Gate Startup:Kine Protocol (KINE) Initial Sale Result & Listing Schedule

1 Kine Protocol (KINE)Token Sale Result





The Gate Startup Kine Protocol (KINE)sale result is as follows:



KINE Startup Sale Amount: 15,000 KINE

Total value of orders (in USDT): 11,585,313 USDT

Total value of qualified orders (in USDT): 11,233,464 USDT

Number of orders:5,321

Number of Qualified orders: 5,088

Percentage of qualified orders: 95.621123848901 %

Percentage of succeeded purchases: 96.962973723714 %

Number of participants: 5,321

Number of qualified participants: 5,088



Average qualified order value per user (in USDT): 2207.8349056604 USDT

Average distribution value per user (in USDT): 10.02358490566 USDT

Average distributed KINE per user: 2.9481132075472 KINE



F (distribution ratio) = 0.0045400065376094



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 KINE Listing



We will commence KINE trading at Mar 15th, AM 13:00 UTC. The withdrawal service will be available afterwards.



（1）Deposit KINE at: https://www.gate.com/myaccount/deposit/KINE



（2）Trade KINE at https://www.gate.com/trade/KINE_USDT





3 Gate Startup Initial Offer



Gate Startup has become increasingly more popular among users, with an excellent performance since its launch. In 2020, Gate 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.com/listrequest



If you project has had initial token sale and wants to be listed at Gate, 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 and create more benefits to our users.





Gate 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 Team

Mar 13th, 2021