Credbull(CBL) Startup Free Offering on Gate.io

Other

Gate.io has launched the "Startup Project Free Airdrop Program" in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.

User's participation funds will not be deducted for Startup project Credbull(CBL) free airdrop.

1.How to Participate:

Step 1: Login to your Gate.io account(Complete KYC2 verification)

Step 2: Hold no less than 10 USD of spot asset

Step 3: Click "$0 Free to Claim"

2.Credbull(CBL) Startup Participation Rules

Duration: 6:00 AM 5th November, 2024 - 6:00 AM 7th November 2024 (UTC)(Orders placed by qualified users within the subscription period will be treated equally.)

Trading starts time: 10:00 AM 7th November, 2024 (UTC) (Trading pair: CBL/USDT)

Fundraising Goal: $25.000 USDT

Startup Supply: 833.333 CBL

Unlocking Rule: 100% Unlock

Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.

Startup Participation Rules:

(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8.000 shares. For specific information about available shares, please refer to: https://www.gate.io/help/guide/faq/25687/startup-faq

(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, 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.

(3) The user's VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.

(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.

Note: 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.

Learn more about the rules for available shares of different VIP levels: https://www.gate.io/help/guide/faq/25687/startup-faq

Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

3.Project Information (The information below is provided by the Credbull(CBL) team. Please follow the website for more information)

(1)Introduction：

Credbull is an innovative and fastest growing RWA project and the first onchain private credit fund platform offering Stable High Yield & Asset Liquidity. It democratizes access to the high performing $2.0 Trillion private credit lending market through its proprietary open architecture and gamified token activated app - inCredbull Earn - rewarding users with up-to 40%+ returns.

More details:

(2)Token name: Credbull

(3)Token symbol: CBL

(4)Max Supply: 1.000.000.000

(5)Token Type: Arbitrum

(6)Token Contract: https://arbiscan.io/token/0xD6b3d81868770083307840F513A3491960b95cb6

(7)Token Distribution and Unlocked Rules:

Private Sale 26% : 6 months Cliff, followed by a 24-month daily linear vesting

Public Sale 1.5%: 30% TGE unlocked, followed by a 6-month linear vesting

Community Growth & Incentive 31.5% : TGE unlock 15%, followed by a 60-month daily linear vesting

Treasury 20% : TGE unlock 10%, followed by a 60-month daily linear vesting

Liquidity 3%: 100% TGE unlock