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Gate.io Startup Free Offering: NFTY NETWORK(NFTY) and Announcement of Free Distr

Gateio2021-11-15 22:30:25

About Gate.io Startup Free Airdrop Program In order to rewardplatform users, Gate.io launched the "Startup Project Free AirdropProgram", and free airdrops for blockchain excellent projects are launchedin the Startup area from time to time. VIP and GT users can get a variety oftokens airdrop benefits.

This NFTY NETWORK(NFTY) Startup subscription is a free subscription, and will not deduct theusers' participation funds in the end of event.

Startup Link: https://www.gate.tv/startup

Introduction to NFTYNETWORK(NFTY)

NFTY is a cross-chain Web3 authenticationlayer used for subscription services, loyalty incentives, and accessmanagement. NFTY provides verifiable ownership for digital assets, and $NFTYholders benefit as owners of the ecosystem currency that makes NFTs, and otherdigital assets, useful by automating their use as provable keys to accessmetaverses, gated content, experiences, communities, and much more.

(The information below is providedby the NFTY NETWORK(NFTY) team. Please follow NFTY NETWORK(NFTY) for moreinformation

Token Information

Token name: NFTY NETWORK

Token symbol: NFTY

Max Supply1,456,240,353

Token Type: ERC-20

Contract: https://etherscan.io/token/0xE1D7C7a4596B038CEd2A84bF65B8647271C53208

Tokendistribution ratio and unlocking rules:

CyberFi IDO2.2% 4 months vesting with 25% monthly unlocks.

ApeSwap IAO3.93% 4 months vesting with 25% monthly unlocks.

GNANA IDO2.12% 4 months vesting with 25% monthly unlocks.

ApeSwap post launchliquidity2.74% 5 Monthsvesting with 20% monthly unlocks.

Liquidity (BSC)0.82% Unlocked

Liquidity (ETH)0.55% Unlocked

Team18.2% 1 Year Lock and then 5 Year (60months) Vesting

Ecosystem Rewards13.7% 3 Year (60months) Vesting

Advisors3% 3 Month Lock, then 3 Year (36months) Vesting

Foundation45.5% 1 Year Lock and then 5 Year (60months) Vesting

Post launch liquidityincentives0.52% Unlocked

Private Sale6.65% First 3 months 10%, then 3.88% a month for 18 months

Websitehttps://nftynetwork.io/ & https://nftylabs.org/

WhitePaper https://nftynetwork.io/whitepaper.pdf

NFTY NETWORK Startup Sale Rules

(1)Duration: 02:00am 16th Nov, 2021 - 10:00am 16thNov, 2021 (UTC)(Orders placed by qualifiedusers within these 8 hours will betreated equally.)

(2) Tradingstarts time: 12:00pm 16th Nov, 2021 (UTC)

Tradingpairs: NFTY/USDT, NFTY/ETH

(3) Price:0 USDT(Secondary Marketing Price: $$0.19)

(4)StartupSupply : 1,055,038 NFTY

(5) Users purchase using USDT.

(6) Unlockrule: 100% unlock.

(7) Toparticipate in Startup Sale, users will need to be VIP1 and above,can onlypurchase once with each KYC account.

(8) Purchase limit: The maximumsubscription limit for a single user is 1000 shares; the relationshipbetween the VIP level and the maximum subscription allocation is:

the maximum numberof subscriptions (not the final actual subion number) = the square of theVIP level multiplied by 10. For example:

VIP2 users can subscribe up to 2* 2 * 10 = 40 shares

VIP3 users can subscribe up to 3* 3 * 10 = 90 shares

(9) Usersneed to ensure that there is sufficient balance (exceeding the purchase value)in accounts for the purchase after placing the orders until we announce thesale result. An insufficient balance will result in the cancellation of thepurchase order.

(10) Wewill collect all the qualified orders and distribute the tokens according tothe ratio of the individual purchase orders to the purchase orders in total. The final result will be announced before trading starts.

Gate.io Labs Private Sale Participating Disclosure

Gate.io Labs has not participated in the NFTYNETWORK(NFTY) investment.

Attention

(1)Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina,Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia,Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia,Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand,Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America,Venezuela, Yemen, Zimbabwe.

For users from other countries,please check and make sure your participation in the token sale on Startupcomplies with local laws and regulations.

(2) Risk Warning:

- Theproject team does not guarantee that token price will not be lower than itsstartup sale price. Please invest with caution, and don't invest beyond yourfinancial capacity.

- Thestart-up project is still in its initial stage, factors including the operationand underlying technology of the project, and other related regulatoryactivities might contribute to significant risks.

- Advancedtechnical and financial knowledge is required to understand, and e valuate theinherent risks of crypto-asset investment.

- Themarket volatility is high, and the price of a token might fluctuate drasticallydue to technical, regulatory, and marketing factors.

- Users maynot be able to withdraw all the purchased tokens due to technical issues of theproject or Gate.io.

(3) Requirements for participants

- Theparticipant should register on Gate.io and Log in;

- Afterlogging in, complete user identity verification;

- Deposit acertain amount of cryptocurrencies in your gate.io account;

- Sign thePurchase Agreement on Startup before placing orders.

Gate will open an Automated MarketMaker (AMM ) for NFTY, and launch anAMM "liquidity-mining" rewards. Users who provide market liquidity byinserting liqudity in will get rewards from liquidity pool transaction fee andGT token rewards from liquidity reward pool. High annual rate rewards withsecure.

AMM Trading Market and AMM LiquidityMining

Gate.io has launched a new versionof the liquidity pool (centralized automatic market maker (AMM) transactionservice) on August 1st, 2021: allowing most of the new currency andnon-mainstream currency markets to obtain the same liquidity advantage as Uniswap,and allows users to enjoy the low-cost and high-quality user experience of thecentralized platform. Gate.io will continue to add different currencies, pleasepay close attention to follow-up announcements.

Therules for markets to upgrade to the Automated Market Maker (AMM) model are asfollows:

1) Fixed 0.3% commission fee for both Taker and Maker(temporarily consistent with Uniswap, subject to the needs of both marketparties)

2) A fixed percentage (such as50%) of the transaction fee will automatically be changed into GT through theopen market and put into the AMM Reward Pool.

3) Anyone can become a liquidityprovider (LP) and get the transaction fee rewards from the liquidity pool andthe GT rewards that are invested in the liquidity bonus pool.

4) Liquidity providers provideliquidity to the market, but they need to bear in mind the risk of impermanentlosses. For example, if the market price doubles, the impermanence loss isabout 7%, and if the market price drops back to the original point, theimpermanence loss disappears.

5) Liquidity providers can takebonus and withdraw at any time

Gate.io is aCryptocurrency Trading Platform Since 2013

Top ranking, Trustworthy,Transparent

Signup to enter the cryptogateway and get 40% commission from referrals

Download iOS/Android App right now.

Follow us on social

Twitter: https://twitter.com/gate_io

Telegramhttps://t.me/gateio

Instagramhttps://www.instagram.com/gateioglobal

Mediumhttps://medium.com/@gateio

Gate.io Team

Nov 15th, 2021


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