AdaSwap(ASW) Startup Free Offering on Gate.io

This AdaSwap(ASW)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 AdaSwap(ASW)

AdaSwap is building a gamified DEX for the Cardano network that enables the crypto community to easily swap Cardano-based tokens in seconds with low fees. As part of that project, it’s also creating a native Cardano NFT marketplace named ADANFT.
AdaSwap will launch fixed, long-term and high-yield liquidity pools that will allow token holders to buy and sell Cardano-based tokens and NFTs.

(The information below is provided by the AdaSwap(ASW) team. Please follow AdaSwap(ASW) for more information）

Token Information
Token name: AdaSwap
Token symbol: ASW
Max Supply：10,000,000,000
Token Type: ERC-20
Contract: Ethereum: 0x56694577564FdD577a0ABB20FE95C1E2756C2a11
Token distribution ratio and unlocking rules:
Seed:0.3% 5% at TGE - Locked for 90 days - 5% release after 90 days - linear vesting of 10% per month
Private 1: 4.6% 5% at TGE - Locked for 90 days - 5% release after 90 days - linear vesting of 10% per month
Private 2: 2.5% 7.5% at TGE - Locked for 90 days - 7% release after 90 days - linear vesting of 9.5% per month
Public: 0.66% 50% at TGE - Locked for 30 days - 50%
Team:11% Locked for 12 months - linear vesting over a period of 1 year
Advisors:7% Locked for 6 months - linear vesting over 36 months
Marketing: 10% Locked for 3 months - linear vesting over a period of 10 months
Developers:13% Locked for 180 days - linear vesting over a period of 25 months
Liquidity: 5% 7.5% at TGE- Locked for 30 days- 7.5% release after 30 days- linear vesting over 17 months
LP FARMING: 45.94% Locked for 7 days- 1.67% release after 7 days- 1.67% release after 14 days- 1.67% release after 21 days-linear vesting over a period of 7 months of 5%- linear vesting over a period of 30 months of 2%

Website:https://adaswap.app/
WhitePaper ：https://adaswap.app/AdaSwap-Whitepaper.pdf

AdaSwap(ASW) Startup Sale Rules

(1) Duration: 09:00am 4th Apr, 2022 - 09:00am 5th Apr, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 12:00pm 5th Apr, 2022 (UTC)
Trading pairs: USDT/ASW
(3) Price: 0 USDT(Public Sale Price: $0.005)
(4)Startup Supply : 20,000,000 ASW
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each 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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