1 Idavoll Network(IDV)Token Sale Result

The Gate Startup Idavoll Network(IDV)sale result is as follows:

IDV Startup Sale Amount: 22,222,222 IDV

Total value of orders (in USDT): 742762385.7314153 USDT

Total value of qualified orders (in USDT): 6684861.4715827 USDT

Number of orders:2,438

Number of Qualified orders: 2,147

Percentage of qualified orders:88.063986874487 %

Percentage of succeeded purchases: 86.637396467638 %

Number of participants: 2,438

Number of qualified participants: 2,147

Average qualified order value per user (in USDT): 3113.582427379 USDT

Average distribution value per user (in GT): 93.153236143037 USDT

Average distributed IDV per user: 10350.359571449 IDV

F (distribution ratio) = 0.029918345929725

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.

According to official rules, 30% will be unlocked in the first month, 30% will be unlocked in the second month, and 40% will be unlocked in the third month.

2 IDV Listing

We will commence IDV trading at 12:00 PM UTC, March 3st. The withdrawal service will be available afterwards.

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

（2）Trade IDV at https://www.gate.com/trade/IDV_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

March 3rd, 2021

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