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Constellation(DAG) Startup Free Offering on Gate.io
This Constellation (DAGX) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.
Startup Link: https://www.gate.io/startup
Introduction to Constellation (DAGX)
Constellation Network leads Web3 with a blockchain infrastructure that positions businesses at the forefront of data and commerce in the stakeholder economy and helps individuals become datapreneurs. We’ve hosted 70 companies in our accelerator program and helped them build world-class applications, including Alkimi and Geojam. Our Hypergraph network 1.0 is validated by 120 full nodes that earn our DAGX cryptocurrency for maintaining the state of the network. We’re also distinguished by our two layers of consensus, L0 and L1, which achieves speed and scalability. Recently, we introduced the Dor Traffic Miner, a data-collection and analysis device that also earns crypto for the owner.
(The information below is provided by the Constellation (DAGX) team. Please follow Constellation (DAGX) for more information)
Token Information
Token name: Constellation
Token symbol: DAGX
Max Supply:3,693,588,685
Token Type: Native token of the Hypergraph network
Contract: N/A
Token distribution ratio and unlocking rules:
Founders: 7.2%, 5% at 6-month cliff, 20% at 12-month cliff, prorated monthly, 4 years vesting from 1st June 2018
Partners & Advisors: 13.43%, vesting from 1st June 2018 up to 3 years
Foundation Tokens: 19.12%, vesting in 8 years, 6-month cliff, prorated monthly, from 1st June 2018
Community Tokens: 2%, No lockup
Validator Rewards: 40%, Mining rewards over 10 years
Private Sale: 18.25%, discounted tokens locked for 6-months, from 1st June 2018
Website: https://constellationnetwork.io/
Whitepaper:https://github.com/Constellation-Labs/whitepaper-business/blob/master/Constellation Labs - Business Whitepaper v1.0.pdf
Constellation (DAGX) Startup Sale Rules
(1) Duration: 07:00 AM March 23rd, 2022 - 07:00 AM March 24th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 10:00 AM March 24th, 2022 (UTC)
Trading pairs: DAGX/USDT, DAGX/ETH, DAGX/BTC
(3) Price: 0 USDT(Secondary Marketing Price: $0.158862)
(4)Startup Supply: 944,216 DAGX
(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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