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SOMESING(SSG) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, SOMESING Exchange(SSX), on April 12th, 2022 at 04:00 AM(UTC).
Startup Link: https://www.gate.io/startup
Introduction to SOMESING Exchange(SSX)
SOMESING Token (SSX) is a digital currency used in the SOMESING app, the singing content platform. To make it easy for anyone to use the blockchain through SSX, the SOMESING app allows anyone to create content while singing free of charge and provides a transparent and fair reward for the content shared through the platform.
Launched in November 2019, SOMESING achieved over 1.2M downloads with 600K registered users and has recorded more than 13M TX since its migration to Klaytn. It also partnered with TikTok and Ditto Music in preparation for global expansion.
(The information below is provided by the SOMESING Exchange team. Please follow the website for more information)
Token Information
Token name: SOMESING Exchange
Token symbol: SSX
Max Supply: 5,000,000,000
Token Type: KIP7
Token Contract: 0xdcd62c57182e780e23d2313c4782709da85b9d6c
Token Distribution and Unlocking Rules:
*Ecosystem 25%
Distribute according to the activation of ecosystem
*Reserve 20%
Distribute according to the activation of ecosystem
*Partners 20%
Vesting over 3 years with 2 years cliff
*Token Sale 20%
Vesting over 2 years with 9 month cliff
*Team&advisor 15%
Vesting over 3 years with 2 years cliff
Website: https://somesing.io
Whitepaper: https://somesing.io/global/assets/file/SOMESING_whitepaper_ch.pdf
Token Information: https://scope.klaytn.com/account/0xdcd62c57182e780e23d2313c4782709da85b9d6c
SOMESING Exchange Startup Sale Rules
(1) Duration: 04:00 AM on April 12th - 04:00 AM on April 13th(UTC), 2022 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP1 and above.
(3) Price: $0; Market Price(Reference): $0.053; Startup Supply: 3,191,490 SSX
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the 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) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 04:00 AM on April 12th - 04:00 AM on April 13th(UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 04:00 AM on April 13th(UTC), 2022, 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.
(11) Trading starts time: 07:00 AM(UTC) on April 13th, 2022
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