Announcements Gate.io Startup:Sommelier (SOMM) Sale Result & Listing Schedule

Gate.io Startup:Sommelier (SOMM) Sale Result & Listing Schedule

2023-03-17 13:51:01 UTC 24514 Read

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**1 Sommelier (SOMM)Token Sale Result**

The Gate.io Startup Sommelier (SOMM)sale result is as follows:
SOMM Startup Sale Amount: 304,348 SOMM
Total value of orders (in USDT): 44,620,720 USDT
Total value of qualified orders (in USDT): 44,292,940 USDT
Number of orders:16,204
Number of Qualified orders: 16,047
Percentage of qualified orders: 99.031103431252 %
Percentage of succeeded purchases: 99.265408536662 %
Number of participants: 16,204
Number of qualified participants: 16,047

Average qualified order value per user (in USDT): 2760.2006605596 USDT
Average distribution value per user (in USDT): 4.3621860783947 USDT
Average distributed SOMM per user: 18.966037259301 SOMM

F (distribution ratio) = 0.001580358759499

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 12:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

**2 SOMM Listing**

We will commence SOMM trading at Mar 17th, PM 14:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit SOMM at:[https://www.gate-learn.com/myaccount/deposit/SOMM](https://www.gate-learn.com/myaccount/deposit/SOMM "https://www.gate-learn.com/myaccount/deposit/SOMM")

（2）Trade SOMM at:[https://www.gate-learn.com/trade/SOMM_USDT](（2）交易地址为：https://www.gate-learn.com/trade/SOMM_USDT "https://www.gate-learn.com/trade/SOMM_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
Mar 17th, 2023

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