Cloudname(CNAME) Startup Free Offering on Gate.io

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

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

Introduction to Cloudname(CNAME)

Cloudname is the #1 platform for domain names trading. With a user-friendly interface and innovative custom tools, Cloudname makes it easier than ever to tokenize, rent, and trade domain names.

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

Token Information
Token name: Cloudname
Token symbol: CNAME
Max Supply：380,000,000
Token Type: ERC-20
Contract: 0x948A5DC885d103Eb2B889CEb29Be42bC36Df516C
Token distribution ratio and unlocking rules:

• Seed: 8% unlock 10% day 1, 15 month linear vesting
• Strategic: 15% unlock 15% day 1, 12 month linear vesting
• IDO: 1% no lockup
• Market and liquidity: 20% unlock 4% day 1, 12 month linear vesting
• Marketing and community : 15% unlock 2% day 1, 12 month linear vesting
• Development: 20% 12 month linear vesting
• Foundation: 6% 4 month locked from IDO, 20 month linear vesting m after 4 month
• Team and Advisors: 15% 4 month locked from IDO, 20 month linear vesting after 4 month

Website: https://cloudname.com/en/
WhitePaper ：https://www.cloudname.io/wp-content/uploads/2021/12/Cloudname_Token_Pitch_WEB.pdf

Cloudname Startup Sale Rules

(1) Duration: 16:00 24th Feb, 2022 - 16:00 25th Feb, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 13:00 26th Feb, 2022 (UTC)
Trading pairs: CNAME/USDT
(3) Price: Public Sale Price: $0.06
(4)Startup Supply : 1,000,000 CNAME
(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.

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