Details of the Web3 Startup debut project Quai Network (QUAI) Token Airdrop outcome

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

Gate.io Web3 Startup First project Quai Network token QUAI will be available for subscription starting from 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 value of participating orders received: 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 are allocated project airdrops fairly according to the previous rules. In order to ensure the consistent and transparent principles, Gate.io reserves all original participation records for possible third-party audit needs in the future. Please note: The main reason for invalid orders is that users do not have a sufficient amount in their accounts, not less than the amount of participation, before the distribution on the same day after participating in the order, and therefore are excluded from placing an order.

**2. About receiving the QUAI token airdrop ** Airdrops of QUAI (100 QUAI per share) will be directly distributed to the participating wallet addresses of the winning users, who can view the airdrop rewards received in the gate Web3 wallet or transaction history.

Please note: The Quai Network (QUAI) token project will be sold at a price of 0.1 after opening, and will be distributed in USDT (ARB chain) at a rate of 10 USDT per unit. Please check carefully.

**3. About “gated Web3 Startup” Gate.io officially launched "Gate Web3 Startup" on July 3, 2023. Wallet users of Gate Web3 can participate in Web3 Startup to receive token airdrop benefits. As part of the Gate Web3 ecosystem, Gate Web3 Startup will regularly hold airdrop programs for blockchain projects, bringing lucrative 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 of various blockchain projects, which tokens, NFTs, whitelists, and points may have potential value and growth space. This provides users with the opportunity to participate in early projects and enjoy the dividends 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 and easily enjoy 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. The launch of Gate Web3 Startup, as its new product, will continue this commitment, providing users with 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 regions are not allowed to participate in this activity (for more details on restricted regions, please refer to the User Agreement).

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Gate.io March 13, 2025