[//]: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, Open Exchange (OX), on August 28th, 2023 at 04:00 AM (UTC). Startup Link: https://www.gate.io/startup **Introduction to Open Exchange (OX)：** OPNX’s vision is to combine the best of DeFi + CeFi to create a truly next-gen derivatives exchange, applying the painful lessons learned by the industry. For instance, the OX stake-to-trade-for-free model solves alignment problems between exchanges and traders. OPNX’s focus has been tokenizing innovative Real World Assets suffering opaque + inaccessible markets to make them tradable on transparent order books. This began with onboarding the $20B and 20M user crypto bankruptcy claims market. Celsius and FTX claim trading are now live, allowing users to immediately unlock and utilize the value of their claim. (The information below is provided by the Open Exchange (OX) team. Please follow the website for more information） **Token Information** Token name: Open Exchange Token symbol: OX Max Supply: 9,860,000,000 OX Token Type: Ethereum, Polygon, BSC, Arbitrum Token Contract: 0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f (on all chains) Token Distribution and Unlocked Rules: Current supply - Fully unlocked -FLEX holders may convert their holdings to OX until 28th Aug 2023, when the 3-month conversion period ends. 34,734,543.88 FLEX converted so far Website: http://www.opnx.com Whitepaper: https://opnx.com/ox/whitepaper Token Information: https://bscscan.com/token/0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f https://polygonscan.com/token/0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f https://arbiscan.io/token/0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f https://etherscan.io/token/0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f **Open Exchange (OX)Startup Sale Rules** (1) Duration: 04:00 AM on August 28th - 04:00 AM on August 29th (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: 520,862 OX (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: Unlock (6) Users can place orders from 04:00 AM on August 28th - 04:00 AM on August 29th (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 04:00 AM on August 29th (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: 07:00 AM on August 29th (UTC), 2023 **Gate.io Labs Investment Participating Disclosure** Gate.io Labs didn’t invest in Open Exchange (OX) **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/Gateio_Inst 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 August 25th, 2023