LABEL Foundation’s LBL Token is now listed on Gate.io Exchange
LABEL is an innovative NFT infrastructure built on top of the Ethereum Network, powered by the LBL utility and governance token. It aims to establish a fair ecosystem for sharing and integrating IP rights. LABEL provides a decentralized P2P incubating platform to access world-class entertainment-education content through the DAO voting system, enabling contributors to participate in the NFT shareholding mechanism.
Dear LABEL Community,
We are thrilled to announce that following on our consistent progress, LABEL Foundation is now officially listed on Gate.io Exchange. The LBL token will be listed on 22nd July, 2022 and will be first featured on Start-Up Offering on Gate.io. The LBL tokens will be supported both on BNB Chain and Ethereum Networks. LABEL Foundation is conducting the listing via a Non-Initial Start-Up Offering. This will provide free distribution of LBL tokens exclusively to Gate.io users that will stake their USDT tokens, which are refundable.
LABEL & Gate.io Listing Details:
📌Trading Start: 2022.07.22 at 7 PM KST (10 AM UTC)
📌Trading Pair: LBL / USDT (both BEP-20 and ERC-20)
Before the trading starts, the LABEL Foundation will carry out the start-up offering, where more than 10 million LBL tokens will be distributed among the stakeholders. The Start-Up Offering starts on July 21st 2022 at 6:00 AM (UTC).
👉Learn more here: https://www.gate.io/startup/551?is_phone=1&device_type=&appLang=&is_night=&sign=&uid=
Gate.io Start-Up Free Offering: LABEL Foundation
In order to reward platform users, Gate.io launched the “Startup Project Free Airdrop Program”. Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits. Around 10,488,117 LBL will be distributed to the users of Gate.io. Here are the details:
The Gate.io will feature LABEL Foundation(LBL) , on July 21st 2022 at 06:00 AM (UTC) on the Start-Up page: https://www.gate.io/en/startup
Startup Sale Rules
(1) Duration: 06:00 AM on July 21st-06:00 AM on July 22nd (UTC), 2022 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP0 and above.
(3) Price: $0; Startup Supply: 10,488,117 LBL
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 06:00 AM on July 21st-06:00 AM on July 22nd (UTC), 2022. Orders placed by qualified users within these 2 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After06:00 AM on July 22nd(UTC), 2022, 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.
(11) Trading starts time: 10:00 AM(UTC) on July 22nd, 2022
🔗 FOLLOW US FOR MORE INFORMATION🔗
- 👉 Visit our Website: https://label.foundation/
- 👉 Follow us on Twitter: https://twitter.com/LABELFoundation
- 👉 Join Telegram Community: https://t.me/LABEL_foundation
- 👉 Join Telegram ANN: https://t.me/labelfoundation
- 👉 Facebook: https://www.facebook.com/labelfoundation
