitepaper:  https://versus-x.gitbook.io/versus-x

Versus-X (VSX) Startup Subscription Rules：
(1) Duration: 02:00 am 2nd April , 2024 -  07:00 am 2nd April, 2024 (UTC) (Orders placed by qualified users within these 5 hours will be treated equally)
(2) Trading Starts Time：11:00am 2nd April, 2024 (UTC)
The Trading Pair: VSX/USDT
(3) Subscription Token: GT.
(4) Subscription Price: $0 GT（The GT pricing of this event is $10 USDT ）
(5)Subscription Share: 1 GT per share
(6) Subscription Total: 4000 GT
(7) Startup Total Supply: 242,425 VSX
(8) 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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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  .

**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
April 1st, 2024

Change & Chart Start-End Time

Rise/Fall Color

Pay With

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Versus-X (VSX) and Announcement of Free Distribution Rules( 242,425 VSX free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Versus-X (VSX) and Announcement of Free Distribution Rules( 242,425 VSX free of charge)

Select language and region

Select your region

Fiat Currencies