Apollo Name Service(ANS) Startup Free Offering on Gate.io

Gate.io has launched the "Startup Project Free Airdrop Program" in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.

User's participation funds will not be deducted for Startup project Apollo Name Service (ANS) free airdrop.

1.How to Participate:

Step 1: Login to your Gate.io account(Complete KYC2 verification)

Step 2: Hold no less than 10 USD of spot asset

Step 3: Click "$0 Free to Claim"

2.Apollo Name Service (ANS) Startup Participation Rules

Duration: 04:00 AM on September 2nd - 00:00 AM on September 3rd (UTC), 2024 (Orders placed by qualified users within the subscription period will be treated equally.)

Trading starts time: 03:00 AM on September 3rd (UTC), 2024 (Trading pair: ANS/USDT)

Fundraising Goal: $120.000 USDT

Startup Supply: 1.200.000 ANS

Unlocking Rule: 100% Unlock

Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.

Startup Participation Rules:

(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8.000 shares. For specific information about available shares, please refer to: https://www.gate.io/announcements/article/37836

(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, 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.

(3) The user's VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.

(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.

Note: 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.

Learn more about the rules for available shares of different VIP levels: https://www.gate.io/announcements/article/37836

Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

3.Project Information (The information below is provided by the Apollo Name Service (ANS) team. Please follow the website for more information)

(1)Introduction：

Apollo Name Service, known as Star Protocol, is one of the largest social applications on LayerZero, ANS offers a universal, omnichain naming service supporting over 40 blockchains and currently serves approximately 500.000 users. ANS is at the forefront of integrating DePIN and AI, addressing the growing need for decentralized identifiers (DIDs) for billions of connected devices worldwide. With an estimated 30 billion connected devices globally, ANS aims to provide a scalable, omnichain DID solution for every device and individual, enabling seamless identity services across diverse networks based on LayerZero.

(2)Token name: Apollo Name Service

(3)Token symbol: ANS

(4)Max Supply: 1.000.000.000 ANS

(5)Token Type: BASE

(6)Token Contract:

https://basescan.org/token/0xa8C2E771288585229eEa8DBe072EDfA7bcB388bb

(7)Token Distribution and Unlocked Rules:

Team: 5%

Locked for 12 months, then linearly released over 24 months

Investor: 18%

Locked for 6 months, then linearly released over 12 months.

Partners: 21%

Locked for 6 months, then linearly released over 24 months..

Marketing: 16%

TGE: 2.1%, the remaining tokens will be linearly released over 18 months.

Ecosystem: 20%

TGE: 1.65%, locked for 3 months, then released over 24 months.

Foundation: 12%

Locked for 12 months, then linearly released over 24 months.

Incentive Pool & Liquidity: 8%

TGE: 8.5%, locked for 3 months, then linearly released over 12 months.

(8)Website:https://star.co

(9)Whitepaper: https://docsend.com/view/64whadg6x3wpwmer

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