Announcements Gate.io Startup:OVO NFT Platform (OVO) Initial Sale Result & Listing Schedule

Gate.io Startup:OVO NFT Platform (OVO) Initial Sale Result & Listing Schedule

2023-03-22 10:20:04 UTC 16555 Read

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**1 OVO NFT Platform (OVO)Token Sale Result**

The Gate.io Startup OVO NFT Platform (OVO)sale result is as follows:
OVO Startup Sale Amount: 937,500 OVO
Total value of orders (in USDT): 22,848,220 USDT
Total value of qualified orders (in USDT): 22,229,040 USDT
Number of orders:7,620
Number of Qualified orders: 7,335
Percentage of qualified orders: 96.259842519685 %
Percentage of succeeded purchases: 97.290029595303 %
Number of participants: 7,620
Number of qualified participants: 7,335

Average qualified order value per user (in USDT): 3030.5439672802 USDT
Average distribution value per user (in USDT): 20.449897750511 USDT
Average distributed OVO per user: 127.8118609407 OVO

F (distribution ratio) = 0.006747686892933

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 OVO Listing**

We will commence OVO trading at Mar 23nd, PM13:00  UTC. The withdrawal service will be available afterwards.

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

（2）Trade OVO at:[https://www.gate-learn.com/trade/OVO_USDT](（2）交易地址为：https://www.gate-learn.com/trade/OVO_USDT "https://www.gate-learn.com/trade/OVO_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 22nd, 2023

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Gate.io Startup:OVO NFT Platform (OVO) Initial Sale Result & Listing Schedule

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