Root Protocol(ISME) Startup Free Offering on Gate.io

$0.001712

2.64%

Lnny

This Root Protocol (ISME) 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 Root Protocol (ISME)
Root Protocol - Building the Operating System and Dashboard of Web3
Root is building an operating system with the composition of an intent-centric aggregator of digital identity, virtual accounts, social graphs, and more to enable unified access to Web3.

-$~10 million across two rounds of seed and private investments led by Animoca Brands and Animoca Ventures, backed also by Dao5, Token Bay Capital, Gate Ventures, Cypher Capital, Basics Capital, Shima Capital, DFG, Gate Labs, Signum Capital, Digital Strategies, GenBlock, CMS Holdings and more.
-The world’s fastest-growing DID network and aggregator
-Free, permissionless, and non-custodial social profile
-250,000 verified DID-based account holders and > 1 million social connections
-A direct monetization path to access the value of data journeys

(The information below is provided by the Root Protocol (ISME) team. Please follow Root Protocol (ISME) for more information）

Token Information
Token Name: Root Protocol
Token Symbol: ISME
Max Supply：1,000,000,000
Token Type: ERC-20
Contract:
0x87c22db324b8b0637c8f09d2670ae7777651dbb8

Token distribution ratio and unlocking rules:
Angel Round: 4.5% 3 months cliff with a vesting schedule of 24 months
Strategic Round: 9% 5% unlocked at TGE, vesting schedule of 18 months
Private Round I: 9% 10% unlocked at TGE, vesting schedule of 18 months
Private Round II: 4% 10% unlocked at TGE, vesting schedule of 19 months
Public Sale: 1% 25% unlocked at TGE, vesting schedule of 3 months
Liquidity Bootstrapping Pool: 2.5% 100% unlocked at TGE
Community & Ecosystem: 15% 3 months cliff with a vesting schedule of 48 months
Operational Reserve: 20% 3 months cliff with a vesting schedule of 48 months
Developer Reward: 15% 3 months cliff with a vesting schedule of 48 months
Team: 20% 24 months cliff with a vesting schedule of 48 months

Website: https://root.xyz/
WhitePaper ：https://root.xyz/whitepaper

Root Protocol (ISME) Startup Sale Rules

(1) Duration: 12:00 pm 12th March, 2024 - 04:00am 13th March, 2024 (UTC)
(Orders placed by qualified users within these 16 hours will be treated equally.)
(2) Trading Starts Time: 08:00am 13th March, 2024 (UTC)

Trading Pairs: ISME/USDT
(3) Price: 0 USDT
(4)Startup Supply : 687,500 ISME
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, 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.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899.
(7) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(8) 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.