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Announcements Gate.io Startup:Knit Finance (KFT) Initial Sale Result & Listing Schedule
Gate.io Startup:Knit Finance (KFT) Initial Sale Result & Listing Schedule
2021-09-02 10:27:29 UTC 58933 Read
1 Knit Finance (KFT)Token Sale Result


The Gate.io Startup Knit Finance (KFT)sale result is as follows:

KFT Startup Sale Amount: 105,263 KFT
Total value of orders (in USDT): 22,931,140 USDT
Total value of qualified orders (in USDT): 22,545,920 USDT
Number of orders:8,438
Number of Qualified orders: 8,187
Percentage of qualified orders: 97.025361460062 %
Percentage of succeeded purchases: 98.320100963144 %
Number of participants: 8,438
Number of qualified participants: 8,187

Average qualified order value per user (in USDT): 2753.8683278368 USDT
Average distribution value per user (in USDT): 2.442897276164 USDT
Average distributed KFT per user: 12.857334799072 KFT

F (distribution ratio) = 0.00088707846031568

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 11:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 KFT Listing

We will commence KFT trading at Sep 02nd, AM 11:30 UTC. The withdrawal service will be available afterwards.

(1)Deposit KFT at: https://www.gate.io/myaccount/deposit/KFT

(2)Trade KFT at https://www.gate.io/trade/KFT_USDT


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.


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Gate.io Team

Sep 02nd, 2021


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