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Announcements Gate.io Startup:DRAC Network (TEDDY) Sale Result & Listing Schedule
Gate.io Startup:DRAC Network (TEDDY) Sale Result & Listing Schedule
2022-06-28 04:24:45 UTC 21152 Read
1 DRAC Network (TEDDY)Token Sale Result


The Gate.io Startup DRAC Network (TEDDY)sale result is as follows:

TEDDY Startup Sale Amount: 714,464,330 TEDDY
Total value of orders (in USDT): 42,536,440 USDT
Total value of qualified orders (in USDT): 42,161,420 USDT
Number of orders:14,459
Number of Qualified orders: 14,199
Percentage of qualified orders: 98.201812020195 %
Percentage of succeeded purchases: 99.118355931996 %
Number of participants: 14,459
Number of qualified participants: 14,199

Average qualified order value per user (in USDT): 2969.3231917741 USDT
Average distribution value per user (in USDT): 14.084020001409 USDT
Average distributed TEDDY per user: 50317.932953025 TEDDY

F (distribution ratio) = 0.004743673244402

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 12:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 TEDDY Listing

We will commence TEDDY trading at Jun 28th, AM 06:00 UTC. The withdrawal service will be available afterwards.

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

(2)Trade TEDDY at https://www.gate.io/trade/TEDDY_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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Medium:https://medium.com/@gateio


Gate.io Team

Jun 28th, 2022


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