Gate.io Startup Free Offering: ConstitutionDAO(PEOPLE) and Announcement of Free

About Gate.ioStartup Free Airdrop Program In order to reward platform users, Gate.iolaunched the "Startup Project Free Airdrop Program". Free airdropsfor excellent blockchain projects are launched in the Startup area from time totime. VIP and GT users can get a variety of tokens via airdrop benefits.

Gate.ioStartup will launch its next project, ConstitutionDAO(PEOPLE), on Nov 27th,2021 at 02:00 AM(UTC).

Startup Link: https://www.gate.io/en/startup

Introduction to ConstitutionDAO(PEOPLE)

ConsitutionDAO'sgoal was to win an auction for a rare copy of the US Constitution at Sothby's,and called to the crypto world for contributions. Constitution DAO quicklyattracted 17437 contributors, and raised over 47 million dollars. PEOPLE is thetoken that ConstitutionDAO gave to its contributors, and has become acommunity-owned token after it has failed to win the auction.

(The information below is providedby the ConstitutionDAO team. Please follow website for more information）

Token Information

Token name: ConstitutionDAO

Token symbol: PEOPLE

Max Supply: 5,206,103,000 PEOPLE

Token Type: ERC20

Token Contract: 0x7A58c0Be72BE218B41C608b7Fe7C5bB630736C71

Token Distribution and UnlockingRules: N/A

Website: https://www.constitutiondao.com/

Whitepaper: N/A

Token Information: https://etherscan.io/token/0x7A58c0Be72BE218B41C608b7Fe7C5bB630736C71

ConstitutionDAO Startup Sale Rules

(1)Duration: 02:00 AM-08:00 AM(UTC), Nov 27th, 2021 (Orders placed byqualified users within these 6 hours will be treated equally.)

(2) Toparticipate in the Startup Sale, users will need to be VIP1 and above.

(3) Price:$0; Market Price(Reference): $0.04926711; Startup Supply: 1,252,480PEOPLE

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

the maximum number of subscriptions (not the final actual subscription number)= the square of the VIP 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

(5) UnlockingRule: Unlock

(6) Usersplace orders using USDT.

(7) Users canplace orders from 02:00 AM-08:00 AM(UTC), Nov 27th, 2021. Orders placed byqualified users within these 6 hours will be treated equally.

(8) 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.

(9) Each typeof currency can only be purchased once with each KYC account.

(10) After08:00 AM(UTC), we will collect all the qualified orders and distribute thetokens according to the ratio of the individual purchase orders to the purchaseorders in total.

(11) Tradingstarts time: 10:00 AM(UTC), Nov 27th, 2021

Gate.ioLabs Investment Participating Disclosure

Gate.io Labs didn't invest in ConstitutionDAO

Attention

(1) Countriesnot 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 usersfrom other countries, please check and make sure your participation in thetoken sale on Startup complies with local laws and regulations.

(2) RiskWarning:

- The projectteam does not guarantee that the token price will not be lower than its startupsale price. Please invest with caution, and don't invest beyond your financialcapacity.

- 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 evaluate theinherent risks of crypto-asset investment.

- The marketvolatility is high, and the price of a token might fluctuate drastically due totechnical, 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 PEOPLE, and launch an AMM "liquidity-mining"rewards. Users who provide market liquidity by inserting liquidity in will getrewards from the liquidity pool transaction fee and GT token rewards from theliquidity reward pool. High annual rate rewards with security.

AMM Trading Market and AMM LiquidityMining

Gate.io has launched a new versionof the liquidity pool (centralized automated 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.

The rules formarkets to upgrade to the Automated Market Maker (AMM) model are as follows:

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

2) A fixedpercentage (such as 50%) of the transaction fee will automatically be changedinto GT through the open market and put into the AMM Reward Pool.

3) Anyone canbecome a liquidity provider (LP) and get the transaction fee rewards from theliquidity pool and the GT rewards that are invested in the liquidity bonus pool.

4) Liquidityproviders provide liquidity to the market, but they need to bear in mind therisk of impermanent losses. For example, if the market price doubles, theimpermanence loss is about 7%, and if the market price drops back to theoriginal point, the impermanence loss disappears.

5) Liquidityproviders can take bonus and withdraw at any time

Gate.io is aCryptocurrency Trading Platform Since 2013

Top ranking,Trustworthy, Transparent

Sign up to enter the crypto gateway and get 40% commissionfrom referrals

Download iOS/Android App right now.

Follow us onsocial media

Twitter: https://twitter.com/gate_io

Telegram：https://t.me/gateio

Instagram：https://www.instagram.com/gateioglobal

Medium：https://medium.com/@gateio

Gate.io Team

November 26th, 2021