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Startup Rule Updates: Easier to Claim Airdrop
Gate.io Startup is one of the largest token launch platforms, allowing users to participate at no cost and explore potential projects in their early stages.
Currently, Startup has completed a major upgrade, enabling users to participate with lower thresholds and receive free airdrops more easily. Details are as follows:
Main updates in Startup Participation Rules for VIP Users:
1. For Airdrop projects, after subscription, sufficient balance is not required anymore before token distribution.
2. Users who upgrade to VIP levels by holding assets will have their VIP level verified during token distribution, and the final allocation they receive will be determined by their VIP level at the time of distribution.
Rules for Non-VIP Users Participating in Startup:
1. All non-VIP users with spot assets of no less than $10 can enter the Startup page and claim Startup airdrops for free;
2. After non-VIP users participate in a subscription, whether they win or not will be announced after the subscription ends. Users can check the results in "Subscription History" or on the project subscription page;
3. Non-VIP users are not guaranteed to receive Startup airdrop tokens. Part of lucky non-VIP users will be randomly selected for each project and evenly distributed the airdrop allocation;
4. The total airdrop amount for non-VIP users will vary depending on the project. The number of winners and the airdrop amount are not fixed. Please pay attention to the subscription results;
5. For airdrop projects, sufficient balance is not required anymore before token distribution. The airdropped tokens will be directly distributed to the spot wallet after the subscription ends;
6. Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, but users still need to hold spot assets of no less than $10.
Note:
1. The previous rule where non-VIP users were guaranteed to receive 3 shares of Startup airdrop has been abolished in this upgrade. After the upgrade, non-VIP users with spot assets of no less than $10 can directly participate and receive airdrops if they win.
2. All existing subscription share rules for VIP users remain unchanged, and they are eligible to receive the airdrop with a 100% guarantee. The higher the VIP level, the more Startup airdrop shares they can subscribe.
3. Non-VIP users participating in Startup subscriptions will follow the partial winning mechanism with a random selection of users winning airdrops for each project. Winners can be repeated across different projects.
4. New rules take effect from 02:00, August 25th UTC.
5. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6. Gate.io reserves all rights to the final explanation.
#ContentStar##BountyCreator##GateLive##GateioTurns10##GateioBountyCreator##HotTopicDiscussion##HotTopicDiscussion##GateLive##contentstar##GateLive##Gate.ioDaily# $BG TRADE$ is a platform that facilitates
the tokenization of real-world assets (RWA).
It provides a variety of services to
businesses and investors, including:
Tokenization services: BG Trade can help businesses tokenize their assets, such as real estate, art, and commodities. This process involves dividing the asset into smaller units, called tokens, which can then be traded on
the blockchain.
Exchange services: BG Trade operates an exchange where investors can buy and sell RWA tokens. This provides investors with a more liquid market for these assets.
Custody services: BG Trade offers custody services for RWA tokens. This means that BG Trade will $STORE$ the tokens on behalf of investors and ensure their security.
Advisory services: BG Trade provides advisory services to businesses and investors on RWA tokenization. This includes helping them to choose the right blockchain platform, develop the tokenomics, and launch the token sale.
Overall, BG Trade is a one-stop shop for businesses and investors who want to participate in the RWA tokenization market. It provides a variety of services that make it easier to tokenize assets, trade tokens, and
store them securely.
How BG Trade can play a role in the tokenization of real-world assets:
Increased liquidity: RWA tokenization can help to increase the liquidity of illiquid assets. This is because tokens can be traded on a blockchain, which is a decentralized and transparent platform. This makes it easier for investors to buy and sell tokens, which can lead to increased liquidity for the underlying assets.
Faster settlement: The settlement of RWA tokenized transactions can be faster than traditional asset transactions. This is because blockchain transactions are processed more quickly than traditional financial transactions. This can save businesses and investors time and money.
Lower costs: The cost of RWA tokenization can be lower than the cost of traditional asset transactions. This is because blockchain technology can reduce the need for intermediaries, such as banks and brokers. This can save businesses and investors money.
Bolstered risk management: RWA tokenization can help to improve risk management. This is because blockchain technology can provide a transparent and auditable record of transactions. This can help businesses and investors to track their assets and manage their risks more
effectively.
$BGT$ #RWA# #Cryptocurrency || Do they have future significance? Here are some points to consider:
Financial Innovation:
Cryptocurrencies have introduced new ways of transferring and storing value. They enable borderless transactions, reduced transaction fees, and potentially faster settlement times compared to traditional financial s.
Financial Inclusion:
It can provide financial services to individuals who are unbanked or underbanked, especially in regions with limited access to traditional banking infrastructure.
Decentralization and Trust:
Cryptocurrencies are built on blockchain technology, which provides a decentralized and immutable ledger for transactions. This can potentially reduce the need for intermediaries, increase transparency, and enhance trust in financial transactions.
Blockchain Technology:
The underlying technology of cryptocurrencies, blockchain, has applications beyond just financial transactions. It has the potential to revolutionize ious industries by providing transparent and tamper-resistant records. Also the tech is explored for applications like supply chain management, voting s and identity verification.
Investment Opportunities:
Cryptocurrencies have been seen as an investment class, with potential for high returns. However, this comes with high volatility and risk, making it important for investors to conduct thorough research and understand the market dynamics.
Challenges and Regulation:
They also come with challenges such as regulatory uncertainty, security concerns, and issues related to scalability and energy consumption (in the case of proof-of-work networks). Governments and regulatory bodies around the world are working to establish frameworks to address these challenges.
Speculation vs. Utility:
There has been criticism that a significant portion of cryptocurrency activity is driven by speculation rather than actual utility. The success of cryptocurrencies in the long term could depend on their ability to demonstrate real-world use cases.
Environmental Concerns:
The energy consumption associated with certain consensus mechanisms, such as proof-of-work, has raised environmental concerns. This has ed discussions about transitioning to more energy-efficient alternatives.
Partnerships and Adoption:
Some established companies and financial institutions have shown interest in adopting cryptocurrencies and blockchain technology for ious purposes. Partnerships and collaborations between traditional institutions and the crypto space could influence its future trajectory.
In summary, while cryptocurrencies have shown promise in terms of financial innovation and technological advancement, their long-term importance depends on ious factors including regulatory developments, technological advancements, adoption rates, and their ability to address challenges.
Stay updated on the latest developments in the space to form a more accurate understanding of their future significance. 
