Chainport(PORTX) Startup Free Offering on Gate.io

$0.001841

1.54%

Listing

This ChainPort (PORTX) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

Startup Link: https://www.gate.io/startup

Introduction to ChainPort (PORTX)

ChainPort is an innovative blockchain bridge that provides custodian-level security with real interoperability - ChainPort token supports 7 blockchains and will be supporting all big EVM in Q1 2022 and non-EVM starting in Q2 2022. ChainPort is live and has over 140 tokens using ChainPort with about 250M in TVL.
ChainPort is the only bridge that features custodian security, making it the most secure of all bridges. ChainPort secures all assets with a multi-layer technology that combines the latest breakthroughs in Multi-Party Computation cryptography by the biggest MPC provider- Fireblocks, Gnosis, and hardware isolation.
ChainPort is the only bridge that provides full interoperability from day one. Port tokens to and between any of the supported chains without reverting to the original token.

(The information below is provided by the ChainPort (PORTX) team. Please follow ChainPort (PORTX) for more information）

Token Information
Token Name: ChainPort
Token Symbol: PORTX
Max Supply：1,000,000,000 - 32% Burn before TGE
Token Type: ERC20 native but with versions on BSC, Fantom, Polygon, Avalanche
Contract: https://etherscan.io/token/0x104f3152d8ebfc3f679392977356962ff36566ac

Token distribution ratio and unlocking rules:
Seed Round: 2.5%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
Angel Round: 3.5%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
VC/Private Round/KOLs: 4%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
Public Sale: 6%, TGE unlocks 10%, 4 months cliff, 25 months linear vesting
CEX Reserve: 2%, TGE unlocks 10%, 10% monthly vesting
Staking, Liquidity, MM, and Incentives: 10%, TGE unlocks 5%, 32 months linear vesting
Participation and growth Incentives: 35%, 3 months cliff, 47 months linear vesting
Team: 20%, 12 months cliff, 36 months linear vesting
Partners, Advisors, & Consultants: 4%, 6 months cliff, 10% unlocked at 7th month, 5 months cliff and 20% vested, 20% vested every 2 months, 10% vested in the last month
Marketing, Acquisitions, & Licenses (Long Term Dev): 13%, 5 months cliff, 44 months linear vesting

Website: https://chainport.io
Whitepaper: https://docs.chainport.io/

ChainPort (PORTX) Startup Sale Rules

(1) Duration: 10:00 AM September 19th, 2022 - 10:00 AM September 20th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 13:00 PM September 20th, 2022 (UTC)
Trading Pairs: PORTX/USDT
(3) Price: 0 USDT
(4)Startup Supply: 833,333 PORTX
(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 shares 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.