Announcements Gate.io Startup:Reign of Terror (REIGN) Initial Sale Result & Listing Schedule

Gate.io Startup:Reign of Terror (REIGN) Initial Sale Result & Listing Schedule

2023-04-12 11:37:17 UTC 13915 Read

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**1 Reign of Terror (REIGN)Token Sale Result**

The Gate.io Startup Reign of Terror (REIGN)sale result is as follows:
REIGN Startup Sale Amount: 6,400,000 REIGN
Total value of orders (in USDT): 61,053,920 USDT
Total value of qualified orders (in USDT): 60,481,160 USDT
Number of orders:19,930
Number of Qualified orders: 19,674
Percentage of qualified orders: 98.715504264927 %
Percentage of succeeded purchases: 99.06187841829 %
Number of participants: 19,930
Number of qualified participants: 19,674

Average qualified order value per user (in USDT): 3074.1669208092 USDT
Average distribution value per user (in USDT): 4.0662803700315 USDT
Average distributed REIGN per user: 325.30242960252 REIGN

F (distribution ratio) = 0.001322725953008

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 REIGN Listing**

We will commence REIGN trading at Apr 12th,  12:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit REIGN at:[https://www.gate.io/myaccount/deposit/REIGN](https://www.gate.io/myaccount/deposit/REIGN "https://www.gate.io/myaccount/deposit/REIGN")

（2）Trade REIGN at:[https://www.gate.io/trade/REIGN_USDT](（2）交易地址为：https://www.gate.io/trade/REIGN_USDT "https://www.gate.io/trade/REIGN_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](https://www.gate.io/listrequest "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
Apr 12th, 2023

Gate.io Startup:Reign of Terror (REIGN) Initial Sale Result & Listing Schedule

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