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Gate.io Startup Free Offering: Beyond Protocol(BEYOND) and Announcement of Free Distribution Rules( 435,474 BEYOND free of charge)

2022-01-17 02:35:03 UTCRead:18048

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 Beyond Protocol(BEYOND) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of event.

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

Introduction to Beyond Protocol(BEYOND)

Beyond Protocol is a blockchain providing a decentralized security layer for the Internet of Things. Adding the protocol to IoT devices makes them probabilistically impossible to hack, allowing them to safely communicate and pay each other with crypto or fiat. The founding team includes Stanford engineers and current/former execs from IBM, Amazon, Cisco, Qualcomm, and Warner Brothers. Partners include Cisco, DoorDash, Stripe, the EU, and Huobi.
Long-term strategic partners and token holders include Rob Gronkowski, Steve Aoki, Cage the Elephant and Huobi.

(The information below is provided by the Beyond Protocol(BEYOND) team. Please follow Beyond Protocol(BEYOND) for more information)

Token Information
Token name: Beyond Protocol
Token symbol: BEYOND
Max Supply:500,000,000
Token Type: ERC-20
Contract: 0xdF290B162a7D3E0A328cF198308D421954f08b94
Token distribution ratio and unlocking rules:
Angel Pre-Sale:2.15% Monthly,6 Months after exchange listing
Non-institutional Pre-Sale:5.80% Monthly,12 Months after exchange listing
Strategic Institutional Pre-Sale:12.00% Monthly,24 Months after exchange listing
Advisors & Early Ecosystem:11.25% Monthly,24 Months after exchange listing
Core Team:15.50% Monthly,36 Months after exchange listing
Employee Pool:15.00% Monthly,36 Months after exchange listing
Ecosystem Growth & Operations:38.30% Monthly,60 Months after exchange listing

Website: https://beyond.link/
WhitePaper:https://docsend.com/view/si72wby

Beyond Protocol Startup Sale Rules
(1) Duration: 23:00pm 15th Jan, 2022 - 23:00pm 16th Jan, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 02:00am 17th Jan, 2022 (UTC)
Trading pairs: BEYOND/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $0.459270)
(4)Startup Supply : 435,474 BEYOND
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each KYC account.
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(9) 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.
(10) 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.

Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not participated in the Beyond Protocol(BEYOND) investment.

Attention
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.
(2) Risk Warning:
- The project team does not guarantee that the token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity.
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and evaluate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.

Gate will open an Automated Market Maker (AMM ) for BEYOND, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with security.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:
1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonus and withdraw at any time

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Follow us on social
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Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
Jan 15th, 2022

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