1 Velas (VLX)Token Sale Result The Gate.io Startup Velas (VLX)sale result is as follows: VLX Startup Sale Amount: 131,578 VLX Total value of orders (in USDT): 44,123,480 USDT Total value of qualified orders (in USDT): 42,810,460 USDT Number of orders:14,956 Number of Qualified orders: 14,239 Percentage of qualified orders: 95.205937416422 % Percentage of succeeded purchases: 97.024214771818 % Number of participants: 14,956 Number of qualified participants: 14,239 Average qualified order value per user (in USDT): 3006.5636631786 USDT Average distribution value per user (in USDT): 3.5114825479317 USDT Average distributed VLX per user: 9.2406770138352 VLX F (distribution ratio) = 0.001167938863540 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 VLX Listing We will commence VLX trading at Nov 18th, PM 13:30 UTC. The withdrawal service will be available afterwards. （1）Deposit VLX at: https://www.gate.io/myaccount/deposit/VLX （2）Trade VLX at https://www.gate.io/trade/VLX_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 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 a Cryptocurrency Trading Platform Since 2013 Top ranking, Trustworthy, Transparent Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Follow us on social Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Gate.io Team Nov 18th, 2021