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Gate.io Startup Initial Offering-DAO SHO Project-Mochi.Market (MOMA)

2021-04-23 15:03:06Read:57785

Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.
Gate.io Startup will launch another DAO SHO project- Mochi sale on April 24,2021 at 02:00 AM UTC.
Startup Link: https://www.gate.io/en/startup/90

Introduction to Mochi
Mochi.Market is a fully-decentralized multi-chain NFT exchange eco for NFTs. The Mochi.Market will be launched initially on Binance Smart Chain (“BSC” ), followed by other chains such as Ethereum layer 2 protocols, Polkadot. Mochi.Market is the first product of Mochilab.org- a team dedicated to developing practical and innovative technological solutions to enable a seamless web3 NFT economy.

Token Information
Token Name:Mochi.Market
Token symbol: MOMA
Total Supply: 100,000,000 MOMA
Initial Circulating supply: 8,640, 933 MOMA

Token Distribution
Private sale: 5%
Public sale:1.5%
Team and Advisors:18%
Development Funds:16%
Eco Funds:23%
Staking Rewards:35%
DEX Liquidity:1.5%
Token Prices:
Private Sale: $0.1
100% unlocked at the TGE
Public Sale: $0.1
100% unlocked at the TGE

Token Utilities
The MOMA tokens give access to a number of special services on the platform, such as:
Having a discount on transaction fees if transacted in MOMA tokens.
Getting special offers and rewards for NFT lotteries and airdrops.
Provide liquidity to earn more MOMA.
Staking to earn NFTs.

Website: https://mochi.market/

whitepaper: https://mochi.market/WhitePaper.pdf

Important Notice about Gate.io Startup Sale for Mochi.Market:
1. Startup supply: 250,000 MOMA : Price $0.1, 100% unlocked at TGE
3. Payment currency: USDG, Lockup currency: DAO
4. Eligible participants: agree to lock up DAO for a period of 15 days. Individual cap is 5K DAO.
5. Token distribution: participants get a proportional amount of MOMA tokens to their share of DAO tokens locked up on Gate.io.
6. The startup sale is designed for Mochi.Market’s DAO Maker SHO portion.
7. The cryptocurrency market is highly volatile. The project team does not guarantee that token price will not be lower than SHO price. Please invest with caution, and don't invest beyond your financial capacity.

Rules of MOMA’S DAO SHO Portion Sale on Gate.io’s Startup:
(1) Order Duration: April 24th 02:00AM –April 25th 02:00 AM UTC
(2) To participate in Startup Sale, users will agree to lock up DAO for a period of 15 days.
(3) The price is $0.1 USDG/ MOMA
(4) Users can place orders by agreeing to locking up DAO for 15 days
(5) Users can place orders from April 24th 02:00AM –April 25th 02:00AM UTC. Orders placed by qualified users within these 24 hours will be treated equally.
(6) 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 MOMA token actually purchased) in accounts for the purchase after placing the orders. An insufficient DAO balance will result in the cancellation of the purchase order.
(7) Each individual can only purchase once with an account passing KYC.
(8) After April 25th 02:00 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 MOMA 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 MOMA tokens to their share of DAO tokens locked up on Gate.io according to token release schedule at the TGE (the token generation event, estimated on April 25th).

Attention:
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.

(2) Risk Warning:
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.

(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
April 23, 2021

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