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Gate.io Startup:Orao Network (ORAO) Initial Sale Result & Listing Schedule

2021-03-24 13:21:38Read:34982

1 Orao Network (ORAO)Token Sale Result


The Gate.io Startup Orao Network (ORAO)sale result is as follows:

ORAO Startu Locked Amount: 1,335,333枚DAO
Total value of orders (in USDT): 10,720,281 USDT
Total value of qualified orders (in USDT): 10,399,300 USDT
Number of orders:3,991
Number of Qualified orders: 3,883
Percentage of qualified orders: 97.293911300426 %
Percentage of succeeded purchases: 97.005853047866 %
Number of participants: 3,991
Number of qualified participants: 3,883

Average qualified order value per user (in USDT): 2678.1612535607 USDT
Average distribution value per user (in USDT): 32.191604429565 USDT
Average distributed ORAO per user(estimated): 2088.0313204711 ORAO

F (distribution ratio) = 0.01386808675875

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 8:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

2 ORAO Listing

Participants will receive a proportional amount of ORAO tokens to their share of DAO tokens locked up on Gate.io according to token release schedule at the TGE (the token generation event, to be announced).

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.


Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Gate.io Team
Mar 24th, 2021


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