Gate.io Startup Initial Free Offering: Omega Network(OMN) and Announcement of Free Distribution Rules (370,000 OMN free of charge)

About Gate.io Startup Free Airdrop ProgramIn 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, Omega Network(OMN), on June 15th, 2023 at 07:00 AM (UTC).

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

Introduction to Omega Network(OMN)：

Omega Network is an innovative proof of networking social chain designed to create a secure, high-performance, and stable decentralized social platform. By incorporating cutting-edge cryptographic technology, a highly scalable consensus algorithm, and user-friendly design, Omega Network empowers users worldwide to communicate, share information, make payments, and create decentralized applications while ensuring personal privacy and data security.

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

Token InformationToken name: OmegaToken symbol: OMNMax Supply: 970,000,000 OMNToken Type: Native tokenToken Contract: N/A

Token Distribution and Unlocked Rules:*User mining: 30.5%TGE unlocks 25%, after the token launch, 1% of the remaining locked tokens will be unlocked daily.

*Node mining: 35%TGE0%, no cliff, unlock weekly, linearly vesting over 5 years.

*Seed/private: 4%TGE unlocks 25%, no cliff, unlocked 15% monthly.

*Public Sale: 1%50% unlockd at TGE, with monthly linear vesting over 5 months.

*IDO: 0.5%Entirely burned.

*Treasury 10%TGE unlocks 5%, 1 month cliff, linear vesting over 3 years.

*Reserve: 5%TGE unlocks 0%, 1 month cliff, linear vesting over 3 years.

*Staking reward: 5%TGE unlocks 10%, no cliff, unlocked weekly, linear vesting over 27 years.

*Exchange and Liquidity: 9%TGE unlocks 25%, no cliff, monthly linear vesting over 3 years.

Website: https://omtch.com/Whitepaper: https://omeganetwork.gitbook.io/omega-network-whitepaper/Token Information:The native token of the mainnet does not possess a contract address.

Omega Network(OMN) Startup Sale Rules(1) Duration: 07:00 AM on June 15th-07:00 AM on June 16th (UTC), 2023 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: 370,000 OMN(4) Purchase limit: The maximum subscription limit is 1480 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour 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 07:00 AM on June 15th-07:00 AM on June 16th(UTC), 2023.Orders placed by qualified users within these 24 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 07:00 AM on June 16th (UTC), 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: 10:00 AM on June 16th (UTC), 2023

Gate.io Labs Investment Participating DisclosureGate.io Labs didn't invest in Omega Network

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.