Gate.io Listing Vote #11 — Raven Classic 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 June 3, 2020 — GMT 04:00 June 4, 2020
2. Airdrop Amount:
（1）If Raven Classic becomes the winner, the trading service of RVC will be available on Gate.io. Voters can share a 16,666,666.67 RVC 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 airdrop as per the Listing Vote Scheme.
3. Participate in the Listing Vote at: https://www.gate.io/poll/votelist/19
Introduction to Raven Classic
1. Project Introduction
Ravencoin Classic (RVC) is a X16R algorithm protocol with features focused on allowing tokens to be issued on the Ravencoin Classic blockchain. Tokens of the protocol can have whatever properties the token issuer of the token decides — so they can be limited in quantity, can be named and be issued as securities or as collectibles.
You can make your own security token within minutes and take advantage of borderless, global transactions with fast transfer speed.
Official website: https://ravencoinclassic.io/
Link to Whitepaper: https://ravencoinclassic.io/template/default/images/files/RavencoinClassic%20Whitepaper.pdf
2. Token Information
All Ravencoin Classic (RVC) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm which was created for Ravencoin Classic. There is no private, public, founder, or developer allocation set aside. Ravencoin Classic is intended to prioritize security, user control, privacy, and censorship resistance.
(1) Token Symbol
(2) Total Supply
(3) Current Circ. Supply
6,231,720,000 RVC (as of May 28, 2020)
Block Height*5,000RVC (5,000RVC is the rewards of the period before the first halving)
(4) Token Allocation
PoW Mining — 100%
(5) Token Release Schedule
RVCs are released by PoW mining. One block is produced every minute. Block rewards for the first period is 5,000RVC. Halving happens every 4 years.
(6) Token Price
LongBit RVC/USDT: 0.00122USDT (as of May 28, 2020)
(7) Inflation Rules: Non-inflationary
3.Deposit RVC at: https://www.gate.io/myaccount/deposit/RVC
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/
2. Token information
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.
（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.
Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
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June 1, 2020