Gate.io Blog Gate.io Startup: A Review on the Optimal Startup Platform

Gate.io Startup: A Review on the Optimal Startup Platform

23 March 11:30

Image Source：coinquora

What is Gate.io Startup
Gate.io is a leading digital currency exchange with over 10 million users in 190 countries worldwide. The company offers trading services for over 1,300 cryptocurrencies, as well as a wholly integrated suite of products. For example, its startup platform; NFT Magic Box marketplace; cryptocurrency loans; and more.

1. Gate.io Startup is blockchain assets discount offering that allows early blockchain projects to access funding from Gate.io’s users.
2. The platform boasts high ROI and a strict review process to protect investors.
3. Gate.io Startup also announced a project airdrop reward system for the platform’s users.

The company has launched investment funds such as labs, grants, and ventures; aiming to incubate and support high-quality potential projects. This is the original intention of Gate.io Startup.

Gate.io Startup is a platform that allows early-stage blockchain projects the opportunity to access funding from millions of Gate.io users. Once a project’s fundraising stage is completed, these projects are listed on the Gate.io exchange.
The platform was launched in 2019 and its projects have always been oversubscribed. In other words, they constantly raise much more funding than their initial targets.

Additionally, Gate.io has a strict review process to protect investors. Firstly, the platform evaluates the project’s practicality, the founding team, and compares it with other projects to assess its health and longevity. Secondly, the users are given a choice to keep the project listed on the exchange or not.All of these exemplify the ambitious ideals and goals of Gate.io Startup.

Advantages and Features
Gate.io Startup offers early-stage projects an optimal launch platform – offering them access to millions of potential investors. Additionally, the platform provides the subsequent listing of projects on the main Gate.io Exchange. Before being listed, Gate.io ensures projects go through a thorough vetting process.Not to mention, all of the Gate.io Startup’s projects to date have all exceeded their initial fundraising goals.

Startup Listing
Gate.io Startup puts projects through a thorough vetting process to ensure projects listed on the platform are legitimate. Startup only lists quality projects that can prove its long-term potential.
Once approved, the project is required to provide and publish key information such as:
1. Token name and symbol
2. Maximum supply
3. Contract type and address
4. Token distribution
5. Fundraising amount
6. Price and amount of tokens supplied for distribution
7.Startup Fundraising

Once Gate.io Startup approves a project and the listing is announced, users will then be able to view the project on the Startup page.The page will showcase:
- The token de_script_ion
- The token fundraising goal
- The amount of tokens offered through Startup
- The initial price per token

Additionally, Startup will show the project’s listing period and eligible users will be able to participate.Oversub_script_ion,A crucial point to remember is that the token supply offered through Startup will always remain the same, even if the listing is oversubscribed. In other words, all the allocation will be split based on the number of participants and their ratio of subion shares.
More information can be found on the FAQ page.

Eligibility
Users are required to meet several criteria to invest in a project through Gate.io Startup
-A valid Gate.io account with all KYCs approved
-An active balance on Spot accounts that can cover the pledged investments
-And an investment limit of once per project; limited to 1,000 shares for each project.

Unfortunately, Gate.io Startup does not provide eligibility to citizens of the following countries：
Guinea, Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Bosnia and Herzegovina, Burundi, Myanmar, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Bissau, Iran, Iraq, North Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States, Venezuela, Yemen and Zimbabwe.

Notable Achievements
Investors have oversubscribed every single project listed on Gate.io Startup – offering more capital than the fundraising goal. Notably, there are now over 300 projects on the platform, with success stories including Fantom (FTM), Harmony (ONE), and DAO Maker (DAO).

Raising $1B in September 2021
In September 2021, Gate.io Startup’s projects raised a collective amount of $1B. This is despite the fact that the crypto market was considered bearish in general during those months.

More than 2/3rds of the 39 projects listed on Startup during September 2021 raised over 50,000% of their initial funding goals.
That was the first instance during Gate.io Startup’s 2 years of operation the projects raised over $1B in funding. The following high was last seen in May 2021, when projects raised over $923M in funding.

Gate.io Startup Projects Data on January 2022
In January 2022, Gate.io tweeted a photo of its early 2022 statistics. It shows that projects reach high ROIs — even as high as 80x the original Sub_script_ion price.

Risk Warning
Despite Gate.io Startup’s thorough vetting process, users are still responsible for performing their due diligence and researching each project themselves. Startup projects are by definition in their initial stages. As a result, several factors can influence their future including:
- Operational problems
- Problems with the project’s underlying technology
- Regulatory hurdles
- The crypto market’s volatility
- Technical issues

Gate.io Startup Project Airdrop
In order to reward the platform’s users, Gate.io launched the “Startup”. The rewards involve airdrop plans of blockchain projects launched in Gate.io Startup at irregular intervals. VIP and GT users are eligible for a variety of tokens and airdrop benefits.

To participate in the sale, users only need the following:
1. Users need to be VIP1 and above – a user can only purchase once with each KYC account.
2. Adhere to purchase limits: The maximum sub_script_ion limit for a single user is 1,000 shares. Additionally, the relationship between VIP levels and maximum sub_script_ion allocation is the following:
- the maximum number of sub_script_ions = the square of the VIP level multiplied by 10. For example:
- VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
- VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
3. Users need to ensure they have sufficient balance in their accounts to purchase orders. An insufficient balance will result in the cancellation of the purchase order.
4.Wait until Gate.io announces the results.

Conclusion
Gate.io Startup is a platform that helps early-stage cryptocurrency companies raise funds and get listed in a premier crypto exchange. It boasts high protection systems to protect investors, a high return on investment, and an overall great reputation.
The platform aims to help the development of the blockchain industry and technological innovation in general. The GateChain ecosystem’s huge volume of over 10 million registered users is a force to be reckoned with.

Article Source： coinquora
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice

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Gate.io Startup: A Review on the Optimal Startup Platform

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