trac(TRAC) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, $trac (TRAC), on May 11th, 2023 at 11:00 AM (UTC).

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

Introduction to $trac (TRAC)

Trac is an infrastructure project within Ordinals that aims to provide a decentralized system for tracking and accessing Ordinals-related metaprotocols, such as BRC20, sats domains, and more. The decentralized system will offer incentives to secure the tracking network and enable voting on new and updated protocols, as well as general governance.

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

Token Information
Token Name: TRAC
Token Symbol: TRAC
Max Supply：21,000,000
Token Type: BRC 20
Token Info: https://unisat.io/brc20/trac
Token Distribution and Unlocked Rules:
100% Fair distribution.
Fully liquid, no set-aside, no lock-up.

Website: https://rarity.garden
Whitepaper: in progress

$trac (TRAC) Startup Sale Rules

(1) Duration: 11:00 AM UTC on May 11th - 00:00 AM UTC on May 12th (Orders placed by qualified users within these 13 hours will be treated equally).
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0; Startup Supply: 102,005 TRAC
(4) Purchase limit: The maximum subscription limit is 510 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892
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.
(5) Unlocking Rule: Unlock
(6) Users can place orders from 11:00 AM UTC on May 11th - 00:00 AM UTC on May 12th, 2023. Orders placed by qualified users within these 13 hours will be treated equally.
(7) 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.
(8) Each type of currency can only be purchased once with each KYC account.
(9) After 13:00 PM UTC on May 11th, 2023, 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.
(10) Trading starts time: 03:00 AM UTC on May 12th, 2023