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Fasttoken(FTN) Startup Free Offering on Gate.io
This Fasttoken(FTN) 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 Fasttoken(FTN)
FTN is the official cryptocurrency of Fastex ecosystem and the native token of the Bahamut developed and curated by leading tech giant SoftConstruct. With SoftConstruct’s vast network, over 1 million active users, and 700 partners all over the globe, FTN has numerous real-world use cases from day 1, including settling business arrangements in FTN, depositing/withdrawing and playing with FTN in over 100 websites, and paying gas fees for transfers in FTN on Bahamut blockchain, implying high organic growth.
(The information below is provided by the Fasttoken(FTN) team. Please follow Fasttoken(FTN) for more information)
Token Information
Token Name: Fasttoken
Token Symbol: FTN
Max Supply:1,000,000,000
Token Type: Mainnet
Mainnet explorer : https://www.ftnscan.com/
Token distribution ratio and unlocking rules:
Presale 6%: 60,000,000 FTN; vesting period of 9 months.
Private Sale Phase-1 8%: 80,000,000 FTN; with a lockup period of 12 months. After that, the tokens will unlock according to the pattern described in the smart contract - 10%/monthly.
Private Sale Phase-2 10%: 100,000,000 FTN; with a lockup period of 12 months. After that, the tokens will unlock according to the pattern described in the smart contract - 10%/monthly.
Public Sale 1%: 10,000,000 FTN; released immediately.
Marketing 10%: 100,000,000 FTN; released immediately
Blockchain 12%: 120,000,000 FTN; 12% of the total supply will be reserved and released on Fastex Chain to cover the needs for the initialization and support of the blockchain, as well as providing an easy access to Fastex Chain native currency without the need to swap the ERC-20 FTN to the new format.
Founders 20%: 200,000,000 FTN; The full amount of these tokens will be locked for a 24-month period and unlock according to the pattern described in the smart contract - 10%/monthly.
Advisors 3%: 30,000,000 FTN; The full amount of these tokens will be locked for a 12-month period and will unlock according to the pattern described in the smart contract - 10%/monthly
Partners 6%: 60,000,000 FTN; released immediately.
Ecosystem 24%: 240,000,000 FTN; released immediately.
Website: http://www.fasttoken.com
WhitePaper:https://docs.fasttoken.com/fasttoken-official-whitepaper.pdf
Fasttoken(FTN) Startup Sale Rules
(1) Duration: 07:00 am 31st, October, 2023 - 07:00 am 1st, November, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 09:00 am 1st, November, 2023 (UTC)
Trading Pairs: FTN/USDT
(3) Price: 0 USDT
(4)Startup Supply : 34,188 FTN
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
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.
Purchase limit: The maximum contribution limit for a single user is 1500 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/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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