Announcement about official IEO of GSMT and listing details

Dear all ABIT users:

 

We are glad to announce that the official IEO of GSMT will be launched from August 20, 2020. Please see the details below. 

IEO Details:

• IEO Application Opening：17:00, August 20, 2020 (Singapore Time)
• IEO Application Closing： 17:00, August 27, 2020 (Singapore Time)
• IEO Supply Volume: 1,666,000 GSMT
• Volume per ticket: 1 GSMT/Ticket
• IEO Price: 0.3 USDT/Ticket
• Bonus: 20% of the purchased volume; bonus will be distributed via "My Star Wallet" and will be locked up for 2 months

IEO Rules:

• The GSMT IEO is USDT-based. All participants should have enough USDT balance in their ABIT account.
• After the submission of USDT IEO purchase, the corresponding USDT amount will be frozen from the USDT balance of user's ABIT account until the final results are released and distribution is fulfilled. 
• The final completed transactions for each account are subject to the total number of participants and total purchase volume.
• When results released, the USDT cost for any completed transactions will be deducted from user's account automatically, while the remaining amount will be released.
• Investors who purchase GSMT tokens during the IEO will receive an additional 20% GSMT. The 20% lockup will be maintained for months.
• IEO participants will receive their tokens in 2 days after the IEO sale is completed and with additional 20% bonus which will be locked for 2 months.
• IEO participants will receive bonus from project team through "My Star Wallet" after the IEO end. The download link of "My Star Wallet" is： iOS APP：https://apps.apple.com/kr/app/my-star-wallet/id1513544113   Android APP：https://play.google.com/store/apps/details?id=com.app.mystarwallet
• All IEO participants have to complete the KYC verification of ABIT.com
• ABIT.com reserves all rights of explanation for this IEO. 

Listing Details: 

• Deposit Opening：13:00, August 29, 2020 (Singapore Time)
• Trading Start：13:00, August 29, 2020 (Singapore Time)
• Withdraw Opening：13:00, August 30, 2020 (Singapore Time)
• Trading Pairs：GSMT/USDT, GSMT/ETH 

 

Project Introduction

GRAFSOUND provides free music streaming services from all over the world. It supports various service environments that anyone can easily become a creator through sound. You can freely upload your own music or any original sound on GRAFSOUND, share it with people all over the world, or sell it to individuals or businesses that need it and make money. All the registration and trading of content in GRAF SOUND is made up of the Smart Contract of blockchain technology, and the GRAF TOKEN (GSMT) is used to provide users with a direct and rapid payment environment to create a transparent and fair token economy.

Details：https://drive.google.com/file/d/1CDsE6zpU6mMrvPlD1wcfzb2rxsglnQ0l/view?usp=sharing

Official Website：http://mygrafsound.com/

 

Risk Warning: Digital assets are innovative investment products with great price fluctuation. Please make a rational judgment on your investment ability and make investment decisions cautiously. We wish you a pleasant deal.

 

ABIT Official

2020.08.13