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Announcements Gate.io Startup:SubDAO (GOV) Initial Sale Result & Listing Schedule
Gate.io Startup:SubDAO (GOV) Initial Sale Result & Listing Schedule
2021-11-05 09:16:41 UTC 50549 Read
1 SubDAO (GOV)Token Sale Result


The Gate.io Startup SubDAO (GOV)sale result is as follows:

GOV Startup Sale Amount: 1,000,000 GOV
Total value of orders (in USDT): 20,008,960 USDT
Total value of qualified orders (in USDT): 19,542,220 USDT
Number of orders:8,432
Number of Qualified orders: 7,872
Percentage of qualified orders: 93.358633776091 %
Percentage of succeeded purchases: 97.667345029427 %
Number of participants: 8,432
Number of qualified participants: 7,872

Average qualified order value per user (in USDT): 2482.4974593496 USDT
Average distribution value per user (in USDT): 19.05487804878 USDT
Average distributed GOV per user: 127.03252029345 GOV

F (distribution ratio) = 0.007675688841902

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 09:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 GOV Listing

Participants will receive a proportional amount of GOV tokens according to the token release schedule.

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

Nov 05th, 2021


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