XDB Chain(XDB) Startup Free Offering on Gate.io

This DigitalBits (XDB) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

Introduction to DigitalBits(XDB)

DigitalBits is a layer-one blockchain protocol that prioritizes security, speed, and cost-savings. Any asset can be tokenized on the DigitalBits blockchain, including NFTs created by artists, sports organizations, and other global brands. By making micropayments efficient and cost-effective, DigitalBits provides the foundation for real-world mass adoption of blockchain technology and cryptocurrency.

(The information below is provided by the DigitalBits (XDB) team. Please follow DigitalBits (XDB) for more information）

Token Information
Token Name: DigitalBits
Token Symbol: XDB
Max Supply: 1,500,000,000
Token Type: ERC-20 type with the initial listing
The Mainnet (fork of Stellar) type of token will be soon in the near future
Contract: https://etherscan.io/address/0xb9eefc4b0d472a44be93970254df4f4016569d27
Token distribution ratio and unlocking rules:
In circulation: 63.87%
Future Strategic Partners: 19.33%, this depends on the signing of new partnerships, vesting in 24 months in 5 years
Future team members and ecosystem participants: 16.67%, this depends on the signing of new partnerships, vesting in 24 months in 5 years

Website: https://digitalbits.io/
Whitepaper: https://www.digitalbits.io/wp-content/uploads/2019/08/digitalbits_whitepaper_2_3.pdf

DigitalBits (XDB) Startup Program Rules

(1) Duration: 23:00 PM July 6th, 2022 - 23:00 PM July 7th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 02:00 AM July 8th, 2022 (UTC)
Trading pairs: XDB/USDT
(3) Price: 0 USDT(Secondary Market Price: $0.04)
(4)Startup Supply: 2,500,000 XDB
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold of minimum $500 USD worth of Spot Assets in balance, and will be offered the contribution share at 1/4 of VIP 1 users’ share;
For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution 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
(9) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(10) We will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced before trading starts.
(11) Gate.io confirms to support the Mainnet XDB token swap and trading of DigitalBits(XDB) before the end of August 2022, further details are to be announced in due course.

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