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Majo(MAJO) Startup Free Offering on Gate.io
About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
Startup Link: https://www.gate.io/startup
Introduction to $majo(MAJO)
BRC-20 DAO is the first DAO In the ordinals ecosystem.It’s also an open venture grant community supporting the Ordinals ecosystem. Currently, it has products such as Dashboard and Launchpad, and in the future it will expand to BTC L2 public chain.
(The information below is provided by the MAJO team. Please follow the website for more information)
Token Information
Token Name: majo
Token Symbol: MAJO
Max Supply:21,000,000
Token Type: BRC 20
Token Info: https://unisat.io/brc20/Majo
Token distribution ratio and unlocking rules:
Airdrop : 50%, 100% released in TGE
WL Mint : 21%, 100% released in TGE
DAO Treasury : 18%, 6 months cliff, then 12 months linear vesting
Marketing : 6%, 6 months cliff, then 12 months linear vesting
Technical Contributor: 5%, 6 months cliff, then 12 months linear vesting
Website: https://www.brcdao.xyz/
WhitePaper:
https://medium.com/brcdao/brc-20-dao-92f1fa483f1f
$majo(MAJO) Startup Sale Rules
(1) Duration: 2:00 AM on May 23rd - 2:00 AM on May 24th (UTC), 2023
(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0; Startup Supply: 444,444 MAJO
(4) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
(5) Unlocking Rule: Unlock
(6)Users can place orders from 2:00 AM on May 23rd- 2:00 AM on May 24th (UTC), 2023. Orders placed by qualified users within these 24 hours will be treated equally.
(7) 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.
(8) Each type of currency can only be purchased once with each KYC account.
(9) 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.
(10) Trading starts time: TBA
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