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 airdrop benefits.
This MetaGaming Guild(MGG) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
Startup Link: https://www.gate.com/startup
Introduction to MetaGaming Guild(MGG)
MetaGaming Guild (MGG) is one of the world’s fastest growing GameFi guilds who’s on a mission to make game finance fairer for the masses. MGG buys the best Non-Fungible Tokens (NFTs) from gaming startups and rents them out to a community of players through the scholarship program. With this, MGG scholars can access games without upfront costs, access early stage game tokens like VCs, and deploy their NFTs to automated yield.
MGG has the support of renowned launchpads that release the strongest games such as DAO Maker, GameFi, Red Kite, Gamestarter, Starpunk and more. This gives MetaGaming Guild a privileged access to the best gaming assets in the industry. MGG stakers get exclusive access to the game tokens and NFTs through GameFi Vaults - the first form of game yield farming for blockchain games.
(The information below is provided by the MetaGaming Guild(MGG) team. Please follow MetaGaming Guild(MGG) for more information）
Token Information
Token name: MetaGaming Guild
Token symbol: MGG
Max Supply：1,000,000,000
Token Type:Erc-20&Bep20
Contract:
ERC20 -0x7237C0B30B1355f1B76355582f182F6f04B08740
BEP20 - 0x6125adcab2f171bc70cfe2caecfec5509273a86a
Token distribution ratio and unlocking rules:
Seed Round: 3.00%. 5% at TGE, 1 year cliff and vest over 30 months
Strategic Round: 8.00%. 7.5% at TGE, 9 months cliff and vest over 30 months
Private Round: 6.50%. 7.5% at TGE, 6 months cliff and vest over 30 months
Public Sale: 2.15%. 12.5% at TGE then 12.5% on a quarterly basis
Treasury: 10.00%. 1 year cliff and 3 years linear vesting
Community: 36.00%. 1 month cliff and vest over 50 months
Liquidity, Market Making and Incentives: 15.00%. 4.80% at TGE, 1 month cliff and vest over 28 months
Advisors: 5.00%. 1 year cliff and vest over 28 months
Team:12.00%. 1 year cliff and 2.33 years vesting
Reserve: 2.10% 3 months cliff, 20% release on 4th month, 20% release beginning year 2
Website:https://www.metagg.com/
WhitePaper ：https://www.metagg.com/wp-content/uploads/2022/01/MetaGaming-Guild-White-Paper-01212022-updated.pdf
MetaGaming Guild Startup Sale Rules
(1) Duration: 10:00am 9th Feb, 2022 - 10:00am 10th Feb, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 01:00pm 10th Feb, 2021 (UTC)
Trading pairs: MGG/USDT
(3) Price: 0 USDT(Price: $0.14)
(4)Startup Supply : 214,286MGG
(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 Labs Private Sale Participating Disclosure
Gate Labs has not participated in the MetaGaming Guild(MGG) 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 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.
Gate will open an Automated Market Maker (AMM ) for MGG, 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 secure.
AMM Trading Market and AMM Liquidity Mining
Gate 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 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:
- Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
- 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.
- 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.
- 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.
- Liquidity providers can take bonus and withdraw at any time
Gate is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Follow us on social
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate Team
Jan 30th, 2022
