SINGAPORE, SINGAPORE / ACCESSWIRE / June 9, 2021 / Gate.io is pleased to announce that during the month of May, projects listed on our Gate.io Startup platform raised nearly $1 billion in funding from our community.
"Interest in projects listed on Gate.io Startup has increased dramatically in the two years since we first launched the platform. During May, projects listed on Startup raised over $923 million in funding, all of it directly from Gate.io users. We built Startup as a way for the average crypto user to get early access in promising projects and it is evident that thus far it has been a success. Every single project on Startup, so far, has raised far more than their targeted amount", said Marie Tatibouet, Chief Marketing Officer for Gate.io.
Over the course of May, a total of 30 projects raised just over $923 million on Gate.io Startup, the most popular of which were SAITO, which raised 167,708,650 USDT, PERI, which raised 57,532,475 USDT, KISHU, which raised 55,967,439 USDT, and LOWB, which raised 51,560,340 USDT. Projects covered a range of different areas including but not limited to decentralized finance, non-fungible tokens and decentralized storage.
According to data from Cryptorank, Gate.io Startup has listed the most projects of any IEO platform, with an average return on investment of 4327.59% on these projects (at the time of writing). Gate.io remains committed to supporting new projects and offering our customers the opportunity to provide early investments in these projects.
About Gate.io
Gate.io enables a new generation of global traders with the tools to access the revolutionary age of cryptocurrencies. The 'Gate ecosystem' consists of Gate.io, Wallet.io, HipoDeFi and GateChain. Gate.io enables blockchain enthusiasts to trade and store assets in over 470 of the leading cryptocurrencies for over 4 million users from over 150 countries. It is a one-stop-shop for spot, margin trading, futures, perpetual contracts, staking, C2C loans, options and DeFi.
Media contact:
Company: Gate.io
Contact: Diksha Sharma, Head of Communications
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
E-mail: [email protected]
Website: https://www.gate.io/
SOURCE: Gate.io