The Announcement on 99Ex to Start the First Phase of IEO Project TUBI
Dear 99Ex users,
99Ex has been working to find digital assets projects with potential for development, and the launch of IEO is to help platform participants around the world to get opportunities to participate in high-quality projects, and also to help project teams get funding and community support to promote project development.
After a period of observation and research on IEO, the platform team from the project background, project landing, project marketing and other aspects of evaluation, select the first 99Ex IEO project: TUBI.
TUBI Project Profile:
TUBI is a decentralized social media platform based on block chain technology, which allows users to publish photos and videos, and the content released by users will be stored safely and encrypted, and the copyright management will be carried out. Combining state-of-the-art cryptography and step-by-step bookkeeping technology, users can safely share photos and videos and sell their original content on our social platform. Under the premise of guaranteeing the user experience, the platform introduces the advertising system. The platform does not participate in the advertising commission. The content created by users will be divided into advertisements according to the amount of visitors.
TUBI Details:
Total Circulation: $12 billion
Seed Round: proportion: 8% unlock after 2 years
Founding Team: 12% unlock after 2 years
Promotion and Channel Advisory Team: 10% unlock after 2 years
Content Copyright Construction: 30% unlocked after 2 years
Directional Swaps Among Invited People: 40% of them are distributed in a linear way within three years (the current market circulation is 140 million).
Sales of TUBI Before Its Launch:
Seed Round: 960 million price: 0.001 USDT 2 years later unlock
Private Players: None
Public Offering Rounds: none
IEO Round: 360 million price: 0.001 USDT ~ 0.0012 USDT unlocked warehouse
Purchase Time:
Round
Time
Price
Total Amount
First
2019.8.5 12:00
0.001USDT
160,000,000
Second
2019.8.6 12:00
0.0012USDT
200,000,000
Total Purchases: 360 million pieces
Purchase Support Currency: USDT
Online Trading Time: 17:00 on August 6th, 2019 HKT
Open Recharge & Withdrawal Time: 17:00 ON August 7, 2019 HKT
Participation Conditions:
Complete KYC2 certification at 99Ex, limited web page participation
Snap up Rules:
1. The snapping up rules refer to the “Announcement on the Upgrade of 99EX Space Station Sales Rules”;
2. All users can participate, but ones who hold 99B continuously will get a higher winning factor. The average value of the 99B snapshot on the 3rd day before the reservation is determined, that is, the first round of the winning bid is from August 2, 2019. As of August 4, the position is determined by winning factors. The second round of the buy-in is determined by the position from August 3 to August 5, 2019; the corresponding coefficient of each user will be displayed on the activity page before the purchase;
3. The single purchase limit is 100,000 TUBI; the single account purchase limit is 500,000 TUBI; each account can participate in two snaps, USDT must be in the Capital Account to participate in the snap, please transfer the USDT to the Capital Account in advance;
4. This round of rushing to set up 2 times the excess booking limit, to reach the total amount of reservations or sales time to enter the winning statistics section，deduct the USDT of the subscription success and distribute the corresponding TUBI for the user.
Subscription and Distribution:
99Ex will unlock the USDT of the subscriber lock subscription before the official launch of the TUBI on August 7th at 17:00, Risk Warning:
Due to possible changes in national regulatory policies, including users in the United States, China, Singapore and other countries and regions, please consult your local lawyers before participating in the transaction in order to strictly abide by domestic laws and regulations and avoid unnecessary losses. 99Ex reserves the right to terminate services to users who may violate the laws of the country in question at any time.
The trading of digital assets is extremely risky, and price fluctuations are often huge. Investing in digital assets may be subject to risks such as price manipulation, disbanding of project teams, failure to achieve business value, loss of assets, failure of product development, and termination of transactions. Please be cautious in the risk of your own losses, on the premise of risk!
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The final interpretation of this event belongs to 99Ex!
99Ex
July 31, 2019
