DinoX Announces Initial Exchange Offering(IEO) on Gate.io
DinoX is proud to announce our Initial Exchange Offering (IEO) on Gate.io Startup Launchpad in conjunction with DAO Makers Strong Holders Offering (SHO) on July 26th, 2021 at 10:00 AM UTC. We are excited to be working with Gate.io to further build and strengthen our community via this IEO.
- Startup supply: 1,400,000 DNXC; Vesting: 20% on TGE, 3 months cliff, 4.44% monthly distribution for 18 month; Price:$0.025
- Payment currency: USDG, Lockup currency: DAO
- Eligible participants: agree to lock up DAO for a period of 15 days. Individual cap is 20000 DAO.
- Token distribution: participants get a proportional amount of DNXC tokens to their share of DAO tokens locked up on Gate.io.
- The DNXC tokens will not be released until the Token Generation Event. Users won’t get any DNXC token immediately after the Gate.io startup sale.
- The startup sale is designed for DinoX’s DAO Maker SHO portion.
- The cryptocurrency market is highly volatile. The project team does not guarantee that the token price will not be lower than SHO price.
Rules of DinoX’s DAO SHO Portion Sale on Gate.io’s Startup:
- Order Duration: July 26th 10:00:00 AM — July 27th 2:00 AM UTC
- To participate in Startup Sale, users should agree to lock up DAO for a period of 15 days.
- Users can place orders by agreeing to locking up DAO for 15 days
- Users can place orders from July 26th 10:00:00 AM — July 27th 2:00 AM UTC. Orders placed by qualified users within these hours will be treated equally.
- Users need to ensure that there is sufficient balance of DAO (the full amount you agree to lockup for 15 days) and USDG (amount to pay for DNXC token actually purchased) in accounts after placing the orders. An insufficient DAO balance will result in the cancellation of the purchase order.
- Each individual can only purchase once with an account passing KYC.
- After July 27th 2:00 AM UTC, we will collect all the qualified orders and calculate the result and announce the result in 2 hours. USDG to pay for Participant’s DNXC token purchase will be deducted from the participant’s account and the amount of DAO the participant agrees to lockup when placing orders will be locked for 15 days. Participants will receive a proportional amount of DNXC tokens to their share of DAO tokens locked up on Gate.io according to the token release schedule at the TGE (the token generation event, estimated in July / August 2021).
Further information of the IEO on Gate.io Startup can be found at https://bit.ly/DinoXGateioIEO
DinoX World is a combat and strategy game in a sandbox environment. A beloved gameplay genre blended with a fan-favorite theme of dinosaurs. Players build dino kingdoms, rally resources to expand, build combative skills to occupy others, and due to the benefits of the metaverse, retain true ownership of the game.