Lootex(LOOT) Startup Free Offering on Gate.io

This Lootex(LOOT) Startup contribution is a free contribution, and will not deduct the users' participation funds in the end of event.

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

Introduction to Lootex(LOOT)

Lootex is a cross-chain game item shop for the Metaverse. We are devoted to building a gamer-centric, in-game asset marketplace where players can easily browse and trade the most popular game assets.

(The information below is provided by the Lootex(LOOT) team. Please follow Lootex(LOOT) for more information）

Token Information
Token name: Lootex(LOOT)
Token symbol: LOOT
Max Supply：100,000,000
Token Type: ERC-20
Contract: 0x721A1B990699eE9D90b6327FaaD0A3E840aE8335
Token distribution ratio and unlocking rules:
Team & founders 16.90% vesting over 3 years with 1-year cliff
Advisors 4.00% vesting over 3 years with 1-year cliff
Seed 6.00% 5%at TGE, vesting over 2 years with 5-month cliff
Private 10.00% 5%at TGE, vesting over 2 years with 5-month cliff
Strategtic 8.00% 5%at TGE, vesting over 2 years with 5-month cliff
Public Sale 0.50% fully unlocked
Staking Reward 30.00% N/A
Treasury 10.60% N/A
Ecosystem Fund 14.00% N/A

Website: https://lootex.io/
WhitePaper ：
https://lootexio.notion.site/Lootex-The-GameFi-Asset-Marketplace-Whitepaper-v1-c2ba4e49a42e420ab24805e9733cf01b

Lootex Startup Sale Rules

(1) Duration: 9:00AM 2nd Mar, 2022 - 9:00AM 3rd Mar, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 12:00PM 3rd Mar, 2022 (UTC)
Trading pairs: LOOT/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $1.1)
(4)Startup Supply : 81,818 LOOT
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contribution (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
(9) 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.
(10) 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 before trading starts.