MeMusic(MMT) Startup Free Offering on Gate.io

This MeMusic(MMT) 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 MeMusic(MMT)

Backed by Filecoin, MeMusic aims to reshape the value flow in the audio industry. Through an ecosystem of services designed to benefit the labels, creators and listeners, MeMusic focuses on providing additional value for all the players of the industry without any exclusion or entry of barrier. MeMusic accomplishes this goal by building AudioFi. AudioFi is allowing creators and users to earn through ListenToEarn and StreamToEarn, while providing companies with the benefit of adding additional revenue streams through models such as label tokens or copyright fractionalization.

(The information below is provided by the MeMusic(MMT) team. Please follow MeMusic(MMT) for more information）

Token Information
Token Name: MeMusic
Token Symbol: MMT
Max Supply：1,000,000,000
Token Type: BEP-20
Contract:
https://bscscan.com/address/0xB34966A2A66cb116ebe87b9554c020DcC950E917#code
Token distribution ratio and unlocking rules:
Seed Round Sale: 8.0%, 80,000,000 MMT, TGE unlock 5%, 4 months Cliff, 18 months vesting.
Private Round Sale: 15.0%, 150,000,000 MMT, TGE unlock 7%, 4 months Cliff, 12 months vesting.
Public Round Sale: 2.75%, 27,500,000 MMT, TGE unlock 15%, 6 months vesting.
Liquidity: 5.00%, 50,000,000 MMT, TGE unlock 40%, 3 months vesting.
Team: 9.25%, 92,500,000 MMT, 24 months Cliff, 24 months vesting.
Advisors: 5.00%, 50,000,000 MMT, 12 months Cliff, 12 months vesting.
Node Mining: 40.00%, 400,000,000 MMT, 36 months vesting.
Marketing: 15.00%, 150,000,000 MMT, 12 months vesting.

Website: https://memusic.io
WhitePaper：https://www.memusic.io/documents/deck_v3.1.0.pdf

MeMusic(MMT) Startup Sale Rules

(1) Duration: 07:00 AM February 14th, 2024 - 07:00 AM February 16th, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: 11:00 AM February 16th, 2024 UTC
Trading Pairs: MMT/USDT
(3) Price: 0 USDT
(4)Startup Supply: 2,000,000 MMT
(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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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.

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