Gate.io Startup Initial Offering: Dreamverse (DV)

Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.

Gate.io Startup will launch its next project with Dreamverse (DV) on Dec 16th, 2021 at 04:00 AM(UTC).

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

Introduction to Dreamverse

Dreamverse is a highly realistic and refined virtual world that restores many stars, top IP worlds such as film and television, animation and games and the real world. Dreamverse is committed to creating a meta universe with high fidelity, refinement, strong visual impact and immersive strong experience. Users can sell, build, share, participate and interact with others to obtain the same sense of existence and experience as in reality. All participants will immerse themselves and jointly create a new world.

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

Token Information

Token name: Dreamverse Token

Token symbol: DV

Max Supply: 2,100,000,000 DV

Token Type: ERC20

Token Contract: 0x2a03a891add2dc6d0f7b94419086630ba5cb65b6

Token Distribution:

*Technology research and development: 30%

Three months after the launch, it will be unlocked linearly in three years

*Private placement: 5%

20% will be unlocked in the previous months, the rest will be unlocked in 6 months, 15% in the first 5 months and 5% in the last month.

*Marketing management: 5%

Locked status, released according to marketing needs

*IP cooperation: 15%

Release according to IP promotion needs (1.27% released)

*Ecological reward: 45%

Locked status, released according to the needs of ecological docking

Website: http://www.dreamverse.pro

White Paper: http://www.dreamverse.pro/pdf/Dreamverse-white-paper.pdf

Token Information: https://etherscan.io/token/0x2a03a891add2dc6d0f7b94419086630ba5cb65b6

Dreamverse (DV) Startup Sale Rules

(1) Duration: 04:00 AM on Dec 16th – 04:00 AM on Dec 17th (UTC), 2021 (Orders placed by qualified users within these 24 hours will be treated equally.)

(2) To participate in Startup Sale, users will need to be VIP1 and above.

(3) Price: 0.02USDT/DV; Startup Supply : 15,000,000 DV

(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:

the maximum number of subscriptions (not the final actual subscription 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

(5) Unlocking Rule: Unlock

(5) Users place orders using USDT.

(6) Users can place orders from 04:00 AM on Dec 16th – 04:00 AM on Dec 17th (UTC), 2021. 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 purchase once with each KYC account.

(9) After 04:00 AM on Dec 17th (UTC), 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: 10:00 AM on Dec 17th (UTC)

Gate.io Labs Investment Participating Disclosure

Gate.io Labs didn’t invest in Dreamverse

Attention

(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.

(2) Risk Warning:

– The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don’t invest beyond your financial capacity.

– The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.

– Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.

– The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.

– Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.

(3) Requirements for participants

– The participant should register on Gate.io and Log in;

– After logging in, complete user identity verification;

– Deposit a certain amount of cryptocurrencies in your gate.io account;

– Sign the Purchase Agreement on Startup before placing orders.

Gate will open an Automated Market Maker (AMM ) for DV, and launch an AMM “liquidity-mining” rewards. Users who provide market liquidity by inserting liquidity in will get rewards from the liquidity pool transaction fee and GT token rewards from the liquidity reward pool. High annual rate rewards with security.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automated market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)

2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.

3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.

4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.

5) Liquidity providers can take bonus and withdraw at any time

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Gate.io Team

Dec 13th, 2021