Swarm Markets(SMT) Startup Free Offering on Gate.io

$0.1763

5.32%

Listing

This Swarm Markets(SMTX) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.

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

Introduction to Swarm Markets(SMTX)

Swarm is a leading category company for tokenization and trading of real world assets (RWAs), such as stocks, bonds, gold and carbon certificates. For trading assets, Swarm provides smart contract based DeFi applications such as dOTC, as well as AMM pools. Swarm has a unique offering of tokenized stocks and bonds, where users can buy and trade tokenized APPLE, TESLA, MICROSOFT and BLACKROCK US Treasury Bond ETFs.

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

Token Information
Token Name: Swarm Markets
Token Symbol: SMTX
(Note: Swarm Markets is taking ticker as SMTX on Gate.io as SMT is already taken by another project. Please make sure to trade the token with the correct token ticker.)
Max Supply：250,000,000
Token Type: ERC-20
Contract:
ERC-20: https://etherscan.io/address/0xb17548c7b510427baac4e267bea62e800b247173
Token distribution ratio and unlocking rules:
The rate at which SMTX tokens enter circulation has been pre-set at the token generation and is controlled by Swarm in order to ensure stable valuation and adequate rewards across the platform’s various stages of growth. Please check details at: https://docs.swarm.com/token/smt

Website: https://swarm.com
WhitePaper ：https://docs.swarm.com

Swarm Markets(SMTX) Startup Sale Rules

(1) Duration: 06:00 am 30th Jan, 2024 - 06:00 am 1st Feb, 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: 10:00 am 1st Feb, 2024 (UTC)
Trading Pairs: SMTX/USDT
(3) Price: 0 USDT
(4)Startup Supply : 266,160 SMTX
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899.
(7) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(8) That multiple 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.