Magic Square(SQR) Startup Free Offering on Gate.io

This Magic Square (SQR) 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 Magic Square (SQR)

Magic Square positions itself as the official Web3 App Store, known as the Magic Store, fundamentally changing how users discover and interact with apps and games in the Web3 space. This platform addresses key challenges in the Web3 ecosystem by providing a rewarding experience for both users and developers. Its notable features include Hot Offers for earning rewards, a Karma System for user engagement, Magic Boost for traffic generation, and a community-led Validation Voting system. The Magic ID feature facilitates easy Web3 onboarding. Central to its ecosystem is the $SQR token, which is used for premium memberships, user acquisition, targeted advertising, and decision-making in platform governance. Magic Square’s commitment to user engagement and quality assurance establishes it as a pivotal player in enhancing the Web3 experience.

(The information below is provided by the Magic Square (SQR) team. Please follow Magic Square (SQR) for more information）

Token Information
Token Name: Magic Square
Token Symbol: SQR
Max Supply：1,000,000,000
Token Type: BEP-20
Contract:
https://bscscan.com/token/0x2B72867c32CF673F7b02d208B26889fEd353B1f8
Token distribution ratio and unlocking rules:
Team：200,000,000，20%，Lockup 12 Months，Vesting 30 Months
Advisors：50,000,000，5%，Lockup 12 Months，Vesting 30 Months
Private Round-Phase 1：130,000,000，13%，Lockup 6 Months，Vesting 24 Months
KOL Round：20,000,000，2%，Lockup 6 Months，Vesting 20 Months
Private Round-Phase 2：40,000,000，4%，10% was unlocked at TGE, Lockup for 6 months, then vesting
Public Sale：1,000,000，1%，10% Release after the TGE，Vesting 9 Months
Ecosystem Grants：120,000,000，12%，Vesting 36 Months
Pre-TGE Drop：10,000,000，1%，100% unlocked at TGE
Community Rewards：110,000,000，11%，Vesting 36 Months
Market Maker：30,000,000，3%，100% unlocked at TGE
Liquidity and Listing：70,000,000，7%，50% unlocked at TGE, 50% Vested after 1 Month
Reserves：210,000,000，21%，Vesting 36 Months

Website: https://magic.store/
WhitePaper ：https://magicsquare.gitbook.io/magic-square-litepaper/

Magic Square (SQR) Startup Sale Rules

(1) Duration: 06:00 am 21st Jan, 2024 - 06:00 am 22rd Jan, 2024 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00 am 22rd Jan, 2024 (UTC)
Trading Pairs: SQR/USDT
(3) Price: 0 USDT
(4)Startup Supply : 86,957 SQR
(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
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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