Metal Blockchain(METAL) Startup Free Offering on Gate.io

This Metal Blockchain(METAL) 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 Metal Blockchain(METAL)

Metal Blockchain is a scalable layer zero blockchain that aims to bring popular PoW blockchains like BTC, ETH, and DOGE to PoS with smart contract functionality and trustless bridging. Core target audience are defi users and enterprises to launch their own chains or dapps.

(The information below is provided by the Metal Blockchain(METAL) team. Please follow Metal Blockchain(METAL) for more information）

Token Information
Token Name: Metal Blockchain
Token Symbol: METAL
Max Supply：666,666,666
Token Type: Proton xToken
Contract: Blockchain explorer: https://explorer.metalblockchain.org
Token distribution ratio and unlocking rules:
Foundation 18.3%
Staking reserved 50%
Reserved for conversion 18%
Initial staking for securing the chain 3%
Founders 10.7%

Website: https://metalblockchain.org/
WhitePaper: https://metalblockchain.org/litepaper-v0.01.pdf

Metal Blockchain(METAL) Startup Sale Rules

(1) Duration: 06:00 5th Oct, 2022 - 06:00 6th Oct, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 09:00 6th Oct, 2022 (UTC)
Trading Pairs: METAL/USDT
(3) Price: 0 USDT
(4)Startup Supply : 68,027 METAL
(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 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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