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**1 Lord of Dragons (LOGT)Token Sale Result**

The Gate.io Startup Lord of Dragons (LOGT)sale result is as follows:
LOGT Startup Sale Amount: 168,351 LOGT
Total value of orders (in USDT): 72,479,920 USDT
Total value of qualified orders (in USDT): 61,314,320 USDT
Number of orders:21,122
Number of Qualified orders: 18,705
Percentage of qualified orders: 88.556954833823 %
Percentage of succeeded purchases: 84.594905733892 %
Number of participants: 21,122
Number of qualified participants: 18,705

Average qualified order value per user (in USDT): 3277.9641807003 USDT
Average distribution value per user (in USDT): 5.3461641272387 USDT
Average distributed LOGT per user: 9.0003207698476 LOGT

F (distribution ratio) = 0.001630940374125

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 LOGT Listing**

We will commence LOGT trading at Jun 01st, 09:00 UTC. The withdrawal service will be available afterwards.

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

（2）Trade LOGT at:[https://www.gate.io/trade/LOGT_USDT](（2）交易地址为：https://www.gate.io/trade/LOGT_USDT "https://www.gate.io/trade/LOGT_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
Jun 01st, 2023

Gate.io Startup:Lord of Dragons (LOGT) Sale Result & Listing Schedule

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