Gate.io Introduces Free Airdrop Initiative for Emerging Blockchain Projects
Gate.io (GT), a prominent player in the cryptocurrency exchange landscape, has unveiled its latest venture, the Startup Project Free Airdrop Program. This exciting development, highlighted in reports received by Finbold on Friday, January 10, marks a significant step in supporting promising blockchain projects.
Camino Network: The First Beneficiary of Gate.io’s Airdrop Program
As part of this innovative program, Gate.io will periodically offer free airdrops to support emerging blockchain initiatives. The first project to benefit from this is the Camino Network (CAM), setting the stage for its initial free offering.
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Initial Offering Details: Secure Your Share of $40,000 in CAM
The inaugural offering for the Camino Network is scheduled to occur from 6 AM UTC on January 15, 2025, through 6 AM UTC on January 17, 2025. Trading under the CAM/USDT pair will officially begin at 10 AM UTC on January 17, 2025. Participants can claim their share of the $40,000 Tether (USDT) fundraising goal, with a total of 333,333 CAM tokens available and fully unlocked upon distribution.
Eligibility Criteria for Participation
To engage in this unique opportunity, users must complete a Know-Your-Customer (KYC) verification process and maintain a spot asset balance of at least $10 USD. This ensures that participants are adequately vetted and financially equipped to partake in the airdrop.
Guidelines for CAM Free Airdrop Participation
The program’s rules are crafted to benefit both seasoned and new users, although there are geographical restrictions. Participants from certain regions, including the United Kingdom, United States, Mainland China, Singapore, Canada, France, and Germany, may face limitations in joining the program.
Incentives for VIP Users
VIP users stand to gain enhanced advantages, as higher VIP tiers grant more airdrop shares, with a maximum of 8,000 shares per user. This incentivizes loyal users of the platform by providing them with additional benefits for their continued support.
Opportunities for Non-VIP Users
Non-VIP users are not left out of the program. By holding a minimum of $10 USD in spot assets, they can enter a lucky draw for free airdrop shares. During the token distribution phase, the portion each user receives is determined by their current VIP level and their valid subscription amount in relation to the total offering. For non-VIP users, the allocation will be randomly selected, ensuring a fair chance for all participants.
Gate.io’s Startup Project Free Airdrop Program represents a bold step in fostering innovation and support within the cryptocurrency space, providing a platform for new projects to gain traction and recognition.
