CUBE Network(CUBE) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, Cube Network(CUBE), on June 20th, 2022 at 11:00 AM (UTC).

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

Introduction to Cube (CUBE)

Cube Network is a high-performance, Layer 1 blockchain with a modular architecture that supports multi-chain and cross-chain and is fully compatible with EVM and the Cosmos ecosystem. Vertical splitting to the data availability, execution, and settlement layers allows Cube Network to achieve maximum performance

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

Token Information
Token name: Cube
Token symbol: CUBE
Max Supply: 1,000,000,000 CUBE
Token Type: ERC-20
Token Contract: 0x6df241103F89983b1fB86244C8601E44ea55368C
Token Distribution and Unlocking Rules:
*Validator sale: 3.5%
Locked for two years, then linearly released for one year
*Community Pool: 10%
15% TGE, then linear release for 4 years
*Airdrop/Testnet: 1%
100% TGE
*Private sale: 20%
Locked for 1 year, then linearly released for 2 years
*Team: 15%
Locked for half a year, then linearly released for 3 years
* Ecosystem Fund: 23%
10% TGE, then linear release for 4 years
*Staking reward: 26.5%
Gradually release according to the state of network pledge rate
*Initial liquidity: 1%
Locked in the liquidity pool

Website: https://www.cube.network/
Whitepaper: https://www.cube.network/CubeTechnicalPaper.pdf
Token Information: https://etherscan.io/token/0x6df241103f89983b1fb86244c8601e44ea55368c

Cube Network(CUBE) Startup Sale Rules

(1) Duration: 11:00 AM on June 20th-11:00 AM on June 21st (UTC), 2022 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in Startup Sale, VIP 0 users need to hold of minimum $500 USDT Spot Assets in balance, 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; Market Price(Reference): $8; Startup Supply: 12,500 CUBE
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 11:00 AM on June 20th-11:00 AM on June 21st (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 11:00 AM on June 21st (UTC), 2022, 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.
(11) Trading starts time: 01:00 PM(UTC) on June 21st, 2022