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

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

2022-07-22 07:04:13 UTC 49653 Read
1 LABEL Foundation (LBL)Token Sale Result


The Gate.io 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.io/myaccount/deposit/LBL

(2)Trade LBL at https://www.gate.io/trade/LBL_USDT


3 Gate.io Startup Initial Offer

Gate.io Startup has become increasingly more popular among users, with an excellent performance since its launch. In 2020, Gate.io 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.io/listrequest

If you project has had initial token sale and wants to be listed at Gate.io, 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.io and create more benefits to our users.


Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io


Sign up to enter the crypto gateway and get 40% commission from referrals

Download iOS/Android App right now.


Follow us on social

Twitter: https://twitter.com/gate_io

Telegram:https://t.me/gateio

Instagram:https://www.instagram.com/gateioglobal

Medium:https://medium.com/@gateio


Gate.io Team

Jul 22nd, 2022


Share Posts
Related Articles
Gate to Host Multiple Industry Events During Consensus HK, Building a Cross-Sector Exchange Platform... Gate Live Strategy Copy Trading Championship – Win $10,000 in Rewards 2nd API Trading Contest: Unlock VIP/MM Privileges and Share a $100,000 Prize Pool... Gate Steady Copy Trader Challenge—Win High Rewards and Share a Total of 10,600 USDT... Gate Group Announces Official Launch of Gate Australia, Expanding Global Compliance Footprint... Gate Launches CrossEx — A Next-Generation Cross-Exchange Trading Platform
Language and Region
Exchange Rate

Select language and region

Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.