Coin Price 24h %
Back To

Gate.io Startup:Raze Network (RAZE) Initial Sale Result

2021-04-13 19:11:41Read:165975

1 Raze Network (RAZE)Token Sale Result


The Gate.io Startup Raze Network (RAZE)sale result is as follows:

RAZE Startup Sale Amount: 1,000,000 RAZE
Total value of orders (in USDT): 23,788,680 USDT
Total value of qualified orders (in USDT): 23,000,160 USDT
Number of orders:11,761
Number of Qualified orders: 11,138
Percentage of qualified orders: 94.702831391888 %
Percentage of succeeded purchases: 96.685314191456 %
Number of participants: 11,761
Number of qualified participants: 11,138

Average qualified order value per user (in USDT): 2067.0507865169 USDT
Average distribution value per user (in USDT): 8.9782725803555 USDT
Average distributed RAZE per user: 89.782725803555 RAZE

F (distribution ratio) = 0.0043477958414202

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.

According to the official rules, 12.5% on TGE, monthly vesting for 9 months, starting one month after the listing.

2 RAZE Listing
RAZE tokens will not be released until Token Generation Event, estimated 15:00(UTC), April 16th 2021. Users won’t get any RAZE token immediately after the Gate.io startup sale.
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
Apr 13th, 2021


Share to: