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Gate.io Startup Initial Offering: NIFTIFY(NIFT)-Announcements-Gate.io</title>

Gateio2021-11-17 18:18:21

Gate.io has launched Startup, a platform that aims to provide userswith access to innovative and advanced projects. Traders now have moreopportunities to make an initial investment.

StartupLink: https://www.gate.tv/startup

Introduction toNIFTIFY(NIFT)

Niftify™ is on a mission to become a market leader by focusing on asimple user experience and strong community of NFT enthusiasts: creators,traders, gamers, collectors, and enterprises looking to power their ownmarketplace. Built on the Ethereum and Polygon blockchains at the core of ouroperations, Niftify™ ensures transparency, immutability, low transaction costs,and maximum security.

Niftify™ features an all-inclusiveplatform, powering all current NFT transactions and developing the nextgeneration NFTs: NFT+. Evolving NFTs from a crypto-forward collector audienceto real-life utility evolution of NFTs. A world where anyone, anywhere, cansell, buy and trade physical and digital assets as NFTs. An ecosystem that paysutmost attention to authenticity with relevant frameworks for proof ofownership and smart tracking.

(The information below isprovided by the NIFTIFY(NIFT) team. Please follow NIFTIFY(NIFT) for more information


Token Information

Token name: NIFTIFY

Tokensymbol: NIFT

Max Supply200,000,000

Token Type: ERC20

Contract: 0x4a1d542b52a95ad01ddc70c2e7df0c7bbaadc56f

Tokendistribution ratio and unlocking rules:

Early BackersSubtotal 21,95%

IEO0.38%

Team 18.00%

24 months locked; Then, unlocked 5% per monthfor 20 months

Advisors4.00%

5% unlocked upon listing; Then, after 1 month, 5% per month for 19months

Foundation (Treasury)23.00%

12 months locked. Then unlocked 5% per month for 20 months

Community Rewards22.67%

1 month cliff, then 5% unlocked per month for 20 months

Liquidity Provision 5.00%

20% unlocked at listing, then 5% per month for 16 months

Ecosystem 5.00% 6 months locked. Then unlocked 100%

Website: https://www.niftify.io/

WhitePaper https://www.niftify.io/whitepaper


NIFTIFY Startup Sale Rules

(1)Duration: 12:00pm 17th Nov, 2021 - 09:00am 18thNov, 2021 (UTC)(Orders placed by qualifiedusers within these 21 hours will betreated equally.)

(2) Tradingstarts time: 12:00pm 18th Nov, 2021 (UTC)

Tradingpairs: USDT/NIFT

(3) Price: $0.35 USDT

(4)StartupSupply : 571,429 NIFT

(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 participated in the NIFTIFY(NIFT) 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 NIFT, 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 asUniswap, and allows users to enjoy the low-cost and high-quality userexperience of the centralized platform. Gate.io will continue to add differentcurrencies, please pay 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, the impermanenceloss disappears.

5) Liquidity providers can takebonus and withdraw at any time

Gate.io is a Cryptocurrency Trading Platform Since 2013

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Follow us on social

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Instagramhttps://www.instagram.com/gateioglobal

Mediumhttps://medium.com/@gateio

Gate.io Team

May 25th, 2021


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