Announcements Gate.io Startup:Gemflow (GEF) Initial Sale Result & Listing Schedule

Gate.io Startup:Gemflow (GEF) Initial Sale Result & Listing Schedule

2024-07-18 08:22:36 UTC 16399 Read

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**1. Gemflow (GEF)Token Sale Result**

The Gate.io Startup Gemflow (GEF)sale result is as follows:
GEF Startup Sale Amount: 83,333,333 GEF
Total value of orders (in GT): 3,199,744 USDT
Total value of qualified orders (in GT): 3,175,540 USDT
Tokens Per Share：16666.6666 GEF
Number of orders:58,351
Number of Qualified orders: 47,535
Percentage of qualified orders: 81.46 %
Percentage of succeeded purchases: 99.24 %
Number of participants: 58,351
Number of qualified participants: 47,535

F (distribution ratio) = 0.0025298876832125

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.

**2. GEF Listing**

We will commence GEF trading at Jul 18th, 09:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit GEF at:[https://www.gate.io/myaccount/deposit/GEF](https://www.gate.io/myaccount/deposit/GEF "https://www.gate.io/myaccount/deposit/GEF")

（2）Trade GEF at:[https://www.gate.io/trade/GEF_USDT](https://www.gate.io/trade/GEF_USDT "https://www.gate.io/trade/GEF_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](https://www.gate.io/listrequest "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.

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Gate.io Team
Jul 18th, 2024

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