Babylons(BABI) Startup Free Offering on Gate.io
BabylonsThis Babylons(BABI) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of event.
Startup Link: https://www.gate.io/startup
Introduction to Babylons(BABI)
Babylons is the first community-governed NFT marketplace and the leading blockchain game aggregator on BSC, with its 100 gaming partners and a young and active following of GameFi enthusiasts. For its gaming partners, Babylons offers Initial NFT Offering (INO) hosting and secondary sales services tailored to their exact needs. Babylons has a vibrant gaming community that is eager to participate in new gaming projects' private, public token offerings & IDOs; while the platform aims to democratize this process with its innovative mechanisms. Babylons' developers are some of the best in the industry, and the platform provides Blockchain as a Service (BaaS) solutions to many of its partners. Babylons provides SDKs, Whitelabel NFT marketplaces, token, and NFT multi senders to its partners as BaaS solutions. We receive payments with BABI for such services. Last but not least, Babylons recruited a game development team consisting of 7 people in order to develop its own blockchain game and secure its strong position in the blockchain game industry.
(The information below is provided by the Babylons(BABI) team. Please follow Babylons(BABI) for more information）
Token Information
Token name: Babylons Governance Token
Token symbol: BABI
Max Supply: 193,960,768
Token Type: BEP20
Contract: 0xec15a508a187e8DDfe572A5423Faa82Bbdd65120
Token distribution ratio and unlocking rules:
Team 12.5%：6 months lock. Then, 12 months linear vesting
Marketing 10.0%：3 months lock. Then, 10 months linear vesting
Advisor 5.0%：1 month lock. Then, 10 months linear vesting
Seed Round 3.5%：5% at TGE, 15% on month 2 and 10% every month afterwards
Strategic Round 5.7%：5% at TGE, 20% on month 2 and 15% every month afterwards
Private Round 6.3%：10% at TGE, 20% for month 2 to 4 and 30% on month 5
Public Round 4.0%：20% at TGE, 20% every 2 weeks afterwards
Community Rewards 42.5%：Weekly rewards drops for users over 7 years
DAO Foundation 6.5%：8 months lock. Then, 10 months linear vesting
Exchange Liquidity 4.0%：50% used at TGE and 50% for future listings
Website: https://babylons.io/
WhitePaper : https://babylons.io/assets/litepaper.pdf
Babylons Startup Sale Rules
(1) Duration: 04:00am 23rd Mar, 2022 - 04:00am 24th Mar, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 07:00am 24th Mar, 2022 (UTC)
Trading pairs: BABI/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $0.066835)
(4)Startup Supply : 1,496,233 BABI
(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 contributions (not the final actual contribution 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.
