Elastos(ELA) Startup Free Offering on Gate.io

This Elastos (ELA)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 Elastos (ELA)

Elastos is building a new internet where all communication of data is peer-to-peer, all storage of data is decentralized, and all ownership of data is verifiable with blockchain immutability and smart contract capability. This is the platform for a Modern Internet: a fully interoperable infrastructure designed for decentralized applications, backed by the hashpower of BTC, and fully capable of utilizing smart contracts. This technological breakthrough provides the first completely safe environment on the web where decentralized applications are detached from the internet while also permitting full scalability to billions of users. Elastos enables the generation of wealth through ownership and exchange of your data and digital assets. Welcome to the new Smart Web, where safety and economic distribution can flourish on the internet.

(The information below is provided by the Elastos (ELA) team. Please follow Elastos (ELA)for more information）

Token Information
Token Name: Elastos
Token Symbol: ELA
Max Supply：28,220,000
Token Type: Native Token
Contract:
Native Token (ELA):
Contract - N/A (native token)
Native Explorer: https://blockchain.elastos.org/
Elastos Smart Chain (ESC ELA):
Contract: 0x517E9e5d46C1EA8aB6f78677d6114Ef47F71f6c4
ESC Explorer: https://eth.elastos.io/
Ethereum ELA (ERC-20 ELA):
Contract: 0xe6fd75ff38adca4b97fbcd938c86b98772431867
ETH Explorer: https://etherscan.io/token/0xe6fd75ff38Adca4B97FBCD938c86b98772431867
Token distribution ratio and unlocking rules:
15% angel investors，locked for one year.
24% private and public，50% of the private offering tokens were locked for half a year
11% Elastos foundation – development activities
50% ecosystem development – After the community voted, it was transferred to Cyber Republic for ecosystem development

Website: https://www.elastos.org/en/
WhitePaper ：https://www.elastos.org/downloads/A_New_Internet_For_A_New_Era_An_Elastos_Overview_Web_Quality.pdf

Elastos (ELA) Startup Sale Rules

(1) Duration: 04:00am 29th Sep, 2022 - 04:00am 30th Sep, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 07:00am 30th Sep, 2022 (UTC)
Trading Pairs: ELA/USDT
(3) Price: 0
(4)Startup Supply : 47,904 ELA
(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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