1 Fear NFTs (FEAR)Token Sale Result The Gate.io Startup Fear NFTs (FEAR)sale result is as follows: FEAR Startup Sale Amount: 5,000 FEAR Total value of orders (in USDT): 3,776,514 USDT Total value of qualified orders (in USDT): 3,756,836 USDT Number of orders:5,001 Number of Qualified orders: 4,974 Percentage of qualified orders: 99.460107978404 % Percentage of succeeded purchases: 99.478938570097 % Number of participants: 5,001 Number of qualified participants: 4,974 Average qualified order value per user (in USDT): 755.15177544491 USDT Average distribution value per user (in USDT): 4.99900019996 USDT Average distributed FEAR per user: 49.9900019996 FEAR F (distribution ratio) = 0.0064808393983189 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, 20% will be unlocked initially, and then 20% will be unlocked every month. 2 FEAR Listing Participants will receive a proportional amount of FEAR tokens to their share of DAO tokens locked up on Gate.io according to the token release schedule at the TGE (the token generation event, estimated in May). 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 May 19th, 2021