Decentralized Social(DESO) Startup Free Offering on Gate

This Decentralized Social (DESO) 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 Decentralized Social (DESO)

Today, social media is controlled by five centralized megacorporations, and DeSo wants to change that. DeSo is a new layer-1 blockchain like Bitcoin or Ethereum, only it’s built from the ground up to decentralize social media applications.

DeSo has raised over $200 million in funding from backers including Sequoia, a16z, Coinbase, and many others. Today, DeSo has over 2 million wallets, and it can be accessed via social DApps like Diamond (diamondapp.com), OpenProsper (openprosper.com), NFTz (nftz.com), Openfund (openfund.com), and hundreds of others.

(The information below is provided by the Decentralized Social (DESO) team. Please follow Decentralized Social (DESO) for more information）

Token Information
Token Name: Decentralized Social
Token Symbol: DESO
Max Supply：10,808,492
Token Type: DeSo Native token
Contract:
DESO is the native token of Decentralized Social Blockchain (DeSo block explorer: https://explorer.deso.org/)

Token distribution ratio and unlocking rules:
All tokens are fully unlocked.
Token distribution:
79%: Public Sale
18.5%: Founding team
2.5%: Proof of Work Mining

Website: https://deso.com
WhitePaper ：https://docs.deso.org/about-deso-chain/readme

Decentralized Social (DESO) Startup Sale Rules

(1) Duration: 23:00PM 18th Jan, 2023 - 23:00PM 19th Jan, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 2:00AM 20th Jan, 2023 (UTC)
Trading Pairs: DESO/USDT
(3) Price: 0 USDT
(4)Startup Supply : 5,988 DESO
(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 x 2 x 10 = 40 shares
VIP3 users can subscribe up to 3 x 3 x 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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