The Root Network(ROOT) Startup Free Offering on Gate.io

This Root Network(ROOT) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.​​

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

Introduction to The Root Network(ROOT)

The Root Network is a new Layer 1 which is designed as the hub of the open metaverse where anything can be connected to anything.
The Root Network is purpose-built for the open metaverse with core, UX and digital content focused protocols to enable seamless user experience and enhanced asset interoperability across the open metaverse.
The Root Network prioritizes user experience and safety with built in account abstraction and features like its token any gas economy enabling some of the world’s largest content brands to onboard users seamlessly and safely.
The Root Network is EVM compatible built on Substrate integrated to XRPL and ETH with other networks on the horizon allowing content and accounts on those networks to access deeper functionality and more interoperability in the open metaverse.

(The information below is provided by The Root Network(ROOT) team. Please follow The Root Network(ROOT) for more information）

Token Information
Token Name: The Root Network
Token Symbol: ROOT
Max Supply：12,000,000,000
Token Type: Mainnet
Mainnet explorer：https://explorer.rootnet.live

Token distribution ratio and unlocking rules:
Community Rewards - 20%, 200 weeks structured rollout (slow distribution via monthly quests).
Land Mechanics – 20%, 200 weeks vesting (no initial distribution until mid 2024).
Ecosystem Development Fund – 10%, distribution over 200 weeks.
Block Reward Bootstrap - 10%, ​​spread over 260 weeks.
CENNZ Burn to Mine - 10%, 50-weeks (participation based over time).
Futureverse – 15%, 200 weeks (100 weeks locked, 100 weeks vesting).
Liquidity providers - 5%, available on initial CEX listing.
DAO treasury 5%, 50 weeks locked, then fully vested. Controlled by the DAO.
Advisors - 5%, 200 weeks (100 weeks locked, 100 weeks vesting)

Website: https://www.therootnetwork.com/ and https://www.futureverse.com/
WhitePaper：https://www.futureverse.com/research?index=whitepaper

The Root Network(ROOT) Startup Sale Rules

(1) Duration: 04:00 AM November 20th, 2023 - 04:00 AM November 21st, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00 AM November 21st, 2023 UTC.
Trading Pairs: ROOT/USDT
(3) Price: 0 USDT
(4)Startup Supply: 5,000,000 ROOT
(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
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.