Gate.io Startup Initial Offering: MELI(MELI)

Gate.iohaslaunchedStartup,aplatformthataimstoprovideuserswithaccesstoinnovativeandadvancedprojects.Tradersnowhavemoreopportunitiestomakeaninitialinvestment.

Gate.ioStartupwilllaunchitsnextprojectwithMELI(MELI)onNovember3rd,2021at08:00AM(UTC).

StartupLink:https://www.gate.io/en/startup

IntroductiontoMELI

MELIisaPVP/PVEbattlegameutilisingfullyplayableNFTswithindividualcharacteristics,in-gameitemsandlandguilds.PlayerscanbattlePvPorPvEtoearnMELIorPCEtokenrewards,upgradecharactersanditems,increaserankingandevencombinetwoNFTstocreateauniquecharacterNFTwithspecialabilities.AllNFTsintheMELIverseareplayableineveryotherMELIversegame,unleashingthefullpotentialofGamefi.

(TheinformationbelowisprovidedbytheMELIteam.Pleasefollowwebsiteformoreinformation)

TokenInformation

Tokenname:MELI

Tokensymbol:MELI

MaxSupply:1,000,000,000MELI

TokenType:BSC-BEP20

TokenContract:0xaD04AC36791d923DeB082dA4f91Ab71675dD18fB

TokenDistribution:

*Staking:35%

*Team:15%

1%releaseattheTGE,1yearcliff,then1.75%every6month

*GameRewards:30%.

*Investor:12%

2yearsvestingforprivateinvestors,20%releasedevery6months,100%unlockedforretailbuyers

*DevGrants:8%

0.8%releaseevery6months

Website:https://meli.games/

Whitepaper:https://meli-games.gitbook.io/white-paper/

TokenInformation:https://bscscan.com/address/0xaD04AC36791d923DeB082dA4f91Ab71675dD18fB

MELIStartupSaleRules

(1)Duration:08:00AM(UTC),November3rd-08:00AM(UTC),November4th,2021(Ordersplacedbyqualifieduserswithinthese24hourswillbetreatedequally.)

(2)ToparticipateinStartupSale,userswillneedtobeVIP1andabove.

(3)Price:0.05USDT/MELI.StartupSupply:4,000,000MELI

(4)Purchaselimit:Themaximumsubscriptionlimitforasingleuseris1000shares;therelationshipbetweentheVIPlevelandthemaximumsubscriptionallocationis:

themaximumnumberofsubscriptions(notthefinalactualsubscriptionnumber)=thesquareoftheVIPlevelmultipliedby10.Forexample:

VIP2userscansubscribeupto2*2*10=40shares

VIP3userscansubscribeupto3*3*10=90shares

(5)UnlockingRule:Unlock

(6)UsersplaceordersusingUSDT.

(7)Userscanplaceordersfrom08:00AM(UTC),November3rd-08:00AM(UTC)November4th.Ordersplacedbyqualifieduserswithinthese24hourswillbetreatedequally.

(8)Usersneedtoensurethatthereissufficientbalance(exceedingthepurchasevalue)inaccountsforthepurchaseafterplacingtheordersuntilweannouncethesaleresult.Aninsufficientbalancewillresultinthecancellationofthepurchaseorder.

(9)EachtypeofcurrencycanonlypurchaseoncewitheachKYCaccount.

(10)After08:00AM(UTC),November4th,wewillcollectallthequalifiedordersanddistributethetokensaccordingtotheratiooftheindividualpurchaseorderstothepurchaseordersintotal.

(11)Tradingstartstime:02:00PM(UTC),November4th2021

Gate.ioLabsInvestmentParticipatingDisclosure

Gate.ioLabsinvestedinMELI

Attention

(1)Countriesnotsupported:Afghanistan,Albania,Belarus,BosniaandHerzegovina,Burundi,Burma,Canada,China,DemocraticRepublicofCongo,Cuba,Ethiopia,Guinea-Bissau,Guinea,Iran,Iraq,Japan,Liberia,Lebanon,Libya,Macedonia,Malaysia,NewZealand,Serbia,SriLanka,Sudan,Somalia,Syria,Thailand,TrinidadandTobago,Tunisia,Uganda,Ukraine,UnitedStatesofAmerica,Venezuela,Yemen,Zimbabwe.

Forusersfromothercountries,pleasecheckandmakesureyourparticipationinthetokensaleonStartupcomplieswithlocallawsandregulations.

(2)RiskWarning:

-Theprojectteamdoesnotguaranteethattokenpricewillnotbelowerthanitsstartupsaleprice.Pleaseinvestwithcaution,anddon'tinvestbeyondyourfinancialcapacity.

-Thestart-upprojectisstillinitsinitialstage,factorsincludingtheoperationandunderlyingtechnologyoftheproject,andotherrelatedregulatoryactivitiesmightcontributetosignificantrisks.

-Advancedtechnicalandfinancialknowledgeisrequiredtounderstand,andevaluatetheinherentrisksofcrypto-assetinvestment.

-Themarketvolatilityishigh,andthepriceofatokenmightfluctuatedrasticallyduetotechnical,regulatory,andmarketingfactors.

-UsersmaynotbeabletowithdrawallthepurchasedtokensduetotechnicalissuesoftheprojectorGate.io.

(3)Requirementsforparticipants

-TheparticipantshouldregisteronGate.ioandLogin;

-Afterloggingin,completeuseridentityverification;

-Depositacertainamountofcryptocurrenciesinyourgate.ioaccount;

-SignthePurchaseAgreementonStartupbeforeplacingorders.

GatewillopenanAutomatedMarketMaker(AMM)forMELI,andlaunchanAMM"liquidity-mining"rewards.UserswhoprovidemarketliquiditybyinsertingliquidityinwillgetrewardsfromtheliquiditypooltransactionfeeandGTtokenrewardsfromtheliquidityrewardpool.Highannualraterewardswithsecurity.

AMMTradingMarketandAMMLiquidityMining

Gate.iohaslaunchedanewversionoftheliquiditypool(centralizedautomatedmarketmaker(AMM)transactionservice)onAugust1st,2021:allowingmostofthenewcurrencyandnon-mainstreamcurrencymarketstoobtainthesameliquidityadvantageasUniswap,andallowsuserstoenjoythelow-costandhigh-qualityuserexperienceofthecentralizedplatform.Gate.iowillcontinuetoadddifferentcurrencies,pleasepaycloseattentiontofollow-upannouncements.

TherulesformarketstoupgradetotheAutomatedMarketMaker(AMM)modelareasfollows:

1)Fixed0.3%commissionfeeforbothTakerandMaker(temporarilyconsistentwithUniswap,subjecttotheneedsofbothmarketparties)

2)Afixedpercentage(suchas50%)ofthetransactionfeewillautomaticallybechangedintoGTthroughtheopenmarketandputintotheAMMRewardPool.

3)Anyonecanbecomealiquidityprovider(LP)andgetthetransactionfeerewardsfromtheliquiditypoolandtheGTrewardsthatareinvestedintheliquiditybonuspool.

4)Liquidityprovidersprovideliquiditytothemarket,buttheyneedtobearinmindtheriskofimpermanentlosses.Forexample,ifthemarketpricedoubles,theimpermanencelossisabout7%,andifthemarketpricedropsbacktotheoriginalpoint,theimpermanencelossdisappears.

5)Liquidityproviderscantakebonusandwithdrawatanytime

Gate.ioisaCryptocurrencyTradingPlatformSince2013

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Signuptoenterthecryptogatewayandget40%commissionfromreferrals

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Medium:https://medium.com/@gateio

Gate.ioTeam

November3rd,2021

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