Nimiq(NIM) Startup Free Offering on Gate.io

$0.001509

0.20%

Listing

This Nimiq (NIM) 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 Nimiq (NIM)

Nimiq is "Crypto for Humans": The world's first browser-centric blockchain payment protocol, maximizing usability and scalability without compromising on decentralization. NIM is a native token that runs on the Nimiq blockchain and is used as the payment coin of the Nimiq ecosystem. It's designed for fast, easy and low-cost online and point-of-sale payments as simple as PayPal, but with the permissionless and decentralized properties of a true cryptocurrency. With an open-source and free software suite of payment applications, NIM offers the tools to facilitate true peer-to-peer payments not only in e-commerce but also in brick-and-mortar stores with the lowest, installation-free barrier to entry in the industry.

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

Token Information
Token Name: Nimiq
Token Symbol: NIM
Max Supply：21,000,000,000
Token Type: Native Token
Contract: N/A

Token distribution ratio and unlocking rules:
Lockup periods started with the release of the Mainnet and Genesis block on April 14, 2018.
88% Mining Rewards
The vast majority, 88% of all tokens, come into existence as they are issued ( over ~100 years) as mining rewards by the protocol through Proof-of-Work.
5% Crowd-sale Contributors
100% unlocked at main-net launch
2.5% Nimiq Foundation
0% unlocked at main-net launch (10 year vesting period, 6 month cliffs)
2% ImpactX Foundation (Charity)
0% unlocked at main-net launch (10 year vesting period, 6 month cliffs)
1.5% Early Contributors
0% unlocked at main-net launch (6 month vesting)
1% Creators
0% unlocked at main-net launch (3 year vesting, 6 month cliffs)

Website: https://nimiq.com
WhitePaper ：https://nimiq.com/whitepaper

Nimiq (NIM) Startup Sale Rules

(1) Duration: 07:00am 3rd Nov, 2022 - 07:00am 4th Nov, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00am 4th Nov, 2022 (UTC)
Trading Pairs: NIM/USDT
(3) Price: 0 USDT
(4)Startup Supply : 76,093,849 NIM
(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 * 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.