Gate Startup Initial Free Offering: Primal (PRIMAL) and Announcement of Free Distribution Rules( 12,500,000 PRIMAL free of charge)

About Gate Startup Free Airdrop Program In order to reward platform users, Gate 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 and airdrop benefits.



This Primal (PRIMAL) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.



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



Introduction to Primal (PRIMAL)

The 1st athlete fan token project represented by sports stars with millions of fans, gamified with Move2Earn for mass retail adoption.

PRIMAL combines 2 massively successful markets in crypto: STEPN-style sports + Chiliz-type fan tokens

Onboarding the next billion users:Connecting fans & celebrity athletesTrain & earn with any fitness deviceTrade your favorite athlete fan tokens

PRIMAL Fan Tokens (250 onboarded sports stars)Current projects connect fans to institutionsPRIMAL connects fans DIRECTLY to athletesPRIMAL athletes issue Fan Tokens, giving fans genuine, powerful interactions with their heroesBuy $PRIMAL to access Fan Tokens

PRIMAL Move2Earn Other M2E projects only focus on running and penalizing usersWith PRIMAL, workout how & when you wantPRIMAL's app rewards ALL types of fitness activitiesLearn from pro athletes in their Inner Circle & start earning through the PRIMAL app immediately



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



Token Information

Token Name: Primal Token

Token Symbol: PRIMAL

Max Supply：5,000,000,000

Token Type: Step Network & BEP20

Contract:

Step Network: https://stepscan.io/address/0x0bbe45a033Aab7A90006C05aa648efD3d2993F9E

BEP-20: https://bscscan.com/token/0xcb5327ed4649548e0d73e70b633cdfd99af6da87

Token distribution ratio and unlocking rules

Private Sale: 10.75%, 20% unlocked at TGE, 3 months cliff, 23 months vesting

Public Sale: 18%, 20% unlocked at TGE, 3 months cliff, 18 months vesting

Liquidity, Staking, and MM: 15%, 30% unlocked at TGE, 2 months cliff, 16 months vesting

Marketing: 3%, 10% unlocked at TGE, 3 months cliff, 18 months vesting

Ecosystem Incentives: 25%, 44 months vesting

Team: 15%, 12 months cliff, 20 months vesting

Partners & Advisors: 6%, 12 months cliff, 20 months vesting

Development Reserve: 7.25%, 12 months cliff, 20 months vesting



Website: https://getprimal.com/

Whitepaper: https://www.getprimal.com/one-pager



Primal (PRIMAL) Startup Sale Rules

(1) Duration: 09:00 AM 7th December 2022 - 09:00 AM 8th December 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)

(2) Trading Starts Time: 12:00 PM 8th December 2022 (UTC)

Trading Pairs: PRIMAL/USDT

(3) Price: 0 USDT

(4)Startup Supply: 12,500,000 PRIMAL

(5) Users purchase using USDT.

(6) Unlock rule: 100% unlock.

(7) 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 shares 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

(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 Labs Private Sale Participating Disclosure

Gate Labs hasn't participated in the Primal (PRIMAL) investment.



Attention

(1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and 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
  
  6th December 2022