[//]:content-type-MARKDOWN-DONOT-DELETE **1 MarsDAO (MDAO)Token Sale Result** The Gate.io Startup MarsDAO (MDAO)sale result is as follows: MDAO Startup Sale Amount: 100,000 MDAO Total value of orders (in USDT): 42,159,220 USDT Total value of qualified orders (in USDT): 41,435,040 USDT Number of orders:14,568 Number of Qualified orders: 14,081 Percentage of qualified orders: 96.657056562328 % Percentage of succeeded purchases: 98.28227372328 % Number of participants: 14,568 Number of qualified participants: 14,081 Average qualified order value per user (in USDT): 2942.6205525176 USDT Average distribution value per user (in USDT): 3.5508841701584 USDT Average distributed MDAO per user: 7.1017683403167 MDAO F (distribution ratio) = 0.001206702314262 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 MDAO Listing** We will commence MDAO trading at Feb 10th, AM 10:00 UTC. The withdrawal service will be available afterwards. （1）Deposit MDAO at:[https://www.gate.info/myaccount/deposit/MDAO](https://www.gate.info/myaccount/deposit/MDAO "https://www.gate.info/myaccount/deposit/MDAO") （2）Trade MDAO at:[https://www.gate.info/trade/MDAO_USDT](（2）交易地址为：https://www.gate.info/trade/MDAO_USDT "https://www.gate.info/trade/MDAO_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. Gate.io is a Cryptocurrency Trading Platform Since 2013 Top ranking, Trustworthy, Transparent [Sign up ]((https://www.gate.info/signup "Sign up ")to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.info/referral "referrals") [Download iOS/Android App](https://www.gate.info/mobileapp "Download iOS/Android App") right now. Follow us on social Twitter：[https://twitter.com/gate_io](https://twitter.com/gate_io "https://twitter.com/gate_io") Telegram：[https://t.me/gate_io](https://t.me/gate_io "https://t.me/gate_io") Instagram：[https://www.instagram.com/gateioglobal](https://www.instagram.com/gateioglobal "https://www.instagram.com/gateioglobal") Medium：[https://medium.com/@gateio](https://medium.com/@gateio "https://medium.com/@gateio") Gate.io Team Feb 10th, 2023