EgonCoin(EGON) Startup Free Offering on Gate.io

About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.

This EgonCoin(EGON) 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/1548

Introduction to EgonCoin(EGON)

EgonCoin is an innovative blockchain platform utilizing the Elevated Proof of Stake (EPoS) consensus algorithm. It aims to revolutionize the cryptocurrency landscape by making digital currencies more accessible for everyday use in finance, gaming, and payment systems. EgonCoin's ecosystem features a variety of interconnected solutions, including a secure and efficient blockchain, a native cryptocurrency (EGON), and a range of decentralized applications (dApps). With a focus on enhanced security, scalability, and usability, EgonCoin is poised to drive widespread adoption of blockchain technology and decentralized finance, offering a seamless experience for both users and developers.

(The information below is provided by the EgonCoin(EGON) team. Please follow EgonCoin(EGON) for more information)

Token Information

1. Token Name: EgonCoin
2. Token Symbol: EGON
3. Max Supply：271.000.000
4. Token Type: Egon mainnet coin
5. Contract: https://egonscan.com
6. Token distribution ratio and unlocking rules:

EgonCoin operates on a deflationary model, incorporating dual on-chain burns from transaction fees and quarterly burns post Egon Exchange release. The token allocation strategy is meticulously designed, ensuring stakeholder benefits across various facets of our ecosystem.

Here's a breakdown of key token allocations that will be on vested distribution from 1 year to 5 years:

-Stake Reward Contract: 20%

-DEX Deployment: 1%

-Wrapped EgonSwap token: 19%

-Investors Allocation: 40%

-Exchange Listing: 4%

-Team Funds: 10%

-Marketing & Promotion: 1%

-Air Drop: 1%

-Advisors: 1%

-Research & Development: 2%

-User Engagements: 1%

-Initial Burn: 1.000.000 EGON (sent to Vitalik Buterin as the first official burn)

Website: https://egoncoin.com

WhitePaper ：https://egoncoin.com/wp-content/uploads/2023/09/EgonCoin-Whitepaper-v3.pdf

EgonCoin(EGON) Startup Sale Rules

(1) Duration: 06:00 AM 2nd June, 2024 - 06:00 AM 4th June, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)

(2) Trading Starts Time: 10:00 AM 4th June, 2024 (UTC)

Trading Pairs: EGON/USDT

(3) Users can only subscribe by using GT.

(4) Subscription Price: 0 GT

(5) Subscription Total: 6.250 GT

(6)Startup Total Suppl: 309.981 EGON

(7) Unlock rule: 100% Unlock

(8) Participation Requirement:

1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.

2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.

3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.

Participate in Startup now: https://www.gate.io/startup

(9) Announcement of results: After the end of the day's subscription, the system will count all eligible subscription orders.

Please Note: 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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