Gate.io Reports Success on First Three Successful IEO Projects

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Blockchain assets exchange platform, Gate.io has announced the successful accomplishment of its first three IEO projects, with Crypto Neo-Value Neural (CNNS), DREP, and Facts. Gate.io is now planning to launch further projects this month.

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Virgilio Lizardo, Jr., Vice President of International Affairs at Gate.io commented on the projects so far:

“We are delighted with the success of our first three IEO startup projects. The innovative platforms ensure that our users have more chances to make initial investments, safely and securely. Due to our commitment to building a safe and compliant blockchain asset protection platform globally, we are looking forward to continuing our growth and partnerships, providing our users with a positive and seamless experience.”

These projects were launched on Gate.io’s ‘Startup’ platform, which the company announced last month. Startup is an IEO platform that aims to provide its users with access to innovative and advanced projects. This platform gives traders more opportunities to make initial investments in early stage blockchain projects.

Since launching its IEO platform, Gate.io has launched three innovative startup projects, with CNNS, DREP, and Facts. The project with CNNS helps build a vibrant blockchain ecosphere for users to discover, invest in and exchange information and values of crypto assets. The project raised over $3 million USD in the public sale and overall raised a total of $112,484,280 USDT.

The second IEO project with DREP, was committed to building ‘connectors’ and ‘toolkits’ based on blockchain technology, providing solutions for users that combine ease of use, flexibility and frictionless integration. Based on the concept of Smart Pipeline technology, the improvement of data processing was enhanced massively. The project raised over 5,1000,000 GT in the public sale, whilst overall raising 115,654,485 GT.

Thirdly, the project with Facts, which constructed a set of ‘Factual Content Incentive Mechanism’ based on blockchain technology, allowed users to obtain the right of reward allocation through any operational behaviour on the factual content. This helped solve internet problems for users such as false content and low propagation efficiency. The project hosted both a private and public sale raising some 44,146,386 USDT.

The company is set to launch an additional two IEO projects over the next month, with MovieBloc MBL and GoWithMI GMAT For more information please visit the Gate.io website.

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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