Announcements GT Holder-Exclusive Airdrop: Gate.io Startup Free Offering: EgonCoin (EGON) and Announcement of Free Distribution Rules(309,981 EGON free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Free Offering: EgonCoin (EGON) and Announcement of Free Distribution Rules(309,981 EGON free of charge)

2024-05-30 03:53:25 UTC 17576 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 EgonCoin(EGON) 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/1548

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1548" 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 EgonCoin(EGON) 
EgonCoin is an innovative blockchain platform utilizing the Elevated Proof of Stake (EPoS) consensus algorithm. It aims to revolutionize the cryptocurrency landscape by making digital currencies more accessible for everyday use in finance, gaming, and payment systems. EgonCoin's ecosystem features a variety of interconnected solutions, including a secure and efficient blockchain, a native cryptocurrency (EGON), and a range of decentralized applications (dApps). With a focus on enhanced security, scalability, and usability, EgonCoin is poised to drive widespread adoption of blockchain technology and decentralized finance, offering a seamless experience for both users and developers.
 
(The information below is provided by the EgonCoin(EGON) team. Please follow EgonCoin(EGON) for more information）
 
Token Information
Token Name: EgonCoin
Token Symbol: EGON
Max Supply：271,000,000
Token Type: Egon mainnet coin
Contract:
https://egonscan.com
Token distribution ratio and unlocking rules: 
EgonCoin operates on a deflationary model, incorporating dual on-chain burns from transaction fees and quarterly burns post Egon Exchange release. The token allocation strategy is meticulously designed, ensuring stakeholder benefits across various facets of our ecosystem.

Here's a breakdown of key token allocations that will be on vested distribution from 1 year to 5 years:
-Stake Reward Contract: 20%
-DEX Deployment: 1%
-Wrapped EgonSwap token: 19%
-Investors Allocation: 40%
-Exchange Listing: 4%
-Team Funds: 10%
-Marketing & Promotion: 1%
-Air Drop: 1%
-Advisors: 1%
-Research & Development: 2%
-User Engagements: 1%
-Initial Burn: 1,000,000 EGON (sent to Vitalik Buterin as the first official burn)

Website: https://egoncoin.com
WhitePaper ：https://egoncoin.com/wp-content/uploads/2023/09/EgonCoin-Whitepaper-v3.pdf

EgonCoin(EGON) Startup Sale Rules
(1) Duration: 06:00 AM 2nd June, 2024 - 06:00 AM 4th June, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: 10:00 AM 4th June, 2024 (UTC)
Trading Pairs: EGON/USDT
(3) Users can only subscribe by using GT.
(4) Subscription Price: 0 GT 
(5) Subscription Total: 6,250 GT
(6)Startup Total Suppl: 309,981 EGON
(7) Unlock rule: 100% Unlock
(8) Participation Requirement:
1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.
2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.
3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.
Participate in Startup now: https://www.gate.io/startup
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: 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.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your GT holding is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Other rules remain unchanged, please refer to: https://www.gate.io/article/36145
2.New rules take effect from 00:00AM April 25th, 2024 (UTC+0). The Web version has been updated and please update your App to the latest version (6.2.0).
3.GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain. Hold GT and claim exclusive free airdrops now: https://www.gate.io/trade/GT_USDT
4.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6.Gate.io reserves all rights to the final explanation.
7.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs hasn't participated in the EgonCoin(EGON) 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
May 30th, 2024

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GT Holder-Exclusive Airdrop: Gate.io Startup Free Offering: EgonCoin (EGON) and Announcement of Free Distribution Rules(309,981 EGON free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Free Offering: EgonCoin (EGON) and Announcement of Free Distribution Rules(309,981 EGON free of charge)

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