BTC Startup Sale Result
The Gate Startup Special Offer with 20% Discount BTC Sale has been
successfully completed. Upcoming next are more top currency sales with
discounts. To participate Startup Special Offers with Top Currencies,
please go to:
https://www.gate.com/startup.
In this sale, there
were 1740 participants, and a total of about 2.1 million USDT worth of
orders were placed to purchase BTC with a 20% discount. The distribution
ratio was about 9.537%. Users can check the balance at
https://www.gate.com/myaccount/mystartup
The result of the GT Buy-back and Burn in this Startup Special Offer will be announced once the token burn is finished.
The purchase result is as follows:
Total value of orders (in USDT): 2116326.5304768397 USDT
Total value of qualified orders (in USDT): 2096878.7513664407 USDT
Number of orders: 1470
Number of Qualified orders: 1462
Percentage of qualified orders: 99.455782312925 %
Percentage of succeeded purchases: 99.081059617675 %
Number of participants: 1470
Number of qualified participants: 1462
Average qualified order value per user (in USDT): 1434.2535919059 USDT
Average distributed BTC per user: 0.020619029069767 BTC
F (distribution ratio with GT) = 0.095379869215758
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.
Lucky Draw Result
Below is the list of winners of the lucky draw in this Startup Sale.
UID
251***
255***
272***
250***
258***
279***
263***
176***
269***
256***
254***
Congratulations to the winners above!
About Startup Special Offers
To bring more benefits to our users, Gate has upgraded Startup
Special Offer and we will launch sales for top currencies (i.e. BTC,
ETH, EOS) with discounts. VIP users and GT holders can participate in
the sales with USDT. All the USDT received from the Special Offer token
sale will be used to purchase GT from the open market, and the purchased
GT will be burned publicly. For more details of the Gate Startup
Special Offer Upgrade, check out
https://www.gate.com/article/16985
The detail purchase rules are as follows:
1) User can purchase some of the top currencies (i.e. BTC) with discounts (i.e. 20% off) via the Startup Special Offers.
2) To participate in the Startup Special Offers, users are required to
have certain VIP levels. The purchase limit will be calculated based on
users’ GT holdings. Please refer to the announcement of each sale for
the details.
3) The amount of token distributed to each user will be
calculated based on the total amount of token on sale and the number of
orders placed within the 2-hour sale (The distribution ratio will be
raised to decrease the amount of USDT user need to place, lottery
distribution model with GT may apply in the future).
4) Users can
participate in the Special Offer sales with USDT (Borrowed USDT is also
allowed. For other Startup Sales, users need to participate with GT).
5) The USDT received from all the Startup Special Offer will be used to purchase GT from the open market.
6) All the GT purchased will be burned publicly.
Let’s take an example, based on one of our previous’ campaigns: The BTC $250,000 Startup Special Offer with a 20% discount. We are operating the example under the assumption
Bob is a VIP4 user, and his lowest 14-Day GT holding is 10,000 GT.
1) According to the purchasing rules, with a VIP4 Status, Bob has a purchase limit of 1200 USDT and so places an order worth 6,000 USDT.
2) The value of the total order placed within the 2-hour sale is 5,000,000 USDT. The distribution ratio is hence 5%.
3) Based on the data above, Bob can get 1200 USDT*5%=60 USDT worth of BTC.
4) The received 200,000 USDT (20% of 250,000) are used to purchase GT from the open market.
5) All the purchased GT are burned.
Gate is a trading platform that does not charge listing fees, only
launches quality projects, and provides users with 100% guaranteed,
instant deposit and withdrawal services. Receive up to 30% of referred
users' trading fees through our affiliate program at
https://www.gate.com/myaccount/myreferrals.
Gate New Features:
Spot Trading on Gate (200+ tokens):
https://www.gate.com/trade/BTC_USDT
Margin Trading on Gate (Long or Short):
https://www.gate.com/margin_trade/BTC_USDT
Perpetual Contract Trading:
https://www.gate.com/futures_trade/BTC_USD
Lending on Gate (secure and stable, high annual return):
https://www.gate.com/margin/lend/USDT
C2C Trading on Gate:
https://www.gate.com/c2c/usdt_cny
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https://www.wallet.io/
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Gate
January 24, 2020
