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Announcements Gate.io Startup:Paralink Network (PARA) Initial Sale Result & Listing Schedule
Gate.io Startup:Paralink Network (PARA) Initial Sale Result & Listing Schedule
2021-05-26 01:59:48 UTC 92630 Read
1 Paralink Network (PARA)Token Sale Result


The Gate.io Startup Paralink Network (PARA)sale result is as follows:

PARA Startup Sale Amount: 1,111,111 PARA
Total value of orders (in USDT): 32,872,480 USDT
Total value of qualified orders (in USDT): 31,955,080 USDT
Number of orders:12,037
Number of Qualified orders: 11,355
Percentage of qualified orders: 94.334136412727 %
Percentage of succeeded purchases: 97.209215733039 %
Number of participants: 12,037
Number of qualified participants: 11,355

Average qualified order value per user (in USDT): 2814.1858212241 USDT
Average distribution value per user (in USDT): 4.4033465433289 USDT
Average distributed PARA per user: 97.85214540731 PARA

F (distribution ratio) = 0.0015646964426314

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 2:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 PARA Listing

We will commence PARA trading at May 26th, AM 04:00 UTC. The withdrawal service will be available afterwards.

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

(2)Trade PARA at https://www.gate.io/trade/PARA_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
May 26th, 2021

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