Gate Startup:Circuits of Value (COVAL) Sale Result & Listing Schedule

1 Circuits of Value (COVAL)Token Sale Result





The Gate Startup Circuits of Value (COVAL)sale result is as follows:



COVAL Startup Sale Amount: 2,458,009 COVAL

Total value of orders (in USDT): 63,244,860 USDT

Total value of qualified orders (in USDT): 62,090,140 USDT

Number of orders:20,830

Number of Qualified orders: 20,204

Percentage of qualified orders: 96.994719155065 %

Percentage of succeeded purchases: 98.174207358511 %

Number of participants: 20,830

Number of qualified participants: 20,204



Average qualified order value per user (in USDT): 3073.1607602455 USDT

Average distribution value per user (in USDT): 7.4242724213027 USDT

Average distributed COVAL per user: 121.65952349658 COVAL



F (distribution ratio) = 0.002415842515414



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 COVAL Listing



We will commence COVAL trading at Feb 22nd, AM 09:00 UTC. The withdrawal service will be available afterwards.



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



（2）Trade COVAL at https://www.gate.com/trade/COVAL_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.