Announcements Gate.io Startup:Karate Combat (KARATE) Initial Sale Result & Listing Schedule

Gate.io Startup:Karate Combat (KARATE) Initial Sale Result & Listing Schedule

2023-05-12 11:08:54 UTC 23068 Read

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**1 Karate Combat (KARATE)Token Sale Result**

The Gate.io Startup Karate Combat (KARATE)sale result is as follows:
KARATE Startup Sale Amount: 41,248,454 KARATE
Total value of orders (in USDT): 76,273,140 USDT
Total value of qualified orders (in USDT): 74,909,460 USDT
Number of orders:23,853
Number of Qualified orders: 23,273
Percentage of qualified orders: 97.568440028508 %
Percentage of succeeded purchases: 98.212109793828 %
Number of participants: 23,853
Number of qualified participants: 23,273

Average qualified order value per user (in USDT): 3218.7281399046 USDT
Average distribution value per user (in USDT): 1.2890473939759 USDT
Average distributed KARATE per user: 1772.3737378056 KARATE

F (distribution ratio) = 0.000400483463637

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 KARATE Listing**

We will commence KARATE trading at May 12th, 12:00 UTC. The withdrawal service will be available afterwards.

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

（2）Trade KARATE at:[https://www.gate-learn.com/trade/KARATE_USDT](（2）交易地址为：https://www.gate-learn.com/trade/KARATE_USDT "https://www.gate-learn.com/trade/KARATE_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
May 12th, 2023

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