Gate Startup:Offering-DAO SHO Project - Blockasset (BLOCK)Initial Sale Result

1 Blockasset (BLOCK)Token Sale Result





The Gate Startup Blockasset (BLOCK) sale result is as follows:



DAO Startup Locked Amount: 446,749 DAO

Total value of orders (in USDT): 2,791,049 USDT

Total value of qualified orders (in USDT): 2,764,986 USDT

Number of orders:1,437

Number of Qualified orders: 1,387

Percentage of qualified orders: 96.52052887961 %

Percentage of succeeded purchases: 99.066211364369 %

Number of participants: 1,834

Number of qualified participants: 1,387



Average qualified order value per user (in USDT):1993.5017202596 USDT

Average distribution value per user (in USDT): 36.049026618601 USDT

Average distributed BLOCK per user: 462.16700793079



F (distribution ratio) = 0.022383883603805



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 04:00 A.M. The insufficient balance will result in the cancellation of the purchase order.



Vesting: 20% TGE, 10% every 3 months from month 4.



2 BLOCK Listing



We will commence BLOCK trading at Dec 9th, PM 14:00 UTC. The withdrawal service will be available afterwards.



Participants will receive a proportional amount of tokens to their share of DAO tokens locked up on Gate according to the token release schedule at the TGE.



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

Dec 9th, 2021