MNet Continuum(NUUM) Startup Free Offering on Gate.io

$0.022

4.59%

Listing

This Mnet (NUUM) 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 Mnet (NUUM)

Mnet collects activity across social media for bitcoin, thousands of alts and exchanges, as well as what influencers are posting, and distills it into bitesize, digestible chunks.

(The information below is provided by the Mnet (NUUM) team. Please follow Mnet (NUUM) for more information）

Token Information
Token Name: MNet Continuum
Token Symbol: NUUM
Max Supply：1,000,000,000
Token Type: Mainnet
Mainnet Explorer: https://continuum.subscan.io/
Token distribution ratio and unlocking rules:
Founding team: 18%, 180,000,000 18 months lock, linear release over 24 months
Seed investors: 17.30%, 173,000,000 12 months lock, linear release over 24 months
Future investors: 7.70%, 77,000,000 12 months lock, linear release over 24 months
Ecosystem programs: 5%, 50,000,000 12 months lock, linear release over 24 months
Whitelist KYC sales: 8%, 80,000,000 30 days after TGE
Campaign Based Airdrop: 2%, 20,000,000 unlocked 100% at TGE
Foundation: 12%, 120,000,000 18 months lock, linear release over 24 months
Marketing: 20%, 200,000,000 18 months lock, linear release over 24 months
Hackathon Program: 5%, 50,000,000 linear release for 36 months
Future Employee Incentives: 3%, 30,000,000 18 months lock, linear release over 24 months
Additional Reward to Public Sale: 2%, 20,000,000 Internally linearly released over 10-month, but need to lock at TGE for distribution

Website: http://mnet.io
WhitePaper：https://metaversenw.gitbook.io/metaversenetwork/

Mnet (NUUM) Startup Sale Rules

(1) Duration: 14:00 pm 7th March, 2024 - 23:00 pm 7th March, 2024 (UTC)(Orders placed by qualified users within these 9 hours will be treated equally.)
(2) Trading Starts Time: 03:00 am 8th March, 2024 (UTC)
Trading Pairs: NUUM/USDT
(3) Price: 0 USDT
(4) Startup Supply : 88,889 NUUM
(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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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.