Gate Startup:Chain (XCN) Sale Result & Listing Schedule

1 Chain (XCN)Token Sale Result





The Gate Startup Chain (XCN)sale result is as follows:



XCN Startup Sale Amount: 2,833,564 XCN

Total value of orders (in USDT): 75,291,849 USDT

Total value of qualified orders (in USDT): 73,607,852 USDT

Number of orders:24,342

Number of Qualified orders: 23,498

Percentage of qualified orders: 96.532741763208 %

Percentage of succeeded purchases: 97.763374930916 %

Number of participants: 24,342

Number of qualified participants: 23,498



Average qualified order value per user (in USDT): 3132.5156250842 USDT

Average distribution value per user (in USDT): 9.4058217720657 USDT

Average distributed XCN per user: 120.58745425015 XCN



F (distribution ratio) = 0.003002641505623



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.



2 XCN Listing



We will commence XCN trading at Apr 02nd, AM 09:00 UTC. The withdrawal service will be available afterwards.



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



（2）Trade XCN at https://www.gate.com/trade/XCN_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.