Gate Startup Initial Offering: Ares Protocol(ARES) | Gate

2021-04-19 UTC
243 440 Lido
0

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.



Gate Startup will launch its next project with Ares Protocol (ARES) on April 26th, 2021 at 04:00 AM(UTC). Startup Link: https://www.gate.com/en/startup



Introduction to Ares Protocol

Ares protocol is a random Oracle solution built on substrate, which supports hybrid BABE and Off-Chain Worker. It is the first decentralized cross-chain Oracle service protocol that can realize on-chain verification, and also open up a compensation channel for data users who suffer business losses due to using Oracle data in Polkadot eco. It integrates On-Chain governance, brings the optimistic rollup challenge model into the realm of Oracle, supports ink contract, and brings a quality Oracle experience to the DeFi eco. As an infrastructure builder bridging the real world and the Blockchain network, facing the grand vision of the Web3.0 era, it provides secure and reliable data services for the development of digital economy and communication between multiple chains.

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

Token Information

Token name: Ares Protocol

Token symbol: ARES

Max Supply: 1,000,000,000 ARES

Token Type: ERC-20

Token Contract: 0x358AA737e033F34df7c54306960a38d09AaBd523

Private Sales Price: $0.03

Financing sale: 20%

Ecological Constructio: 20 %

Community Building: 5%

Reserved by Foundation: 10%

Team: 20%

Consultant: 5%

Pledge Mining: 20%

Website:https://www.aresprotocol.com/

Document:https://docs.aresprotocol.com/#/whitepaper

Token Information:https://etherscan.io/token/0x358AA737e033F34df7c54306960a38d09AaBd523



Ares Protocol Startup Sale Rules

(1) Duration: 04:00 AM - 10:00 AM(UTC), April 26th 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)

(2) To participate in Startup Sale, users will need to be VIP1 and above.

(3) Price: 0.03 USDT/ARES. Startup Supply : 3,333,333 ARES

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

(5) Users place orders using USDT.

(6) Users can place orders from 4:00 AM - 10:00 AM(UTC), April 26th 2021. Orders placed by qualified users within these 6 hours will be treated equally.

(7) 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.

(8) Each type of currency can only purchase once with each KYC account.

(9) After 10:00 AM(UTC), 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 two hours later at 12:00 AM(UTC), April 26th, 2021.

(10) Trading starts time: April 30th 4:00 AM(UTC)

Gate Labs Private Sale Participating Disclosure

(1) Price: 0.006 USDT/ ARES

(2) Token release schedule: Financing sale



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

    April 19, 2021



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Disclaimer

The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.

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