What is Ultrain?
Ultrain is the next generation public-blockchain technology venture that focuses on building a high performance decentralized blockchain platform through its programmable tech-infrastructure. Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. With its groundbreaking innovations in cryptography and based upon a complete decentralized public network, Ultrain is able to provide multi-folds more advanced technical performance to fundamentally solve the performance and scalability issues comparing to other traditional public blockchain platforms. Ultrain’s token is named UGAS.
What is UGAS Genesis Mining?
UGAS Genesis Mining is an event that starts 24 hours prior to the public debut of UGAS/ETH and UGAS/BTC trading pairs. Only whitelisted users may participate in the Genesis Mining event. During this event, users can trade on the Bgogo platform and receive a 105% trading fee rebate in the form of UGAS tokens. Given the fact that no UGAS trading pairs will be listed during the Genesis Mining event, the value of UGAS will be pegged to ETH at the same price as private sale. This means that whitelisted users can enjoy an extra 5% bonus on top of private sale price, with absolutely NO lockup. The rebate will be paid out to users’ accounts in only 30 minutes after the trade.
Note: During the UGAS Genesis Mining period, trade mining will only rebate UGAS. After UGAS Genesis Mining, Bgogo platform will continue to rebate BGG tokens.
Genesis Mining rules：
- Users are whitelisted based on their performance on the “UGAS Proof of Love” contest.
- Users must have held at least 1 ETH equivalent BGG（30000 BGG） for at least 7 consecutive days, within the time period from the first day of the contest until the end of UGAS Genesis Mining event.
- During Genesis Mining, the total cap of minable UGAS will be 6,300,000.
- During Genesis Mining, personal caps granted will start from 2,100 UGAS. The higher quality of the works submitted, the higher the allocation. The platform will inform the user once their cap has been reached thus no additional UGAS tokens will be allowed to be mined for the remainder of the event.
- UGAS private sale price is 1 ETH = 2,000 UGAS.
- APIs are strictly forbidden during this event.
- No UGAS trading pairs are listed during the Genesis Mining event. Therefore, the value of UGAS will be pegged to ETH at the same price as the private sale. This means that whitelisted users can obtain UGAS tokens at private sale price with a 5% bonus.
How to Get Whitelisted for UGAS Genesis Mining?
UGAS Proof of Love
Users are whitelisted based on their performance in the “UGAS Proof of Love” contest. There are three tiers of mining allocation rewards. The higher quality of the works, the more allocations will be granted.
Tier 1: 40 contestants, each granted a personal cap of 10 ETH;
Tier 2: 200 contestants, each granted a personal cap of 3 ETH;
Tier 3: 2000 contestants, each granted a personal cap of 1 ETH;
To participate in the “UGAS Proof of Love” contest:
Step 1: Contestants must submit one or more of the following: original articles, posters, or YouTube videos promoting Ultrain. We love creativity and surprises!
Submissions must include at least one of the following themes:
What makes Ultrain special? What are the differences between Ultrain and other public chain projects? What are the advantages of Ultrain’s technology?
In what ways can Ultrain’s public chain be applied in the future? What famous institutions are investors in Ultrain?
Step 2: Submission must be uploaded on social media platforms including but not limited to: Twitter, WeChat Moments, Tik Tok, YouTube, Reddit, Steemit, Medium, and Facebook. These postings are expected to be up for enough time to generate likes, comments and shares. All submission must include Ultrain’s official website: Ultrain.io.
Step 3: Send the link of your submission on social media to Bgogo’s official Telegram group and a copy to them at events@bgogo.com with subject: Ultrain POL Contest_<YOUR UID>. Please include your Bgogo UID in order to link your submissions to your Bgogo account.
The POL contest will run from September 26th to October 6th, 2018. The Ultrain (UGAS) White List will be published on the Bgogo website on October 8th, 2018. The white list winners will be announced during Ultrain’s product launch during San Fransisco Blockchain week! The winner also get a chance to be invited to attend the product launch to have face to face meetings with the founders.
Terms and Conditions
The Genesis Mining event lasts 24 hours and will occur immediately prior to UGAS trading pairs official listing exclusively on the Bgogo Exchange. Only whitelisted users may participate in the Genesis Mining event and will receive a 105% trading fee rebate in the form of UGAS tokens within 30 minute of the trade. This means that whitelisted users can enjoy an extra 5% bonus of UGAS tokens on top of our private sale, with NO lockup.
Note: Users that are not granted a tier ranking (1st, 2nd, or 3rd) may still get rewarded for allocations for participation of the contest.Awards for participation will be detailed in a future announcement.
“I am a huge fan of Bgogo and Ultrain but………I’m not a writer! I can’t even draw a stick! And I am way too shy in front of a camera! Is there any other way I can still get whitelisted?”
There sure is!
There’s one more option for you to get on the Genesis Mining ride! You can share our promotional posters, related media coverage, short messages with thoughts and comments on the social media platform of your choosing! Easy, right? You will still have a chance to get whitelisted if you send us snapshots or any proof of your love for UGAS. Please send them to bgogo’s official email address: events@bgogo.com with subject: UGAS POL Contest_<YOUR Bgogo UID>. Please include your Bgogo UID in order to link your submissions to your Bgogo account.
Bgogo reserve the rights of final explanation. Thanks for your support!
Ultrain Twitter: @UltrainB
Ultrain Telegram: @ultrainchain / @Ultrain_CN
Ultrain LinkedIn: @ultrain
Ultrain Facebook: @Ultraincommunity
Ultrain Medium: @UltrainCommunity
Ultrain Website: ultrain.io
Bgogo Telegram(EN): t.me/Bgogo
Bgogo Telegram(CN): t.me/BgogoChinese
Bgogo Facebook: facebook.com/BgogoExchange
Bgogo Twitter: twitter.com/BgogoExchange
