Hiveswap(HIVP) Startup Free Offering on Gate.io

About Gate.io Startup Free Airdrop Program

In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.

This Hiveswap(HIVP) 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/1660

Introduction to Hiveswap(HIVP)

Hiveswap is the Top SWAP in the Bitcoin ecosystem, utilizing the interoperable Bitcoin layer MAP Protocol to provide liquidity services for assets in the Bitcoin ecosystem, including assets on Bitcoin L1. the MAP Protocol interoperability layer, and various Bitcoin L2s.

(The information below is provided by the Hiveswap(HIVP)team. Please follow Hiveswap(HIVP) for more information)

Token Information

1. Token Name: Hiveswap
2. Token Symbol: HIVP
3. Max Supply：2.100.000.000
4. Token Type: MORC20
5. Contract: https://maposcan.io/token/0x69c43364667cf6279016bbec76445174c78f142d
6. Token distribution ratio and unlocking rules:

Airdrop and Marketing, 20% : TGE 3.5%, 3.5% released 2 weeks after TGE and the remaining 13% released 30 days after TGE

Treasure, 15% : TGE 0%, one month lock-up, released as required

Team, 15% : TGE 0%, Linear release within three years

Mining, 50%: TGE 0%, linear release within five years

Website: https://www.hiveswap.io/#/home

Whitepaper: https://docs.hiveswap.io/

Hiveswap(HIVP) Startup Subscription Rules：

(1) Duration: 04:00 AM July 2nd, 2024 - 04:00 AM July 4th, 2024 (UTC) (Orders placed by qualified users within these 48 hours will be treated equally)

(2) Trading Starts Time：08:00 AM July 4th, 2024 (UTC)

The Trading Pair: HIVP/USDT

(3) Price: 0 USDT

(4)Startup Supply: 3.393.665 HIVP

(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.

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