Waterfall(WATER) Startup Free Offering on Gate.io

This Waterfall (WATER) will only be available for GT subscriptions. Please be aware that the participation users' funds will not be deducted at the end of this Waterfall (WATER) Subscription.

Introduction to Waterfall (WATER)：

Waterfall is the next generation EVM compatible smart contract platform based on DAG. It enables parallel processing and later parallel execution on single shard and multi shard levels. Waterfall could be compared by its potential scalability to the most scalable projects and achieve it while preserving a very high level of decentralization (potentially millions of validators. When mobile devices functionality is developed potentially tens of millions or even hundreds of millions). Waterfall is designed to have very low hardware requirements (2 cores CPU and 4 GB RAM).

(The information below is provided by the Waterfall (WATER) team. Please follow the website for more information)

Token Information

1. Token name: WATER
2. Token symbol: WATER
3. Max Supply: 25.000.000.000 WATER
4. Token Type: Mainnet
5. Token Contract: N/A
6. Token Distribution and Unlocked Rules:

*Angel: 3%

TGE 5%, 6 Months cliff, linear vesting over 24 Months

*Seed: 5%

TGE 5%, 6 Months cliff, linear vesting over 18 Months

*Founders: 6%

TGE 5%, 6 Months cliff, linear vesting over 24 Months

*Advisors: 4.54%

TGE 5%, 6 Months cliff, linear vesting over 24 Months

*Technical Team: 2.92%

TGE 5%, 6 Months cliff, linear vesting over 54 Months

*Association Reserve: 39.21%

Planned for further development and advancement of the technology and the ecosystem

*DAO Treasury: 23.33%

Planned for Association daily operation

*Ecosystem Development Grants: 8%

Vesting but depends on each case different term

*R&D Grants: 8%

Vesting but depends on each case different term

Website: https://waterfall.network/

Whitepaper:https://waterfall.network/wp-content/uploads/2023/09/Whitepaper.pdf

Token Information: https://explorer.waterfall.network/

Waterfall (WATER)Startup Sale Rules

(1) Duration: 06:00 AM on July 15th - 06:00 AM on July 17th (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.

(2) Trading starts time: 10:00 AM on July 17th (UTC), 2024

Trading pair: WATER/USDT

(3) Subscription Token: GT

(4) Subscription Price: $0 GT

(5) Subscription Total: 8.333 GT

(6) Startup Total Supply: 5.000.000 WATER

(7) Unlock rule: 100% Unlock

(8) Participation Requirement:

1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.

2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.

3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.

Participate in Startup now: https://www.gate.io/startup

(9) Announcement of results: After the end of the day's subscription, the system will count all eligible subscription orders.

Please Note: 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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