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Gate.io Startup Initial Offering Spherium

2021-05-15 16:42:50Read:297564

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.

Startup Link: https://www.gateio.ch/startup

Introduction to Spherium
Spherium offers a complete suite of financial services comprising of a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Spherium will function as a global financial service provider, extending fundamental financial services to the unbanked.HyperSwap: Decentralized Asset Swap based on an automated market-making mechanismSphereComp: Decentralized money markets where investors can lend or borrow digital assets with interest rates determined by the law of supply and demandSpherium Wallet: Decentralized and Secure Wallet for Spherium products and ServicesSpherium provides a single platform for multi-asset, cross-chain swaps, crypto financing solutions, and cross-chain operability. Spherium introduces user-friendly interfaces, sophisticated financial services to the world of DeFi.Spherium is a leading fintech platform in the Decentralised Financial sector. Spherium unifies the current scattered DeFi landscape by creating a suite of financial services for a global audience.

(The information below is provided by the Spherium team. Please follow Spherium for more information)
Token Information
Token name: Spherium
Token symbol: SPHRI
Max Supply: 100,000,000 SPHRI
Token Type: ERC20
Contract: Disclosed closer to the IDO
Token distribution ratio and unlocking rules:
16% Spherium Team
24% Eco Development
10% Seed Round
13.2% Private Sale
1% Public Sale
1.8% Strategic Round
12% Marketing Expenses
3% Legal/Administration Expenses
18% Protocol Emission and LP Rewards
Website:https://spherium.finance
WhitePaper :https://spherium.finance/static/media/whitepaper.155bde27.pdf

Spherium Startup Sale Rules
(1) Duration: 11:30 21st May, 2021 - 09:30 22nd May, 2021 (UTC)(Orders placed by qualified users within these 22 hours will be treated equally.)
(2) Trading starts time:The token generation event, to be announced.
(3) Price: $0.195
(4)Startup Supply :128,205.128 SPHRI
(5) Users purchase using USDT.
(6) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(7) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:the maximum number of sub-scrip-tions (not the final actual subion number) = the square of the VIP level multiplied by 10. For example:VIP2 users can subscribe up to 2 * 2 * 10 = 40 sharesVIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(8) 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.
(9) 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 at 12:30 22th May, 2021 (UTC).

Gate.io Labs Private Sale Participating Disclosure
Gate.Io Labs participated in the investment of Spherium.

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 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.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
May 15, 2021

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