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Gate.io Startup: DAO Maker (DAO) Initial Sale Result

2021-01-18 14:48:06Read:24653 Tags:DAO,USDG,GT

DAO Maker (DAO)Token Sale Result

The Gate.io Startup DAO Maker (DAO)sale result is as follows:

DAO Startup Sale Amount: 3,000,000 DAO
Total value of orders (in USDG): 7,657,725 USDG
Total value of qualified orders (in USDT): 7,088,820 USDG
Number of orders:1,252
Number of Qualified orders: 1,146
Percentage of qualified orders: 91.533546325879 %
Percentage of succeeded purchases: 92.570835332948 %
Number of participants: 1,252
Number of qualified participants: 1,146

Average qualified order value per user (in USDG): 6185.7068062827 USDG
Average distribution value per user (in USDG): 261.78010471204 USDG
Average distributed DAO per user: 2617.8010471204 DAO

F (distribution ratio) = 0.042320160478049

Per the previous announcement, all qualified orders will obtain the token on sale equally. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

Attention: Most unqualified orders occurred due to insufficient balance in the user account. Please ensure there is sufficient balance (exceeding the purchasing value) for the order by UTC 8:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 DAO Listing

The 20% of DAO will be released at TGE(that is scheduled in Feb, 2021,subject to change).Users won't receive their transferable DAO immediately after the startup sale.

3 Gate.io Startup Initial Offer

Gate.io Startup has become increasingly more popular among users, with an excellent performance since its launch. In 2020, Gate.io Startup Initial Offer has upgraded to version 2.0. We are providing more flexible and diversified services to attract more promising projects. At the same time, we are aiming at providing more protections to our users.
If you are a project team and want to commence your initial token sale here, submit a request below.
Apply at: https://www.gate.io/listrequest

If you project has had initial token sale and wants to be listed at Gate.io, you may also apply to participate in our voting for listing activities. If you are our user and have a good project to recommend, please fill the application form and let us know. Let’s work together to boost the development of Gate.io and create more benefits to our users.

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Gate.io Team
January 18, 2021

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