Gate Startup:LABEL Foundation (LBL) Sale Result & Listing Schedule

1 LABEL Foundation (LBL)Token Sale Result





The Gate Startup LABEL Foundation (LBL)sale result is as follows:



LBL Startup Sale Amount: 10,488,117 LBL

Total value of orders (in USDT): 50,648,732 USDT

Total value of qualified orders (in USDT): 50,005,894 USDT

Number of orders:15,859

Number of Qualified orders: 15,535

Percentage of qualified orders: 97.956996027492 %

Percentage of succeeded purchases: 98.730792184304 %

Number of participants: 15,859

Number of qualified participants: 15,535



Average qualified order value per user (in USDT): 3218.9182166623 USDT

Average distribution value per user (in USDT): 8.1015127132282 USDT

Average distributed LBL per user: 675.12822658513 LBL



F (distribution ratio) = 0.002516851368601



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 06:00 A.M. The insufficient balance will result in the cancellation of the purchase order.



2 LBL Listing



We will commence LBL trading at Jul 22nd, AM 10:00 UTC. The withdrawal service will be available afterwards.



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



（2）Trade LBL at https://www.gate.com/trade/LBL_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.