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Italian Football Federation(ITA) Startup Free Offering on Gate.io
This Italian Football Federation (ITA) 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 Italian Football Federation (ITA)
The Italian Football Federation Fan Token (ITA) is a utility token that gives Italian National Team fans a tokenized share of influence on club decisions using the Socios application and services. The token serves as a membership key that allows users to compete for exclusive rewards, club recognition, and more.
(The information below is provided by the Italian Football Federation (ITA) team. Please follow Italian Football Federation (ITA) for more information)
Token Information
Token Name: Italian Football Federation
Token Symbol: ITA
Max Supply:30,000,000
Token Type: Chiliz Chain
Contract:https://explorer.chiliz.com/tokens/0x280e7a6db41213776E6A4429c819867dd2312DAD/token-transfers
Token distribution ratio and unlocking rules:
The ITA token has a monthly linear vesting schedule of 4 years in which 7.5m ITA is unlocked per year. Unlock does not guarantee an increase in circulating supply supply but allows for the circulating to be increased if needed.
Website: https://socios.com
WhitePaper :https://docs.google.com/document/d/1S1-PN2lCqfoBMvzdlCC3Y3K8zzCFYw-OWIvOo9HIgPc/edit?usp=sharing
Italian Football Federation (ITA) Startup Sale Rules
(1) Duration: 09:00am 26th Oct, 2022 - 09:00am 27th Oct, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00pm 27th Oct, 2022 (UTC)
Trading Pairs: ITA/USDT
(3) Price: 0 USDT
(4)Startup Supply : 22,936 ITA
(5) Users purchase using USDT.
(6) Unlock rule: 50% unlock after startup ends, the rest 50% unlock on the second week
(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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