Gate Startup:Umbrella Network (UMB) Sale Result

1 Umbrella Network (UMB)Token Sale Result





The Gate Startup Umbrella Network (UMB)sale result is as follows:



UMB Startup Sale Amount: 41,666 UMB

Total value of orders (in USDT): 18,783,400 USDT

Total value of qualified orders (in USDT): 17,511,060 USDT

Number of orders:10,302

Number of Qualified orders: 9,176

Percentage of qualified orders: 89.070083478936%

Percentage of succeeded purchases: 93.226252968046 %

Number of participants: 10,302

Number of qualified participants: 9,176



Average qualified order value per user (in USDT): 1908.3544027899 USDT

Average distribution value per user (in USDT): 2.7244986919682 USDT

Average distributed UMB per user: 4.5408311532803 UMB



F (distribution ratio) = 0.0014276691416739



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 1:00 A.M. The insufficient balance will result in the cancellation of the purchase order.





2 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

Apr 10th, 2021