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

To give back to the platform users, gate officially launched the 'Gate Web3 Startup' on July 3, 2023, and will periodically carry out Airdrop plans for Block chain projects. Gate Web3's Wallet users can participate in Web3 Startup to receive Token, Non-fungible Token, and AllowlistAirdrop benefits.

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

##gate Web3 Startup This issue project introduction This time gate Web3 Startup launches Quai Network(QUAI). The project is free to participate, and user participation funds will not be deducted after the end. Introduction of the project selection situation of Web3 Startup project Quai Network(QUAI) introduction: Quai Network is a next-generation proof-of-work first-layer Blockchain designed to build 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 commerce. With unstoppable performance, Quai can expand global transactions and drive the next generation of decentralized finance (DeFi) solutions. By integrating currency, DeFi, and sustainability on one platform, Quai is ushering in a new era of currency. Project details display area: https://www.gate.io/zh/web3/startup/2241

Enter 'StartupAirdrop' via project banner or function area on the APP end to participate Quai Network(QUAI): (According to the official disclosure of Quai Network(QUAI), please pay attention to the official website of Quai Network for details) (1) Full English Name: Quai Network （2）Chinese full name: N/A （3）Token symbol: QUAI (4) Contract Address: https://quaiscan.io/ (5) Token type: Mainnet coin (6) Project official website: https://qu.ai (7) Project Whitepaper: https://qu.ai/litepaper

##Quai Network(QUAI)Participation rules: （1）Opening time: 14:00 on March 1, 2025 - 14:00 on March 8, 2025 (UTC+8) (equal treatment for orders valid within 24 hours) （2）Airdrop total amount: 50,000 QUAI (4) Unlocking method: 100% unlock (5) Participation conditions for this period: gate Web3Wallet must have a total chain asset value of at least $10 to participate in the subscription (6) Participation limit: Users can only participate once, the higher the amount of funds in the whole chain of Gate Web3Wallet, the greater the chance of getting Airdrop.

##gate Labs Investment Disclosure Gate Labs did not participate in Quai's Network(QUAI) investment. ##Web3 Startup (subject to subsequent announcements) (1) Participation conditions: Users can only participate if the total balance of assets in gate Web3Wallet is ≥ 10 USD or equivalent, and each user can only participate once; The higher the asset balance in the Wallet, the higher the chances 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) Result announcement: After the participation period ends, the system will calculate all eligible orders and conduct a quota draw based on probability. The higher the funds in the Wallet, the higher the probability of being drawn. Airdrop Token/Non-fungible Tokens will be directly distributed to the user's participating Wallet address, and winning users can view the received Airdrop rewards in gate Web3Wallet or transaction history. Users of Allowlist projects need to go to the project's official website to claim the rewards. (4) Reward Distribution: Rewards will be distributed and announced within 48 hours after the project ends. Please understand that there may be delays in the distribution time for Allowlist or some Non-fungible Token projects.

Other Notes

Risk Warning · Web3 Startup projects are Block chain startups, still in the early stages, the operation of the project, the underlying technology of the project, the legal and regulatory environment, etc., may all involve significant risks. · Understanding the inherent risks of Blockchain startups requires advanced technical and financial knowledge.

• Due to technical, legal, regulatory, market, and other factors, the price of the project you are participating in may experience severe fluctuations, with prices potentially dropping significantly or rising. ·Due to the underlying technology of the project or the gate trading platform, you may not be able to withdraw all or part of the project you participated in. ·Virtual currency or Non-fungible Token projects are highly risky. The prices of virtual currency or Non-fungible Tokens are highly volatile. The project party does not provide any margin and does not offer any price commitment or underwriting against decline. Please participate only when you fully understand the risks and are able to bear them. The platform strongly warns of the risks but cannot guarantee or be liable for investment actions. ·Users in the UK and other restricted areas are not eligible to participate in this activity (for more details about the restricted areas, please refer to the User Agreement).

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Gate.io February 28, 2025