Work X(WORK) Startup Free Offering on Gate.io

$0.1097

6.92%

Other

This Work X (WORK) 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 Work X

The first fully decentralized job economy without commercial middlemen taking fees up to 30-40%. Work X offers a dynamic cost-covering fee model that can scale down in costs due to learning effects & economies of scale & scope. Intermediaries play an important role to the economy by removing friction (bringing supply & demand of work together).

(The information below is provided by the Work X team. Please follow Work X for more information）

Token Information
Token Name: Work X
Token Symbol: WORK
Max Supply：100,000,000
Token Type: BEP-20 & ERC-20
Contract:
BEP-20: 0x8888888837F84a7A82668E0320AC454f5945d0b9
ERC-20: 0x8888888837F84a7A82668E0320AC454f5945d0b9

Token distribution ratio and unlocking rules:
Seed Round: 22.27%, linearly vest over 18 months.
Private A: 6.39%, linearly vest over 12 months.
Private B: 1.1%, 10% unlock on TGE and then linearly vest over 9 months.
Public Sale: 3.75%, 15% unlock on TGE and then linearly vest over 4 months.
Liquidity: 12.5%, 20% unlock on TGE and then linearly vest over 24 months.
DAO Treasury: 12%, linearly vest over 60 months.
Platform Incentives: 9.5%, linearly vest over 60 months.
Ecosystem: 15%, linearly vest over 60 months.
Team: 10%, linearly vest over 24 months.
Advisory Board: 2.5%, linearly vest over 24 months.
Strategic: 5%, linearly vest over 12 months.

Website: https://www.work-x.io/
WhitePaper ： https://content.workx.io/whitepaper/Work+X+Whitepaper+V8.pdf

Work X (WORK) Startup Sale Rules

(1) Duration: 21:00pm 27th January, 2024 - 21:00pm 29th January, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: 01:00am 30th January, 2024 (UTC)
Trading Pairs: WORK/USDT
(3) Price: 0 USDT
(4)Startup Supply : 92,486 WORK
(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:
1.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.
2.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.