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KYVE Network(KYVE) Startup Free Offering on Gate.io
This KYVE Network (KYVE) 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 KYVE Network (KYVE)
KYVE Network is revolutionizing customized and secure access to on- and off-chain data by providing fast and easy tooling for decentralized data validation, immutability, and retrieval; making trustless data a public good.KYVE Network aims to solve the need for fast, easy, and reliable access to data in a trustless world. With an emphasis on decentralized data validation and immutability, KYVE Network is focused on creating a system that allows users to access and verify data in a way that is secure, transparent, and resistant to tampering or corruption.
(The information below is provided by the KYVE Network (KYVE ) team. Please follow KYVE Network (KYVE ) for more information)
Token Information
Token Name:KYVE Network
Token Symbol: KYVE
Max Supply:1,000,000,000
Token Type: Mainnet
Contract:N/A
Token distribution ratio and unlocking rules:
Ecosystem 27.50%:TGE unlock 20%,48 months Vesting Period
Foundation Delegation 10.00%:TGE unlock 100%,48 months Vesting Period
Developer Adoption 10.00%:TGE unlock 10%,48 months Vesting Period
DEX 2.50%:TGE unlock 100%
Investor Reserve 1.90%:TGE unlock 100%
Community Reserve 1.00%:TGE unlock 100%
R1 9.95%:TGE unlock 0,12 months cliff Period,36 months Vesting Period
R2 11.50%:TGE unlock 0,6 months cliff Period,24 months Vesting Period
R3 8.15%:TGE unlock 0,12 months Vesting Period
Team 16.50%:TGE unlock 0,12 months cliff Period,24 months Vesting Period
Incentivized Rewards 1.00%:TGE unlock 8.33%,11 months Vesting Period
Website: https://www.kyve.network/
WhitePaper : https://docs.kyve.network/introduction/overview
KYVE Network (KYVE ) Startup Sale Rules
(1) Duration: 07:00 am 6th,August,2023 - 07:00 am 7th,August,2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00 am 7th,August,2023 (UTC)
Trading Pairs: KYVE /USDT
(3) Price: 0 USDT
(4)Startup Supply :466,667 KYVE
(5) Unlock rule: 100% unlock.
(6) 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
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
(8) 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.
(9) 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.
(10)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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