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Gate Startup Free Offering: MoneySwap(MSWAP) and Announcement of Free Distribution Rules ( 55,356,273 MSWAP free of charge) | Gate

2022-07-23 UTC
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About Gate Startup Free Airdrop Program

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

Gate Startup will launch its next project, MoneySwap(MSWAP) , on July 21st 2022 at 04:00 AM (UTC).



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



Introduction to MoneySwap(MSWAP)

MoneySwap project and MSWAP token will be used as a token to act as a broker for artists who want to popularize their artistry through NFT.

MSWAP project team wants to make it easy for anyone to raise NFTs and trade on the market. It helps artists list their desired NFT in various markets (ETH, SOL, and so on) through the MSWAP platform regardless of picture, video, or music file media.



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



Token Information

Token name: MoneySwap

Token symbol: MSWAP

Max Supply: 1,500,000,000 MSWAP

Token Type: BEP-20

Token Contract: 0xdD5a149740c055bdcdC5C066888f739DBe0bf2d0

Token Distribution and Unlocking Rules:

Pool:20%

TGE:11%;Released for 21 months except TGE +6,+8,+10,+16,+20 month

Ecosystem:40%

TGE:29%;Released for 21 months

Marketing:30%

TGE:22%;Released for 21 months

Reserves:10%

TGE:0%;Released for 21 months



Website: https://moneyswap.io/#

Whitepaper: https://moneyswap.io/whitepaper_en/

Token Information: https://bscscan.com/token/0xdD5a149740c055bdcdC5C066888f739DBe0bf2d0



MoneySwap(MSWAP) Startup Sale Rules

(1) Duration: 04:00 AM on July 21st-04:00 AM on July 22nd (UTC), 2022 (Orders placed by qualified users within these 24 hours will be treated equally.)

(2) To participate in the Startup Sale, users will need to be VIP0 and above.

(3) Price: $0; Startup Supply: 55,356,273 MSWAP

(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:

the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.

For example:

VIP1 users can subscribe up to 1 1 10 = 10 shares

VIP2 users can subscribe up to 2 2 10 = 40 shares

VIP3 users can subscribe up to 3 3 10 = 90 shares

(5) Unlocking Rule: Unlock

(6) Users place orders using USDT.

(7) Users can place orders from 04:00 AM on July 21st-04:00 AM on July 22nd (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.

(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) Each type of currency can only be purchased once with each KYC account.

(10) After 04:00 AM on July 22nd(UTC), 2022, 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.

(11) Trading starts time: 08:00 AM(UTC) on July 22nd, 2022



Gate Labs Investment Participating Disclosure

Gate Labs didn’t invest in MoneySwap



Attention

(1) Countries not supported: USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.

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.

    (3) Requirements for participants
  • The participant should register on Gate 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.



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    Gate Team

    July 19th, 2022


Disclaimer

The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.

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