Parex(PRX) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, Parex Ecosystem(PRX), on April 10th, 2023 at 10:00 AM (UTC).

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

Introduction to Parex Ecosystem(PRX)：

Parex is a truly decentralized blockchain mining project with a new generation environmentalist and deflationary approach. It supports decentralized structures with its own decentralized exchange and Parex Chain project. Parex encourages the use of blockchain mining and technology without running out of energy resources around the world. Parex offers users a new technology and perspective on classical bitcoin mining. We don’t know of any other project in the ecosystem that has its own chain network and can mine a decentralized blockchain.

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

Token Information
Token name: PAREX
Token symbol: PRX
Max Supply: 77,000,000
Token Type: BEP-20 , ERC-20
Token Contract:
0x90E3414e00E231B962666Bd94ADB811D5bcD0c2a
0xADfb28426864c0fF169f5DceAd2EfDd09e0DeEC9
Token Distribution and Unlocking Rules:
*Parex Token: 100%
100% TGE, burn to mint
Halving time & mint rate:
2021-2022: 140%
2022-2023: 68%
2023-2024: 35%
2024-2025: 21%
After 2025: 15%

Website: https://www.parex.market/
Whitepaper: https://parex.market/parexwp.pdf
Token Information: https://bscscan.com/token/0x90E3414e00E231B962666Bd94ADB811D5bcD0c2a
https://etherscan.io/token/0xADfb28426864c0fF169f5DceAd2EfDd09e0DeEC9

PAREX(PRX) Startup Sale Rules

(1) Duration: 10:00 AM on April 10th-10:00 AM on April 11st (UTC), 2023(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, 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; Startup Supply: 30,000 PRX
(4) Purchase limit: The maximum subscription limit is 1500 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892
That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
(5) Unlocking Rule: Unlock
(6) Users can place orders from 10:00 AM on April 10th-10:00 AM on April 11st(UTC), 2023. Orders placed by qualified users within these 24 hours will be treated equally.
(7) 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.
(8) Each type of currency can only be purchased once with each KYC account.
(9) After 10:00 AM on April 11st (UTC), 2023, 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.
(10) Trading starts time: 01:00 PM on April 11st (UTC), 2023