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Alvey Chain(WALV) Startup Free Offering on Gate.io
This Alvey Chain (WALV) 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 Alvey Chain (WALV)
Alvey Chain is a Layer 2 POA,POB,POS blockchain scaling to a speed of 200 000 TPS and the cost of transaction are 0.0000000001$.
Alvey Chain has his own ecosystem with Bridge between chains,DEX,Staking, Metaverse etc.
Last updates over the chain happened 2 weeks ago when we add it Galadriel v2.0 an A.I. who can updates the chain by himself and can verify the staking pools for the upcoming validators.
(The information below is provided by the Alvey Chain (WALV) team. Please follow Alvey Chain (WALV) for more information)
Token Information
Token Name: $WALV
Token Symbol: WALV
Max Supply:160 000 000
Token Type: bep-20
Contract:
https://bscscan.com/token/0x256d1fce1b1221e8398f65f9b36033ce50b2d497
Token distribution ratio:
12% CEX Listings : Funds are locked and used for further listings
3% Bridge : Funds are locked into the Bridge
10% Metaverse: Funds are locked and gradually 2% unlock every month
5% VR Exchange: Funds are locked into the liquidity pool
19% Reserve: Funds are locked. We unlock the fuds to add more to staking pools or to burn
3% Team: Funds are locked and we unlock every month 0.05% to pay the team
29% Staking: Funds are locked into the staking contracts to provide a good APR to our platform
19% Market Makers: Funds are on our CEX’s where market makers are trading.
Website: https://www.alveychain.com/
WhitePaper :https://www.alveychain.com/documents/Alvey-Chain-White-Paper-V1.1-1.pdf
Alvey Chain (WALV) Startup Sale Rules
(1) Duration: 3:00am 14th Feb, 2023 - 3:00am 15th Feb, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 6:00am 15th Feb, 2023 (UTC)
Trading Pairs: WALV/USDT
(3) Price: 0 USDT
(4)Startup Supply : 980,002 WALV
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
The higher the VIP tier, the more shares.
For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 x 2 x 10 = 40 shares
VIP3 users can subscribe up to 3 x 3 x 10 = 90 shares
(9) 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.
(10) 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. The final result will be announced before trading starts.
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