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ECOx(ECOX) Startup Free Offering on Gate.io
This ECOx(ECOX) 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 ECOx(ECOX)
The Eco Currency is intended to serve as a decentralized alternative to fiat currencies. It is a decentralized crypto-reserve currency for the markets that emerge within online communities and offline use cases where the purchasing power of fiat currencies is in decline.
Eco features two tokens: the variable supply base currency (ECO), and a deflationary supply token (ECOx) intended to align incentives and bootstrap an open market signaling expectations for ECO adoption.
Eco is not a token economy, it's a real economy — with real use cases, real community, and real governance.
(The information below is provided by the ECOx(ECOX) team. Please follow ECOx(ECOX) for more information)
Token Information
Token Name: ECOx
Token Symbol: ECOX
Max Supply:1,000,000,000
Token Type: ERC-20
Contract: https://etherscan.io/token/0xcccD1Ba9f7acD6117834E0D28F25645dECb1736a
Token distribution ratio and unlocking rules:
Community: 197,000,000 units, 19.7%
Team: 228,296,449 units, 22.83%
Advisors: 86,863,914 units, 8.69%
Investors: 292,759,401 units, 29.27%
Ecosystem Partners: 195,080,236 units, 19.51%
Website: https://eco.org/
Whitepaper: https://eco.org/whitepaper.pdf
ECOx(ECOX) Startup Sale Rules
(1) Duration: 04:00 AM November 7th, 2022 - 13:00 PM November 7th, 2022 (UTC) (Orders placed by qualified users within these 9 hours will be treated equally.)
(2) Trading Starts Time: 15:00 PM November 7th, 2022 (UTC)
Trading Pairs: ECOX/USDT
(3) Price: 0 USDT
(4)Startup Supply : 93,750 ECOX
(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.
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