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Tezos Domain(TED) Startup Free Offering on Gate.io
This Tezos Domains (TED) 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 Tezos Domains (TED)
Tezos Domains is an innovative project on the Tezos blockchain. It’s a decentralized, open, and adaptable naming system. The primary function of Tezos Domains is to translate a user-friendly alias into its corresponding Tezos address and vice versa. This translation is globally consistent, ensuring all users see the same address for a given alias. The TED token is the governance token for this system, allowing the community to participate in decision-making processes. By holding TED tokens, you can help shape the future of Tezos Domains.
(The information below is provided by the Tezos Domains (TED) team. Please follow Tezos Domains (TED) for more information)
Token Information
Token Name: Tezos Domains DAO
Token Symbol: TED
Max Supply:100,000,000
Token Type: FA2
Contract:
https://better-call.dev/mainnet/KT1GY5qCWwmESfTv9dgjYyTYs2T5XGDSvRp1/operations
Token distribution ratio and unlocking rules:
Airdrop 7.5%: 25% unlocked at TGE, and the remaining tokens are unlocked for 3 months
Core contributors 20%: 6 months Lockup, and the unlock period is 36 months
DAO community treasury 29.5%: 10% unlocked at TGE, and the remaining tokens are unlocked for 51 months
Liquidity 15%: 100% unlocked at TGE
Staking rewards 15%: 5% unlocked at TGE, and the remaining tokens are unlocked for 57 months
Launchpad 11%: 25% unlocked at TGE, and the remaining tokens are unlocked for 3 months
Investors 2%: 6 months Lockup, and the unlock period is 36 months
Website: https://tezos.domains/
Whitepaper:https://tezos.domains/en/about/faq
Tezos Domains (TED) Startup Sale Rules
(1) Duration: 8:00 AM 9th October, 2023 - 8:00 AM 10th October, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 PM 10th October, 2023 (UTC)
Trading Pairs: TED/USDT
(3) Price: 0 USDT
(4)Startup Supply : 500,000 TED
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.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.
2.Purchase limit: The maximum contribution limit for a single user is 1000 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/zh/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 behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
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