PaLM AI(PALM) Startup Free Offering on Gate.io

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

Introduction to PaLM AI (PALM) :

$PALM: Multi-platform PaLM AI chatbot uses Google’s AI tech for conversations, coding, and image generation, focusing on accessible AI and revenue sharing 🌴

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

Token Information

Token Name: PaLM AI

Token Symbol: PALM

Max Supply：100.000.000

Token Type: ERC-20

Contract:

https://etherscan.io/token/0xf1df7305e4bab3885cab5b1e4dfc338452a67891

Token distribution ratio and unlocking rules:

Total Supply: The total number of $PALM tokens is 100 million

Current circulating supply: 77.5 million

Burnt Tokens: 22.5%, of which 20% (20 million) of the total supply was burned at launch and the additional 2.5% (2 500 000) has been burned since.

Website:https://palmai.tech

WhitePaper: https://palmai.tech/whitepaper

PaLM AI (PALM) Startup Sale Rules

(1) Duration: 04:00 am 18th March, 2024 - 04:00 am 19th March, 2024 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)

(2) Trading Starts Time: 08:00 am 19th March, 2024 (UTC)

Trading Pairs: PALM/USDT

(3) Price: 0 USDT

(4)Startup Supply : 48.611 PALM

(5) Unlock rule: 100% unlock.

(6) Startup Participation Rules:

Each user can only purchase once with a KYC account.

a) Startup Participation Rules for VIP Users:

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 received will be determined based on the actual VIP Level at the time of token distribution.

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

The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.

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/article/31899.

(7) 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.

(8) 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.

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