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Announcements Gate.io Startup:BlackHole Protocol (BLACK) Initial Sale Result & Listing Schedule
Gate.io Startup:BlackHole Protocol (BLACK) Initial Sale Result & Listing Schedule
2021-04-28 12:38:28 UTC 125652 Read
1 BlackHole Protocol (BLACK)Token Sale Result


The Gate.io Startup BlackHole Protocol (BLACK)sale result is as follows:

BLACK Startup Sale Amount: 400,000 BLACK
Total value of orders (in USDT): 26,220,620 USDT
Total value of qualified orders (in USDT): 25,662,040 USDT
Number of orders:11,318
Number of Qualified orders: 10,876
Percentage of qualified orders: 96.094716380986 %
Percentage of succeeded purchases: 97.869691868461 %
Number of participants: 11,318
Number of qualified participants: 10,876

Average qualified order value per user (in USDT): 2359.5108495771 USDT
Average distribution value per user (in USDT): 1.8389113644722 USDT
Average distributed BLACK per user: 36.778227289445 BLACK

F (distribution ratio) = 0.00077936126668028

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 BLACK Listing

We will commence BLACK trading at Apr 29th, PM 13:00 UTC. The withdrawal service will be available afterwards.

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

(2)Trade BLACK at https://www.gate.io/trade/BLACK_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.


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
Apr 28th, 2021

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