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Gate.io launches Discount L3P Sale on Startup

2021-04-06 17:16:57Read:165561

Gate.io Startup Special Offers

The Gate.io Startup Special Offers with high quality cryptocurrencies is now available. We will launch sales of some of high quality traded currencies with discounts on a monthly basis. Participate the latest Startup Sales at (for Web only): https://www.gateio.ch/startup

Introduction to Lepricon
Lepricon is a community-owned and governed prediction games platform that allows stakers, developers gamers to enjoy the benefits of DeFi in a gamified way, backed by a vibrant community in which all participants receive rewards for positive contributions and interactions. Lepricon seeks to become a Decentralised Autonomous Organisation (DAO) — an organization represented by rules enshrined in computer code; transparent and controlled by the network participants and not by a central authority.
(The information below is provided by the Lepricon team. Please follow Lepricon for more information)

Token Information
Token name: Lepricon
Token symbol: L3P
Max Supply: 777,777,777 L3P
Token Type: ERC-20
Contract: 0xdeF1da03061DDd2A5Ef6c59220C135dec623116d
Token distribution ratio and unlocking rules:
20% of all L3P tokens will be released as staking rewards over a 5-7 year period
Seed Round (15%): TGE unlock 15%, Lock for 3 months frist, 85%Linear Unlock within next 5 months.
Private Round (10%): TGE unlock 15%,85% Linear Unlock within 5 months
Public Round 1 (1%): TGE unlock 100%
Public Round 2 (1%): TGE unlock 100%

Website:https://lepricon.io
Document:https://docs.google.com/document/d/11xhPjsV-QHWOzvCNP8uQODF-Y0zrp7y1f-yj6GEdaUY/


Gate.io Startup Discount L3P Sale

To thank our users’continuous support, Gate.io and Lepricon will be offering $75k worth of L3P for sale with discount on Startup. The Startup price is calculated based on the average closing price of 3 days before the announcement (0.072 USDT/L3P), The Startup Sale price is $0.036 (about 50% off). Lepricon will be offering 1,153,846 L3P (worth of $75,000 USD). The trading service of USDT/ETH will be enabled after the Startup Sale.

The purchase rules for Startup L3P Sale with Discount are as follows:

(1) Time: UTC1:00 – 23:00, April 8th
All the orders placed within these 22 hours are treated equally.
(2) Participants can purchase with USDT.
(3) Participants should be VIP1 and above.
(4) Purchase limit: The maximum individual purchase limit for a single user is 1000 shares; the relationship with the VIP level and the maximum purchase limit for placing an order is:
The maximum number of subions that can be purchase (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 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.
(6) Each type of currency can only purchase once with each KYC account.
(7) 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 01:00 9th April, 2021(UTC)
The distribution calculation rules are as follow:

F (distribution ratio) = Daily L3P supply limit ÷ Total L3P supply limit
P (actual individual purchased L3P) = F × qualified individual orders
M (actual payment amount) = Startup Sale Price × P

E.g. L3P daily supply limit is 100 million. The ordered L3P is 200 million. User X has placed an order to purchase 100 thousand L3P.

Thus:
F (distribution ratio) = 100,000,000 ÷ 200,000,000 =0.5
P (actual individual purchased L3P) = 0.5 × 100,000 = 50,000
M (actual payment amount in usdt) = 50,000 × Startup Price in usdt

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.io.

(3) Requirements for participants
- The participant should register on Gate.io 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.io 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.io Team
April 6, 2021

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