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Orbcity(ORB) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, Klaycity (ORB), at 06:00 AM on March 20th (UTC), 2022.
Startup Link: https://www.gate.io/startup
Introduction to Klaycity (ORB)
KlayCity expands your virtual world by creating an ecosystem where users can own a part of their favourite cities around the world and earn $ORB. The community is invited to govern the world of KlayCity from the very start, allowing players to submit the most creative ideas to replenish and develop their land.
(The information below is provided by the Klaycity (ORB) team. Please follow their website for more information)
Token Information
Token name: ORB
Token symbol: ORB
Max Supply: 1,000,000,000 ORB
Token Type: KIP-7
Token Contract: 0x01ad62e0ff6dcaa72889fca155c7036c78ca1783
Token Distribution and Unlocking Rules:
*Seed: 8%
18 months linear vesting (per block)
*Private: 9.5%
12 months linear vesting (per block)
*IDO: 1%
100% TGE
*Marketing: 6%
2 years linear vesting
*LP Incentive: 4%
2 years linear vesting
*Play 2 Earn: 44%
Halving rewards every year, distributed evenly
*Ecosystem: 7%
1 year lock up, 2 years vesting
*Team:18.0%
1 year lock up, 4 years vesting
*Liquidity:1.0%
50% at TGE, 6 months lock
*Dev Fund:1.5%
1year Quaterly Vesting
Website: https://www.klaycity.com
Whitepaper: https://sns-sns.gitbook.io/klaycity/
Token Information:https://scope.klaytn.com/token/0x01ad62e0ff6dcaa72889fca155c7036c78ca1783?tabId=tokenTransfer
Klaycity Startup Sale Rules
(1) Duration: 06:00 AM on March 20th—06:00 AM on March 21st (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; Public Sale Price: $0.035; Startup Supply: 2,285,715 ORB
(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 06:00 AM on March 20th—06:00 AM on March 21st (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 06:00 AM(UTC) on March 21st, 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: 11:00 AM (UTC) on March 21st
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