Gate has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.
Startup Link: https://www.gate.com/startup
Introduction to Drops Ownership Power(DOP)
Drops platform solves the problem of idle NFT assets that can’t be used to generate yield. By combining NFT fractionalisation, loans and LP tokens, Drops created a platform where users can leverage their NFTs and extract additional value. Through a new financial NFT product “Margin NFT” users holding NFTs can use them as a collateral to obtain a loan or stake to earn yield.
(The information below is provided by the Drops Ownership Power(DOP) team. Please followDrops Ownership Power(DOP) for more information）
Token Information
Token name: Drops Ownership Power
Token symbol: DOP
Max Supply: 15,000,000
Token Type: ERC20
Contract: TBA
Token distribution ratio and unlocking rules:
|
Allocation
|
Tokens
|
Percentage
|
Amount
|
Comment
|
|
Private
sale
|
2,500,000
|
16,79%
|
$1,000,000
|
Price
0.4$ - 30% unlocked on listing, then per block for 270 days
|
|
Public
sale
|
333,333
|
2.22%
|
$200,000
|
Price
0.6$ - 100% unlocked on listing
|
|
Initial
liquidity
|
300,000
|
2.00%
|
|
Listing
on AMM DEX
|
|
Node
Runners DAO
|
300,000
|
2.00%
|
|
Distributed
to community in 2 years
|
|
Team
|
1,500,000
|
10.00%
|
|
2
year vesting per block
|
|
Foundation
reserve
|
2,400,000
|
12.50%
|
|
2
year vesting per block
|
|
Advisory
|
675,000
|
4.50%
|
|
Vesting
per block for 1.5 years
|
|
Eco
rewards
|
7,516,667
|
50.11%
|
|
Liquidity
mining and NFT staking incentives
|
|
TOTAL
|
15,000,000
|
|
|
|
Website：
https://drops.co
WhitePaper ：
https://docsend.com/view/e9nq2waxia63hrq7
Drops Ownership Power Startup Sale Rules
(1) Duration: 02:00 21st May, 2021 - 14:00 21st May, 2021 (UTC)(Orders placed by qualified users within these 12 hours will be treated equally.)
(2) Trading starts time: 02:00 22nd May, 2021 (UTC)
(3) Price: $0.6
(4)Startup Supply : 33333.3 DOP
(5) Users purchase using USDT.
(6) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(7) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:
the maximum number of sub-scrip-tions (not the final actual subion 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
(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) 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 at 16:00 21st May, 2021 (UTC).
Gate Labs Private Sale Participating Disclosure
Gate.Io Labs participated in the Drops Ownership Power(DOP) 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 e valuate 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 is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.
Gate Team
May 21, 2021
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