Gate.io Startup:CryptoPunks Fraction Token (IPUNKS) Initial Sale Result & Listing Schedule

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**1 CryptoPunks Fraction Token (IPUNKS)Token Sale Result**

The Gate.io Startup CryptoPunks Fraction Token (IPUNKS)sale result is as follows:
IPUNKS Startup Sale Amount: 564 IPUNKS
Total value of orders (in USDT): 21,657,200 USDT
Total value of qualified orders (in USDT): 21,485,520 USDT
Number of orders:14,092
Number of Qualified orders: 13,862
Percentage of qualified orders: 98.367868294068 %
Percentage of succeeded purchases: 99.207284413498 %
Number of participants: 14,092
Number of qualified participants: 13,862

Average qualified order value per user (in USDT): 1549.9581589958 USDT
Average distribution value per user (in USDT): 0.3606983119319 USDT
Average distributed IPUNKS per user: 0.040664406290579 IPUNKS

F (distribution ratio) = 0.000232675884355

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 06:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

**2 IPUNKS Listing**

We will commence IPUNKS trading at Dec 27th, AM 09:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit IPUNKS at:[https://www.gate.ac/myaccount/deposit/IPUNKS](https://www.gate.ac/myaccount/deposit/IPUNKS "https://www.gate.ac/myaccount/deposit/IPUNKS")

（2）Trade IPUNKS at:[https://www.gate.ac/trade/IPUNKS_USDT](（2）交易地址为：https://www.gate.ac/trade/IPUNKS_USDT "https://www.gate.ac/trade/IPUNKS_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
Dec 27th, 2022