Gate.io Listing Vote #10 — Coti VS Standard Tokenization Protocol
Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with a variety of blockchain assets trading services. To involve a higher amount of users in the process of expanding our list of coins, Gate.io has implemented a new feature called “listing vote,” offering even more opportunities to launch high-quality projects.
In each listing vote, participants can vote for two quality projects. The project with the majority of the votes will be listed on Gate.io. All voters, regardless of which project they voted for, can win an airdrop of the project token according to the ratio of the votes they contributed in total.
1. Duration: GMT 04:00 May 26 — GMT 04:00 May 27, 2020
2. Airdrop Amount:
（1）If Coti becomes the winner, the trading service of COTI will be available on Gate.io. Voters can share a 2,577,319.59 COTI (worth about $50K in total) airdrop as per the Listing Vote Scheme.
（2）If Standard Tokenization Protocol becomes the winner, the trading service of STPT will be available on Gate.io. Voters can share a 4,201,681 STPT (worth about $50K in total) airdrop as per the Listing Vote Scheme.
3. Participate in the Listing Vote at: https://www.gate.io/poll/votelist/18
Introduction to COTI
1. Project Introduction
COTI is a fully encompassing “finance on the blockchain” eco that is designed specifically to meet the challenges of traditional finance (fees, latency, global inclusion and risk) by introducing a new type of DAG based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost and is optimized for real time payments. The eco includes a DAG based Blockchain, a Proof of Trust Consensus Algorithm, a multiDAG, a Global Trust , a Universal Payment Solution, a Payment Gateway, as well as consumer (COTI Pay) and merchant (COTI Pay Business) applications.
Official website: https://coti.io/
Link to Whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
2. Token Information
COTI
COTI introduces a high-performance cryptocurrency built atop the base layer protocol.
This cryptocurrency will be used as a common means of payment, including all fees and staking inside the COTI eco. COTI Pay can process all payment types, both online and offline, including crypto and stable coins, credit cards and even a merchant’s native coin. It also has built-in financing with interest earned on deposits and business loans.
(1) Token Symbol
COTI
(2) Total Supply
2,000,000,000
(3) Current Circ. Supply
499,091,395
(4) Token Allocation
Team — 12.7%
Sale — 24.3%
Advisers — 10%
Eco / Reserve — 53%
(5) Token Release Schedule
IEO: 12-year vesting, starting from now (twice each year).
Seed: 12-year vesting, starting from now (twice each year).
Private Sale: 12-year vesting, starting from now (twice each year).
Capital raise: 12-year vesting, starting from now (twice each year).
Team: 12-year vesting, starting from now (twice each year).
Advisers and Service Providers: 12-year vesting, starting from now (twice each year).
Eco/Reserve: 12-year vesting, starting from now (twice each year).
(6) Token Price
Seed sale — $0.06
Private sale — $0.08
IEO — $0.065
(7) Inflation Rules: Non-inflationary
3.Deposit COTI at: https://www.gate.io/myaccount/deposit/COTI
Introduction to Standard Tokenization Protocol
1. Project Introduction
Standard Tokenization Protocol is a decentralized network designed to facilitate the discovery and usage of digital assets across global communities. The STP token (STPT) will enable every type of crypto industry participant to connect in a global, trustless, maximally efficient, and incentive-driven way. It will allow for the decentralized issuance of digital assets, and also facilitate the interaction and use of these digital assets being issued. Currently, the STP Eco comprises of projects, service providers, media, and platforms that utilize the STPT token like Blockzone.com.
Official website: https://stp.network/
STP Network’s platform website: https://www.blockzone.com/
Whitepaper: https://stp.network/wp-content/uploads/2019/06/Standard-Tokenization-Protocol-Whitepaper-EN-v4-1.pdf
2. Token information
1) STPT
STP Network’s platform token (STPT) will serve as an incentive structure that aligns all participants and strengthens the overall network.
For more details of how the STPT is stabilized, please refer to the official website and whitepaper of Standard Tokenization Protocol.
(1) Token Symbol: STPT
(2) Total Supply: 1,943,020,283
(3) Token Allocation:
Private Sale Round 1 ($0.01): 25%, Fully unlocked
Private Sale Round 2 ($0.02): 5%, Fully unlocked
IEO ($0.01): 3.75%, Fully unlocked
Validation Rewards: 25%, Locked
STP Eco: 15%, Locked
Block72: 15%, Locked
STP Community: 7.5%, Partial Unlocked for Marketing activities
STP Team: 3.75%, Locked
(4) Token Release:
Private Sale Round 1: All the tokens were released by three times from July, 2019 to October 31th, 2019.
Private Sale Round 2: All the tokens were released by four times from June, 2019 to October 31th, 2019.
Public Sale: All the 75,000,000 tokens were released by July 30th, 2019.
Team: 33 month-vesting, starting from July, 2020.
Token Reserve: 33 month-vesting, starting from July, 2020.
STP Community: 31 month-vesting, starting from June, 2019.
(5) Token Price:
IEO: 1STPT = $0.01
Private Sale Round 1: 1STPT = $0.01
Private Sale Round 2: 1STPT = $0.02
(6) Inflation Rules: Non-inflationary
3.Deposit STPT at: https://www.gate.io/myaccount/deposit/STPT
Listing Vote Scheme
1.Participants: all the GT holders on Gate.io 1 GT=1 vote
2.Vote allocation: For every participant, their vote equals the average 14-day GT holding (including assets in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading; however, GT borrowed from Margin Trading is not allowed). The user’s votes will be calculated based on the average 14-day GT holding within two hours after the listing vote. Thus, please don’t make any changes to your GT holding before the counting of the votes.
For example, Bob is a new GT holder, and he buys and holds 14000GT one day before the sale. Therefore, his average 14-day GT holding will be 1000GT (14000GT/14 days), and he will have 1000 votes.
3. Every KYC participant can only vote with his GT and for one of the projects.
4. In each listing vote, the project that gets the most votes, wins; the winner will be the project, which has more supporters, if both projects get the same number of votes.
5. After the listing vote, all voters will be rewarded with an airdrop of the token of the winner. Meanwhile, the time of the commencement of trading, withdrawal, and deposit of the token will be released.
6.The return of GT and holding requirements: after the listing vote, the voter’s GT will be returned to his account. The GT holding of the voter should be higher than the number of his votes within two hours after the activity. Otherwise, the number of the votes will be counted based on the real-time GT holding when the vote counting begins.
7.Rewards in the Listing Vote:
（1）Among the top 1000 voters, 10 voters will be randomly selected whose VIP levels will be upgraded by 3 tiers.
（2）After each listing vote, the token of the winner will be airdropped. All voters will win the token regardless of which project they voted for. The airdrop of the token will be ratioed according to how many votes of the voter account for the votes in total.
8.Attention:
（1） Cheating: Gate.io will cancel the votes of an account if any cheating is detected or reported by other users and confirmed. The account will no longer be qualified for the listing vote if more than three cheating records have been registered.
Gate.io reserves the final right to interpret this activity.
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