About the Web3 Startup's debut project Quai Network (QUAI) Token Airdrop results

1. About the initial project Quai Network (QUAI) subscription result

Gate.io Web3 Startup's first project Quai Network token QUAI will be available for subscription starting at 14:00 on March 1, 2025. Participants will be treated equally within 168 hours. A total of 67,393 people placed orders. According to the listing rules, Gate.io will randomly select 500 users from valid orders to distribute QUAI token airdrops.

Users can check the participation details in the 'Participation History' section: https://www.gate.io/web3/startup/2241

Total distribution of QUAI: 50,000 QUAI Total received subscription orders USDT value: 9,580,860 USDT Total valid participation order USDT value: 0 USDT Each airdrop quantity: 100 QUAI Total participation: 67,393 Effective Participation Quantity: 0 Participation efficiency: 0 % All users will be fairly allocated project airdrops according to the previous rules. In order to ensure the consistent principles of authenticity and transparency, Gate.io reserves all original participation records for possible third-party audit purposes in the future. Please note: The main reason for invalid orders is that users do not have a sufficient amount in their account equal to or greater than the subscription amount from the time of participation to the distribution on the same day, thus being excluded from placing an order.

**2. About receiving the QUAI token airdrop ** The airdrop of QUAI (100 QUAI per share) will be directly distributed to the winning user's participating wallet address. The winning user can check the airdrop reward received in the gate Web3 wallet or transaction history.

Note: The Quai Network (QUAI) token project is sold at a price of 0.1 after opening, and is distributed in USDT (ARB chain), with one unit for 10USDT. Please pay attention to check it.

**3. About “gates Web3 Startup” Gate.io officially launched "Gate Web3 Startup" on July 3, 2023. The wallet users of Gate Web3 can obtain token airdrop benefits by participating in Web3 Startup. As part of the Gate Web3 ecosystem, Gate Web3 Startup will regularly hold airdrop programs for blockchain projects, bringing generous airdrop benefits to Gate Web3 wallet users. gate Web3 Startup is a platform that provides users with unique airdrop opportunities. By participating in Web3 Startup, users will have the chance to receive airdrops from various blockchain projects, including tokens, NFTs, whitelists, and points that may have potential value and growth opportunities. This provides users with the opportunity to participate in early projects and enjoy the benefits of project growth. Participating in gate Web3 Startup is simple and convenient. Users only need to create a gate Web3 wallet to participate in airdrop projects. There is no need for additional KYC processes. Users can directly participate in project airdrops through the wallet, easily enjoying airdrop benefits. As a leader in the cryptocurrency exchange platform, Gate.io is committed to providing secure and reliable services to protect users' assets and privacy. With Gate Web3 Startup as its new product, it will continue this commitment by offering users a high-quality airdrop experience and generous benefits. The launch of Gate Web3 Startup will bring more opportunities for Gate Web3 users to participate in blockchain projects, enjoying the growth and potential returns of projects through token airdrop benefits. We look forward to Gate Web3 Startup bringing more surprises and opportunities to users, driving the prosperity of the Web3 ecosystem.

Users from the UK and other restricted areas are not allowed to participate in this activity (for more details on restricted areas, please refer to the User Agreement).

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Gate.io March 13, 2025