PIVX(PIVX) Startup Free Offering on Gate.io

This PIVX (PIVX) 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 PIVX (PIVX)

PIVX is a community run DAO project that emphasizes on optional privacy with its first ever implementation of zk-SNARKs into a proof of stake blockchain. PIVX is designed to be regulatory compliant, and to scale and maintain efficient speed. Making PIVX an ideal cryptocurrency for traditional payments in the retail sector.

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

Token Information
Token Name: PIVX
Token Symbol: PIVX
Max Supply：N/A
Token Type: Mainnet
Contract:
N/A
Token distribution ratio and unlocking rules:
20 PIV per block, 10 to treasury/dao, 6 to masternodes and 4 to stakers. No vesting period outside of a base maturity for stakers of 600 confirms or 10 hours.

Website: https://pivx.org
WhitePaper ：https://pivx.org/whitepaper

PIVX (PIVX) Startup Sale Rules

(1) Duration: 06:00am Feb 1st, 2024 - 06:00am Feb 2nd, 2024 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 10:00am Feb 2nd, 2024 (UTC)
Trading Pairs: PIVX/USDT
(3) Price: 0 USDT
(4)Startup Supply : 138,122 PIVX
(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.