Gate.io Startup BRC20/Ordinals Free Offering: $trac (TRAC) and Announcement of Free Distribution Rules (102,005 TRAC free of Charge)

About Gate.io Startup Free Airdrop Program.In order to reward platform users, Gate.io 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.io Startup will launch its next project, $trac (TRAC), on May 11th, 2023 at 11:00 AM (UTC).

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

Introduction to $trac (TRAC):Trac is an infrastructure project within Ordinals that aims to provide a decentralized system for tracking and accessing Ordinals-related metaprotocols, such as BRC20, sats domains, and more. The decentralized system will offer incentives to secure the tracking network and enable voting on new and updated protocols, as well as general governance.

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

Token InformationToken Name: TRACToken Symbol: TRACMax Supply：21,000,000Token Type: BRC 20Token Info: https://unisat.io/brc20/tracToken Distribution and Unlocked Rules:100% Fair distribution.Fully liquid, no set-aside, no lock-up.

Website: https://rarity.gardenWhitepaper: in progress

$trac (TRAC) Startup Sale Rules(1) Duration: 11:00 AM UTC on May 11th - 00:00 AM UTC on May 12th (Orders placed by qualified users within these 13 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: 102,005 TRAC(4) Purchase limit: The maximum subscription limit is 1000 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.(5) Unlocking Rule: Unlock(6) Users can place orders from 11:00 AM UTC on May 11th - 00:00 AM UTC on May 12th, 2023. Orders placed by qualified users within these 13 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 be purchased once with each KYC account.(9) After 13:00 PM UTC on May 11th, 2023, 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.(10) Trading starts time: 03:00 AM UTC on May 12th, 2023

Gate.io Labs Private Sale Participating DisclosureGate.io Labs hasn't participated in the TRAC investment.

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.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.

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Gate.io TeamMay 11th, 2023