Gate has announced the official launch of the 1E0 platform Startup and launches CNNS for the first time. This has been a hot topic of discussion in the past two days, and there are many related interpretation articles. I'll try to start with some scraps and talk about some of my own opinions.
1
Key point, knock on the blackboard: CNNS is not CoinWorld, although CoinWorld points can be exchanged for CNNS on a 1:1 basis.
The two parties are currently in a strategic cooperative relationship. Coin World can be regarded as a branch of CNNS’s global strategic partners in the information terminal layout. a branch. a branch.
CNNS, the global asset value exchange network Crypto Neo-value Neural, aims to build a global ecosystem of information and value exchange based on blockchain to serve users in discovering, investing and exchanging digital assets.
Everyone should focus on the direction of value exchange.
2
CNNS is the first online project after Gate issued the platform currency GT and announced the launch of the preferred platform Startup.
The first-phase projects of the preferred platform reflect the capabilities and image of the exchange to a certain extent. The selection of the first-phase projects and their performance after online trading have a significant impact on the future development of the sales platform. Taking Binance and Huobi as examples, the projects they launched in the first phase skyrocketed by more than 10 times after the opening, and the highest one, Huobi Top, skyrocketed by 27.7 times after the opening.
So, this subscription of CNNS is worthy of attention, and the performance of CNNS after its online transaction is worth looking forward to.
3
Basic information of the CNNS project:
Token symbol: CNNS
Total amount of tokens: 10 billion
Online exchange circulation: 13%
Private placement price: 1 CNNS=0.0150 USDT
Startup release Ratio: 6% (600 million), of which 150 million CNNS are denominated in USDT and 450 million CNNS are denominated in GT.
Startup price: 1 CNNS=0.006 USDT in USDT, 1 CNNS= in GT 0.01GT (because GT has not yet been traded online, the tentative price is 1GT= 0.60USDT)
Token allocation ratio and release rules:
Startup 6%: No lock-in, which means that our subscription is successful and we can go online for trading.
Private placement 14%: It will be unlocked 3 months after being listed on the exchange. 0.3% of the total amount of private placement will be unlocked every day and will be unlocked in 333 days.
Foundation operation 20%: no lock-in period, used for early operations, the remaining 10% of this part will be unlocked every year after being listed on the exchange
Team incentive 10%: 2% will be unlocked every year after being listed on the exchange, and will be unlocked in 5 years
Ecological construction 50%: 5% has no lock-up period and is used for early construction. The remaining 10% of this part will be unlocked every year after being listed on the exchange
Please pay attention to the Simu price and unlocking period. You can see that private equity accounts for a high proportion. , accounting for 14% of the total issuance, and has a clear unlocking period. The private placement price of 0.015USDT is 1.5 times higher than the IEO price of 0.006USDT. Therefore, there is room for imagination in the future market of CNNS.
You may talk about the break situation. I think it is difficult to break serve at the opening in today's market conditions. Now everyone needs to get out of the bear market mentality and have a more positive attitude.
In addition, token uses including foundations, team incentives, ecological construction, etc. have corresponding lock-up periods, so there is not much selling pressure from the project side.
In addition, Gate initially priced its GT at 0.6 USDT during the token sale phase. According to Gate’s third-stage point card sales plan, the price of a GT must be at least between 2 USDT and 5 USDT, so there will be more sales after GT is listed for online trading. The measures to make up for the difference according to the GT market price will be followed up.
4
Subscription time: 12:00-14:00 on April 22, valid orders placed within two hours will be treated equally. The same thing happens when the sun shines, but less is better than nothing.
Subscription quota. Orders in two currencies are counted at the same time. USDT or GT subscription is supported. The minimum subscription for each account is no less than 20,000 CNNS and no more than 500,000 CNNS.
In addition, remember to make sure that there is sufficient amount in the spot trading account no less than the subscription amount after placing the order and before 16:00. That is, you must retain at least the corresponding funds for how much you subscribe, otherwise it will become an invalid order.
Then there is the issue of whether domestic users can participate. Don’t worry, we will find out the details when the time comes.
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