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Geojam Token(JAM) Startup Free Offering on Gate.io
This Geojam (JAM) 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 Geojam (JAM)
Geojam is a social engagement platform that has already generated meaningful, passion-fueled fan engagement with A-list celebrities such as Mariah Carey, Machine Gun Kelly, and Nyjah Huston. Creators, brands, and their communities engage & earn through fun polls, proposals, and competitions with a unique engage-to-earn model that leverages blockchain technology to give users ownership and stake over their community with our cryptocurrency, $JAM. Geojam is the fan economy of the future that redirects the flow of incentives back into the hands of the creators and users themselves through community-generated content and platform governance.
(The information below is provided by the Geojam (JAM) team. Please follow Geojam (JAM) for more information)
Token Information
Token Name: Geojam
Token Symbol: JAM
Max Supply:8,000,000,000
Token Type: ERC-20
Contract:
ERC-20: 0x23894dc9da6c94ecb439911caf7d337746575a72
Token distribution ratio and unlocking rules:
Reserves: 5% - N/A
TEAM: 12% - 0% Released on TGE, 6-month cliff then linear release of 20% every 6 months ending 24 months later
Liquidity Provisioning (Float): 3% - 100% Released on TGE
Marketing: 10% - 5% Released on TGE
Ecosystem: 40% - N/A
Seed Round: 4% - 0% Released on TGE, 6 month cliff then linear release for the remaining over 18 months
Private sale: 7% - 0% Released on TGE, 6 month cliff then linear release for the remaining over 12 months
Private sale 2: 7.5% - 15% Released on TGE then linear release for the remaining over 12 months
Public sale: 1.5% - 100% Released on TGE
Advisors: 10% - 0% Released on TGE, 12 month cliff then linear release for the remaining over 10 months
Website: https://www.geojam.xyz/
WhitePaper :https://geojam.docsend.com/view/vtw8hkppfuyi7r2p
Geojam (JAM) Startup Sale Rules
(1) Duration: 10:00 am 1st Feb, 2023 - 10:00 am 2nd Feb, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 13:00 pm 2nd Feb, 2023 (UTC)
Trading Pairs: JAM/USDT
(3) Price: 0 USDT
(4)Startup Supply : 16,148,410.35 JAM
(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 x 2 x 10 = 40 shares
VIP3 users can subscribe up to 3 x 3 x 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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