UPCX(UPC) Startup Free Offering on Gate.io

7.06%

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Gate.io Startup will launch its next project, UPCX (UPC), on January 27th, 2024 at 04:00 AM (UTC).

Startup Link: https://www.gate.io/startup

Introduction to UPCX (UPC)：

1.UPCX allows the easy development of financial smart contracts as well as the creation and issuance of fungible tokens - User Issued Assets (UIA) - and non-fungible tokens - Non-Fungible Assets (NFA) - for users and business operators.
2.UPX enables the issuance of stablecoins that are pegged to prices of real-world assets, including fiat currencies and commodities, by a highly reliable price oracle. This means that even the trading of real-world assets can be handled and completed within UPCX.
3.All assets that exist on UPCX can be used for payments and transfers such as remittances through the UPCX software wallet. UPCX enables same-asset payments and remittances but is specifically designed to also enable cross-asset transactions where the sender and receiver use different assets. Furthermore, all assets can be freely traded at any time on UPCX’s own Decentralized Exchange (DEX)
4.Conducting business today requires various payment methods and scenarios, for which UPCX’s financial smart contracts are the perfect solution:
-Scheduled payment
-Recurring payment
-Automatic withdrawals (with permission)
-Non-custodial escrow
-Multi-signature permission payment
Users can build their own specific payment scenarios by further customizing these smart contracts in UPCX.

(The information below is provided by the UPCX (UPC) team. Please follow the website for more information）

Token Information
Token name: UPCX
Token symbol: UPC
Max Supply: 780,000,000 UPC
Token Type: ETH-ERC20
Token Contract: 0x487d62468282Bd04ddf976631C23128A425555EE

Token Distribution and Unlocked Rules:
*Ecosystem: 50.25%
TGE: 0.1%, 50 years vesting

*Referral Rewards: 10%
16 months cliff, 54 months linear vesting

*Grant Rewards: 10%

*Grant Rewards part1: 3.33%
6 months cliff, 24 months linear vesting

*Grant Rewards part2: 6.67%
30 months cliff, 40 months linear vesting

*Marketing: 10%

*Marketing part1: 6%
TGE: 5%, 20 months linear vesting

*Marketing part2: 3%
20 months cliff, 12 months linear vesting

*Marketing part3: 1%
32 months cliff, 40 months linear vesting

*Development:8%

*Development part1: 6.40%
TGE: 3%, 32 months linear vesting

*Development part2: 1.60%
32 months cliff, 40 months linear vesting

*Early Backers: 7.28%

*Early Backers part1: 5.90%
6 months cliff

*Early Backers part2: 1.06%
12 months cliff

*Early Backers part3: 0.32%
18 months cliff

*Team: 4.47%
24 months cliff, 24 months linear vesting

Website: https://upcx.io/
Whitepaper: https://upcx.io/whitepaper/
Token Information:
https://etherscan.io/token/0x487d62468282bd04ddf976631c23128a425555ee

UPCX(UPC)Startup Sale Rules

(1) Duration: 04:00 AM on January 27th - 04:00 AM on January 29th (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading starts time: 08:00 AM on January 29th (UTC), 2024
(3) Price: $0; Startup Supply: 21,471 UPC
(4) Unlocking Rule: 100% Unlock
(5) 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 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
(6) 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.
(7) 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.