Gate.io Weekly Report

Gate.io
6 min readJul 31, 2018

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2018.07.23–2018.07.29

New Listing

Gate.io Listed FansTime (FTI)

Gate.io has enabled FTI/USDT and FTI/ETH trading pairs from 08:00(UTC), July 27, 2018. Deposit and withdraw of FTI are both enabled on gate.io now, users can deposit or withdraw FTI at any time.

Total supply of FTI is 10 billion, circulation in the early stage is 4 billion and 6 billion is released in the long run for long-term technical development, team building, community construction, and else.

Distribution Details: Community construction: 10%; Technological research and development: 20%; Marketing: 20%; Business cooperation: 20%; Team building: 15%; Foundation: 15%

FansTime(FTI) did not involve any ICO and had the primary market sale to the institutions only. The cost of FTI is 1 ETH= 50,000 FTI, about 0.01 USD.

FTI/USDT Price Trend(3 days)

FTI Current Price:¥0.05862CNY

FTI/ETH Price Trend(3 days)

FTI Current Price:¥0.05887CNY

(Resource:gate.io)

*Liquidity of the initial trading stage is weak and price is volatile, please be aware of the investment risk

Online Activities

1. BUMO (BU) Retweet Airdrop & Trading Competition

(1) BU Retweet Airdrop

Time: 2018/07/24–2018/07/27

Follow our twitter @gate_io & Medium, retweet BU Trading Competition post, and complete: http://cn.mikecrm.com/K7VM7cR to get the random amount of 5,000 BU airdrop during the activity.

(2) Trading BU to win 30,000 BU

Time: 2018/07/24 6:00 UTC — 2018/07/31 6:00 UTC

Rules:

1) During the activity, the top 100 traders will share 30,000 BU based on their BU trading volume calculated by the formula: (buy amount + sell amount) x (time factor). Multiple trades in the same account prohibited. (time factor) decays linearly from 1.2 to 1.0 during the competition.

2) The formula of the competition is trading volume multiplied by(actual commission/VIP 10 commission)to eliminate the differences in commission, to keep the competition fair.

3) The trading fee may be different because of the referral program; trading volume is normalized if there is any recommendation to keep the competition fair.

Click for details: https://gate.io/article/16584

2. Tezos (XTZ) Quiz Airdrop

Time: 2018/07/26–2018/08/02

Rules:

1. Follow gate.io twitter:https://twitter.com/gate_io

and medium: https://medium.com/@gateio

2. Retweet the activity.

3. Finish the quiz: http://cn.mikecrm.com/4RsctIg

Rewards:

We will draw 50 winners to share 500 Tezos (XTZ) within 10 days after the activity finished. The result will announce on gate.io social media.

Click for details: https://gate.io/article/16583

3. FansTime (FTI) Retweet Airdrop Round #1 & Deposit Competition

(1) FansTime (FTI) Airdrop Round#1

Time: 2018/07/27–2018/07/30

Rules:

Follow our twitter @gate_io & Instagram, retweet FTI Deposit Competition post, and complete: http://cn.mikecrm.com/Q4x0tVu to get the random amount of 200,000 FTI airdrop during the activity.

(2) FansTime (FTI) Deposit competition

Time: 2018/07/26 16:00 UTC — 2018/07/31 16:00 UTC

Rules:

During the activity time, the top 100 deposit users on gate.io will share 1,000,000 FTI based on their FTI net deposit amount calculated by the formula: Deposit amount — Withdraw amount. (excluding transfers between two gate.io accounts).

Click for details:https://gate.io/article/16584

4. SoPay (SOP) Retweet Airdrop Round#2 & Trading Competition

(1) SOP Retweet Airdrop Round#2

Time: 2018/07/28–2018/07/31

Rules:

Follow our twitter @gate_io & Medium, retweet post of SOP Trading Competition, and complete: http://cn.mikecrm.com/7DvrJYtto get the random amount of 100,000 SOP airdrop during the activity.

