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VinuChain(VC) Startup Free Offering on Gate.io
This VinuChain( VC) 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 VinuChain( VC)
VinuChain is a groundbreaking blockchain project that encompasses the best of both worlds - innovation and scalability. As a DAG-based EVM chain, VinuChain boasts one second finality and near-infinite scalability at a fraction of the cost of traditional blockchains. VinuChain also offers the unique advantage of ‘Determinably Feeless’ transactions. The experienced team are seasoned blockchain enthusiasts and even co-authored Ethereum’s EIP-5375.
(The information below is provided by the VinuChain( VC) team. Please follow VinuChain( VC) for more information)
Token Information
Token Name: VinuChain
Token Symbol: VinuChain
Max Supply: 1,000,000,000 VC
Token Type: BEP 20, Mainnet Coin
Contract:
BSC: https://bscscan.com/token/0x2bf83d080d8bc4715984e75e5b3d149805d11751
Mainnet Coin: https://mainnet.vinuscan.com/
Token distribution ratio and unlocking rules:
Ecosystem Development (e.g. user rewards, developer grants):50%, varies releasing schedule
Project Development (e.g. marketing, developer costs):25%, linear 24 month vesting
Airdrop (free distribution):1%, unlocked at TGE
Token Sales (Private):10%,linear 6 month unlock beginning month 3
Token Sales (Public):5%, unlocked at TGE
Foundation Reserve (Vinu Foundation):9%, linear 10 month unlock beginning month 6
Website: https://vinuchain.org
WhitePaper :https://vinu.gitbook.io/whitepaper
VinuChain( VC) Startup Sale Rules
(1) Duration: 05:00 AM 12th Oct, 2023 - 05:00 AM 13th Oct, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 08:00 AM 13th Oct, 2023 (UTC)
Trading Pairs: VC/USDT
(3) Price: 0 USDT
(4)Startup Supply : 1,120,000 VC
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a)Startup Participation Rules for VIP Users:
1.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.
2.Purchase limit: The maximum contribution limit for a single user is 1400 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
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/zh/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.
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