[//]:content-type-MARKDOWN-DONOT-DELETE About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits. Gate.io Startup will launch its next project, BitMEX(BMEX), on April 4th, 2023 at 02:00 AM (UTC). Startup Link: https://www.gate.io/en/startup Introduction to BitMEX(BMEX)： BitMEX, the OG of crypto derivatives, provides institutional and professional traders with a crypto derivatives exchange platform that caters to their needs since 2014. They can trade safely in the knowledge their funds are secure, and have access to the products and tools required to be profitable. BitMEX is well known for its professional trading environment offering low latency, deep liquidity and constant availability. With an emphasis on Bitcoin, users can margin their trades and gain PnL in Bitcoin, over stablecoins. (The information below is provided by the BitMEX team. Please follow the website for more information） Token Information Token name: BitMEX Token Token symbol: BMEX Max Supply: 450,000,000 Token Type: ERC-20 Token Contract: 0xB113c6CF239F60D380359b762E95C13817275277 Token Distribution and Unlocking Rules: *Airdrops & Launch 5% on issuance *Product & Liquidity Fund 20% with 3% distributed on issuance, then monthly vesting over 24 months *Employee Incentives 20%, Cliff until Jan 2023, then 5% monthly vesting over 24 months. Rest locked until Jan 2025 *Ecosystem Growth Fund 30% Cliff until April 2023, then monthly vesting over 24 months *Long-term Reserve 25% with a Cliff until January 2025, then monthly vesting over 36 months Website: https://www.bitmex.com/bmex Whitepaper: https://assets.ctfassets.net/kp25gfur5p5i/17OnGZZ8vCh92rdTXIcAd8/cd93db672342d6d47c14e6d9179960b7/BMex-Token-Litepaper_v2_20220609.pdf Token Information: https://etherscan.io/token/0xB113c6CF239F60D380359b762E95C13817275277 BitMEX(BMEX) Startup Sale Rules (1) Duration: 02:00 AM on April 4th-02:00 AM on April 5th (UTC), 2023(Orders placed by qualified users within these 24 hours will be treated equally.) (2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be. (3) Price: $0; Startup Supply: 253,808 BMEX (4) Purchase limit: The maximum subscription limit is 1500 shares; the detailed Startup subscription details can be found at: https://www.gate.io/article/29892 That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards. (5) Unlocking Rule: Unlocked (6) Users can place orders from 02:00 AM on April 4th-02:00 AM on April 5th(UTC), 2023. Orders placed by qualified users within these 24 hours will be treated equally. (7) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order. (8) Each type of currency can only be purchased once with each KYC account. (9) After 02:00 AM on April 5th (UTC), 2023, we will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. (10) Trading starts time: 05:00 AM on April 5th (UTC), 2023 Gate.io Labs Investment Participating Disclosure Gate.io Labs didn’t invest in BitMEX Attention (1) Countries not supported: USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia. 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 project team does not guarantee that the token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity. -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 evaluate 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. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team April 3rd, 2023