Gate Startup Initial Free Offering: Spume(SPUME) and Announcement of Free Distribution Rules ( 250,000SPUME free of charge)

Gate Startup Initial Free Offering: Spume(SPUME) and Announcement of Free Distribution Rules ( 250,000SPUME free of charge)

About Gate Startup Free Airdrop Program

In order to reward platform users, Gate launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.



Gate Startup will launch its next project, Spume(SPUME), on August 28th, 2022 at 10:00 AM (UTC).



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



Introduction to Spume(SPUME)：

The Spume Protocol is an end-to-end transactional layer that facilitates payment infrastructure for physical and digital non-fungible token assets on multiple chains. Spume will enable anyone to build branded and personalized NFT marketplaces complete with on-chain payment processors while being able to tokenize both physical and digital assets. These include but are not limited to: digital/physical art and real estate, intellectual property and its licensing, patents, and luxury goods. This opens the Spume Protocol up to all industries and allows users to conduct tokenized asset finance efficiently and effectively. Spume sees a future where branding is scalable via distribution channel partners, thus allowing brands/influencers/gaming ecosystems and other industries to implement end-to-end customized non-fungible asset commerce.



(The information below is provided by the Spume team. Please follow the website for more information）



Token Information

Token name: Spume

Token symbol: SPUME

Max Supply: 100,000,000 SPUME

Token Type: ERC-20

Token Contract: 0xa16a609fF4e1A15b6cCb469E7a5dD14E89305283

Token Distribution and Unlocking Rules:

Private 7.7%

TGE:5%, vesting: 10% per week for 9.5 weeks

Public 2.5%

TGE:20% ,vesting: 13.33% per week for 6 weeks

Team 15.00%

TGE:Staked Forever

Marketing 13.10%

TGE:0%, cliff: two weeks, vesting: 2.5% every week for 40 weeks

DAO 30%

TGE:Staked Forever

Liquidity 16.7%

TGE:12.5%, vesting: 2.5% per week for 35 weeks

Strategic Partnerships:15.00%

TGE:0%, cliff: 18 month, vesting: 12 months



Website: https://spume.io/

Whitepaper: https://spume.io/wp-content/uploads/2022/01/spume-white-paper.pdf

Token Information: https://etherscan.io/token/0xa16a609fF4e1A15b6cCb469E7a5dD14E89305283



Spume Startup Sale Rules

(1) Duration: 10:00 AM on August 28th-10:00 AM on August 29th (UTC), 2022(Orders placed by qualified users within these 24 hours will be treated equally.)

(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.

(3) Price: $0; Startup Supply:250,000 SPUME

(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:

the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10).

For example:

VIP1 users can subscribe up to 1 1 10 = 10 shares

VIP2 users can subscribe up to 2 2 10 = 40 shares

VIP3 users can subscribe up to 3 3 * 10 = 90 shares

(5) Unlocking Rule: Unlock

(6) Users place orders using USDT.

(7) Users can place orders from 10:00 AM on August 28th-10:00 AM on August 29th (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.

(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) Each type of currency can only be purchased once with each KYC account.

(10) After 10:00 AM on August 29th (UTC), 2022, 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.

(11) Trading starts time:14:00 PM(UTC) on August 29th, 2022



Gate Labs Investment Participating Disclosure

Gate Labs didn’t invest in Spume



Attention

(1) Countries not supported: USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, 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
  
  August 23rd, 2022