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Galatasaray Fan Token(GAL) Startup Free Offering on Gate.io
This Galatasaray Fan Token (GAL) 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 Galatasaray Fan Token (GAL)
The Galatasaray Fan Token (GAL) is a utility token that gives Galatasaray fans a tokenized share of influence on club decisions using the Socios application and services. The token serves as a membership key that allows users to compete for exclusive rewards, club recognition, and more.
(The information below is provided by the Galatasaray Fan Token (GAL) team. Please follow Galatasaray Fan Token (GAL) for more information)
Token Information
Token name: Galatasaray Fan Token
Token symbol:GAL
Max Supply:9,975,000
Token Type: Chiliz Chain
Contract: https://explorer.chiliz.com/tokens/0x73F309e94D836bAb473B1EBc0103a3DCd7DAeaa9/token-transfers
Token distribution ratio and unlocking rules:
The GAL tokens held by Galatasaray has a monthly linear vesting schedule of 8 years, of which 1,250,000 GAL tokens are released per year, starting from July 2020.
Website: https://fantoken.com/gal/
WhitePaper :https://fantoken.com/gal/
Galatasaray Fan Token (GAL) Startup Sale Rules
(1) Duration: 11:00AM 28th March, 2022 - 11:00AM 29th March, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 13:30 29th March, 2022 (UTC)
Trading pairs: GAL/USDT
(3) Price: 0 USDT(Secondary Market Price: $3.2)
(4)Startup Supply :31,250 GAL
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each 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 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 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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