Gate.io

Sale Rules

(1) Duration: 04:00 – 10:00(UTC), March 20th 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)

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

(3) Price: 0.01 USDT/TARA. （OptionB of Taraxa Public Sale）

Startup Supply : 30,000,000 TARA

Unlocking rules: 10% will be released After Listing, the remaining part will be unlocked linearly in 4 quarters.

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

the maximum number of subions (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 shares

VIP3 users can subscribe up to 3 3 10 = 90 shares

(5) Users place orders using USDT.

(6) Users can place orders from 04:00 – 10:00(UTC), March 20th 2021. Orders placed by qualified users within these 6 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 10:00 (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. The final result will be announced two hours later at 12:00(UTC), March 20th, 2021.

(10) Trading starts time: March 23th 13:00(UTC)