Snek(SNEK) Startup Free Offering on Gate.io

This Snek (SNEK) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

Introduction to Snek (SNEK)

SNEK is a cultural crypto movement and icon in the web3 world, representing fun, and innovation. As the largest token on Cardano, it unifies the ecosystem, brings excitement to its community and plays a leading role in making the crypto space accessible. With its roots in internet culture, SNEK serves as a vital bridge for web3 onboarding. The project aims to establish itself as one of the top meme-based cryptocurrencies by leveraging the popularity of meme coins like Bonk, Pepe, Shiba Inu, and Dogecoin. SNEK strives to become a leading currency for meme creators worldwide.

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

Token Information
Token Name: Snek
Token Symbol: SNEK
Max Supply：76,715,880,000
Token Type: Cardano
Contract:
https://cardanoscan.io/tokenPolicy/279c909f348e533da5808898f87f9a14bb2c3dfbbacccd631d927a3f

Token distribution ratio and unlocking rules:
Presale holders - 50%
Participants in the presale shared 50% of the token supply proportionate to the amount of ADA they provided. Presale took place from 2023-04-27 11pm EST to 2023-04-28 5am EST and was open to the public with no prior qualifications.
Initial liquidity - 40%
DEX initial tokens deposit along with all the presale proceeds. LP tokens will be sent to a multisig wallet for safety.
Airdrops - 2%
Memes, contests, community events, etc. 1% was distributed within the first month.
Utility - 5%
Farming, small partnerships, project developments, innovations.
Reserved - 3%
CEX listing requirements, expansion opportunities, large partnerships, miscellaneous.

Website: https://www.snek.com/
WhitePaper：N/A

Snek (SNEK) Startup Sale Rules

(1) Duration: 04:00 AM Dec 26th, 2023 - 04:00 AM Dec 27th, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 08:00 AM Dec 27th, 2023 (UTC)
Trading Pairs: SNEK/USDT
(3) Price: 0 USDT
(4)Startup Supply : 10,000,000 SNEK
(5) Users purchase using USDT
(6) Unlock rule: 100% unlock.
(7) 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 receives 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.
(8) 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.
(9) 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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