Announcements Gate.io Startup Initial Free Offering: zkLink(ZKL) and Announcement of Free Distribution Rules ( 200,000 ZKL free of charge)

Gate.io Startup Initial Free Offering: zkLink(ZKL) and Announcement of Free Distribution Rules ( 200,000 ZKL free of charge)

2024-07-18 09:27:54 UTC 11968 Read

ZKL/USDT + 3.24%

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Gate.io has launched the “Startup Project Free Airdrop Program” in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.
User’s participation funds will not be deducted for Startup project zkLink (ZKL) free airdrop.

1.How to Participate:
Step 1: Login to your Gate.io account(Complete KYC2 verification)
Step 2: Hold no less than 10 USD of spot asset
Step 3: Click “$0 Free to Claim”

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1692" 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>

2.zkLink (ZKL) Startup Participation Rules
Duration: 08:00 AM on July 20th - 08:00 AM on July 22nd (UTC), 2024 (Orders placed by qualified users within these 48 hours will be treated equally.)
Trading starts time: 12:00 PM on July 22nd (UTC), 2024 (Trading pair: ZKL/USDT)
Fundraising Goal: $30,000 USDT
Startup Supply: 200,000 ZKL
Unlocking Rule: 100% Unlock
Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.
Startup Participation Rules:
(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8,000 shares. For specific information about available shares, please refer to: https://www.gate.io/announcements/article/37836
(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, 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.
(3) The user’s VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.
(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.
Note: 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.
Learn more about the rules for available shares of different VIP levels: https://www.gate.io/announcements/article/37836
Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

3.Project Information (The information below is provided by the zkLink(ZKL) team. Please follow the website for more information）
(1)Introduction：
zkLink aggregates and unifies liquidity across Layer 2 rollups and Layer 1 blockchains. zkLink offers two core solutions: zkLink Nova and zkLink X, using zero-knowledge technology to unify liquidity access across connected blockchains and rollups.
zkLink Nova is a Layer-3 network that integrates assets, liquidity, and dApps from Ethereum L2s into a single, secure, and efficient EVM-compatible platform.
zkLink X is an application-specific scaling engine for multi-chain App-Rollup deployment, liquidity aggregation, and improved performance across various blockchain networks, including both L1s and L2s.

More details:
(2)Token name: zkLink
(3)Token symbol: ZKL
(4)Max Supply: 1,000,000,000 ZKL
(5)Token Type: ERC-20, zkLink Nova
(6)Token Contract: https://etherscan.io/token/0xfc385a1df85660a7e041423db512f779070fcede  
https://explorer.zklink.io/address/0xC967dabf591B1f4B86CFc74996EAD065867aF19E
(7)Token Distribution and Unlocked Rules:

*Community Rewards: 10% 
TGE:50%, 50% for future rewards

*Community Treasury Reserve: 15.875%
TBD by DAO governance on a case by case basis

*Community Dev Incentive & Bug Bounty: 4%
TGE:30%, linear vesting over 12 Months

*Liquidity Reserve: 4%
TGE:50%, linear vesting over 12 Months

*Ecosystem Development: 22.5%
TGE:20%, linear vesting over 24 Months

*Founding Team & Advisors: 20%
6 Months cliff, linear vesting over 36 Months

*Pre-Seed Round Purchasers: 8%
5 Months cliff, linear vesting over 27 Months

*Seed Round Purchasers: 7.8%
4 Months cliff, linear vesting over 27 Months

*Private Round Purchasers: 4.7%
3 Months cliff, linear vesting over 27 Months

*CoinList Sale: 3.125%
TGE:30%, linear vesting over 9 Months

For more details, please refer to: https://zk.link/
(8)Website: https://zk.link/
(9)Whitepaper: https://zk.link/zkLink-whitepaper.pdf

4.Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not invested in zkLink(ZKL)

5.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 "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.

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Gate.io Team
July 18th, 2024

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Gate.io Startup Initial Free Offering: zkLink(ZKL) and Announcement of Free Distribution Rules ( 200,000 ZKL free of charge)

Gate.io Startup Initial Free Offering: zkLink(ZKL) and Announcement of Free Distribution Rules ( 200,000 ZKL free of charge)

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