gate Web3 Startup first Token project Quai Network(QUAI) free participation rules announcement (sharing 50,000 QUAI)

In order to give back to platform users, gate officially launched 'Gate Web3 Startup' on July 3, 2023, and will conduct periodic Airdrop plans for Block chain projects. Wallet users of Gate Web3 can participate in Web3 Startup to receive Token, Non-fungible Token, and Allowlist Airdrop benefits.

The gate Web3 Startup will launch the Quai Network(QUAI) project this time, distributing AirdropToken through a lottery. Users connect to the gate Web3 Wallet, only need to have a total chain asset value greater than 10 USD equivalent amount, to participate in the draw to share 50,000 QUAI for free. This activity does not guarantee a 100% winning rate. The higher the current Wallet assets, the greater the chance of receiving the Airdrop!

##gate Web3 Startup This issue's project introduction The gate Web3 Startup will launch Quai Network(QUAI) this time, and the project will be free to participate. The user's participation funds will not be deducted after the end. Introduction of the project selection situation for Web3 startup projects Quai Network(QUAI) Introduction: Quai Network is a next-generation Proof of Work first-layer Blockchain, aimed at building a new decentralized global monetary system. By combining currency with energy, Quai offers the world's first decentralized energy dollar - stable, scalable, and designed for real-world business. With unstoppable performance, Quai is able to expand global transactions and drive the next generation of decentralized finance (DeFi) solutions. By integrating currency, DeFi, and sustainability on one platform, Quai is opening a new era of currency. Project details display area: https://www.gate.io/zh/web3/startup/2241

Access 'StartupAirdrop' through the project banner or functional area on the APP side Quai Network(QUAI): (According to official disclosures from Quai Network(QUAI), please follow Quai Network's official website for more information) (1) English full name: Quai Network (2) Full name in Chinese: N/A (3) Token symbol: QUAI (4) Contract Address: https://quaiscan.io/ (5) Token type: mainnet token (6) Official website of the project: https://qu.ai (7) Project Whitepaper: https://qu.ai/litepaper

##Quai Network(QUAI) Rules of Engagement: （1）Start time: 14:00 on March 1, 2025 - 14:00 on March 8, 2025 (UTC+8) (treated equally for orders within 24 hours) (2) Total Airdrop: 50,000 QUAI (4) Unlock method: 100% unlocked (5) Participation requirements: The total assets of gate Web3Wallet must be no less than $10 to participate in the subscription (6) Participation Limit: Users can only participate once, the higher the total chain funds of gate Web3Wallet, the greater the chance of receiving Airdrop.

##gate Labs Investment Disclosure Gate Labs did not participate in Quai's Network(QUAI) investment. ##Web3 Startup related instructions (subject to subsequent announcements for any changes) (1) Participation conditions: The total assets of gate Web3Wallet must be greater than or equal to 10 USD or equivalent assets in order to participate. Each user can only participate once; the higher the asset balance in the Wallet, the higher the chance of winning. (2) Sufficient amount: Users must ensure that there is no less than $10 in the gate Web3Wallet before the distribution is completed. Insufficient amounts will be automatically excluded from active orders. (3) Announcement of results: After the end of the participation period, the system will count all eligible orders and draw places according to the probability. The higher the Wallet funds, the higher the probability of withdrawal. Airdrop Tokens/Non-fungible Tokens will be distributed directly to the user's participating wallet address, and the winning user can view the Airdrop reward received at the gate Web3Wallet or transaction history. Users need to go to the official website of the project team to collect the Allowlist project. (4) Reward distribution: Rewards will be distributed and announced 48 hours after the end of the project. Please note that Allowlist or some Non-fungible Token projects may have an extended issuance time.

##其它注意事项 Risk Warning ·Web3 Startup projects are blockchain startups, still in the early stages, with significant risks in project operations, underlying technologies, legal and regulatory environments, etc. Understanding blockchain start-ups and assessing their inherent risks requires advanced technical and financial knowledge. Affected by technical, legal and legal, market and other factors, the price of the project you participate in may fluctuate drastically, and the price may be significantly reduced or increased. ·Due to the underlying technology of the project or the gate trading platform, it is possible that you may not be able to withdraw all or part of the project you are participating in. Cryptocurrency or Non-fungible Token projects are high-risk. Cryptocurrency or Non-fungible Token prices are highly volatile. The project team did not set a security deposit and did not provide any price commitment or breakage guarantee. Please be sure to participate in the case of fully understanding the risks and being able to bear the risks, the platform strongly reminds of the risks, but cannot bear the responsibility of guaranteeing compensation and other responsibilities for the investment behavior. ·Users in the UK and other restricted areas are not eligible to participate in this activity (for more details on restricted areas, please refer to the User Agreement).

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Gate.io February 28, 2025