JPG(JPG) Startup Free Offering on Gate.io

This JPG Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.

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

Introduction to JPG

The $JPG token is an innovative Loyalty & Rewards program built on the Cardano blockchain. It’s designed to transform how loyalty and rewards systems operate in the web3 space. $JPG empowers users with greater control, transparency, and efficiency in their rewards, contrasting with traditional, rigid systems. The JPG foundation is deeply committed to providing a vibrant and inclusive ecosystem. Its primary goal is to enhance the Cardano NFT Ecosystem and specifically benefit the JPG Store marketplace, offering exciting prospects for both users and businesses.

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

Token Information
Token Name: JPG
Token Symbol: $JPG
Max Supply：1,000,000,000
Token Type: Cardano Native Asset
Contract:
https://cardanoscan.io/token/681b5d0383ac3b457e1bcc453223c90ccef26b234328f45fa10fd2764a5047

Token distribution ratio and unlocking rules:
Community Rewards(56%)：560,000,000 JPG (50,000,000 $JPG unlock at TGE)
Liquidity (14%): 140,000,000 JPG (100% unlock at TGE）
Foundation Treasury(25%): 250,000,000 JPG (10,000,000 $JPG unlock at TGE | 1% of total supply)
Investors/Contributors(5%): 50,000,000 (locked for the first year, and then vests over one year)

Website: https://www.jpg.foundation/ & http://jpg.store
WhitePaper ：https://docs.jpg.foundation/jpg-foundation/overview/introduction

JPG ($JPG) Startup Sale Rules

(1) Duration: 11:00 AM 12th Nov, 2023 - 11:00 AM 13th Nov, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 14:00 PM 13th Nov, 2023 (UTC)
Trading Pairs: JPG/USDT
(3) Price: 0 USDT
(4)Startup Supply : 1,098,901 JPG
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User receives will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share. The specific subscription rules can be found at https://www.gate.io/zh/article/31899 .
(8) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(9) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.