(2) Trading SOP to win 2 million SOP

Activity time: 2018/07/28 6:00 UTC — 2018/08/05 6:00 UTC

Rules:

(1) During the activity, the top 50 buyers will share 2 million SOP based on their SOP buy volume calculated by the formula: (buy amount — sell amount) x (time factor). Same account trades prohibited. (time factor) decays linearly from 1.2 to 1.0 during the competition.

(2) The trading volume will be multiplied by(actual commission/VIP 10 commission)to eliminate the differences in commission to keep the competition fair,

(3) The trading fee may be different because of the referral program; trading volume is normalized if there is any recommendation to keep the competition fair.

Click for details: https://gate.io/article/16585

5. FansTime (FTI) Retweet Airdrop Round #2 & Trading Competition

(1) FansTime (FTI) Retweet Airdrop Round #2

Time: 2018/07/29–2018/08/02

Rules:

Follow our twitter @gate_io & Instagram, retweet FTI Trading Competition post, and complete: http://cn.mikecrm.com/zOrqjsi to get the random amount of 200,000 FTI airdrop during the activity.

(2) Trading FTI to win 10 Million FTI

Time: 2018/07/29 6:00 UTC — 2018/08/13 6:00 UTC

Rules:

1) During the activity, the top 200 traders will share 10 Million FTI based on their FTI trading volume calculated by the formula: (buy amount + sell amount) x (time factor). Same account trades excluded. (time factor) decays linearly from 1.2 to 1.0 during the competition.

2) The trading volume will be multiplied by(actual commission/VIP 10 commission)to eliminate the differences in commission to keep the competition fair

3) The trading fee may be different because of the referral program; trading volume is normalized if there is any recommendation to keep the competition fair.

Click for details: https://gate.io/article/16587

Important Announcements

1. The Deposits And Withdrawals Of VET Has been reopened

The Deposits and withdrawals of VET are open. We will regularly collect VTHO assets generated by the VET main network and distribute it to holders on a regular basis.

We have distributed VET according to users’ balance snapshots at a ratio of 1 VEN = 100 VET. VEN holders can check at https://gateio.io/myaccount/mypurselog. Please pay attention that the market price of VEN before the transfer was about 1.80 USD, the estimated market price for VET is about 0.018 USD (as the transfer ratio is 1:100).

For more details: https://gate.io/article/16580

2. The Deposits And Withdrawals Of ONT Has Been Reopened

The deposit and withdrawal of ONT have been reopened, and we will regularly collect ONG assets generated by the ONT main network and distribute it to holders on a regular basis.

For more details: https://gate.io/article/16581

3. gate.io Supports VTHO Distribution Of VeChain(VET)

We have finished VeChain mainnet upgrade, and become the first exchange globally that opens deposit and withdraw for VET. We will collect VTHO assets generated by VET mainnet regularly, and distribute VTHO on a weekly basis according to users’ holdings ratio. The weekly distribution is added up by daily VTHO for 7 days. The distributing rate calculates from daily VET at a certain point of the day. We will begin the weekly distribution from July 24, 2018, after VeChain team finishing VET swap.

For more details: https://gate.io/article/16582

4. Airdrop Distribution

(1) Gate.io has distributed 4.3 million HashFuture(HSC) airdrop, for details: https://gate.io/article/16578

(2) Gate.io has distributed 500 Thousand LemoChain(LEMO) airdrop, for details: https://gate.io/article/16579

(3) Gate.io has distributed 1.10 million SoPay(SOP) airdrop, for details:

https://gate.io/article/16586

Learn more about gate.io: https://www.gate.io

Stay tuned at:

Twitter: https://twitter.com/gate_io

Telegram: https://t.me/gateio

Instagram: https://www.instagram.com/gate.io/

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Gate.io
Gate.io

Written by Gate.io

A Fast And Secure Digital Asset Exchange | Website: https://www.gate.io

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