#PreIPOsSeason2OpenAISubscription

#PreIPOsSeason2OpenAISubscription
Gate Pre-IPOs Round 2: OpenAI (OPENAI) Subscription Opens in 2 Days

Gate is launching the second round of its Pre-IPOs program featuring OpenAI, one of the most influential artificial intelligence companies globally. This subscription event offers users early access to OpenAI asset certificates before the company's anticipated initial public offering.

OpenAI has established itself as a leader in generative AI through products like ChatGPT and has attracted significant investment from major technology companies including Microsoft. The company currently carries an implied valuation of approximately $895 billion, making it one of the most closely watched unicorns in the AI sector.

The subscription details are as follows. A total of 27,700 OPENAI tokens will be available for subscription at a fixed price of $722 per token. The total subscription value is approximately $20 million. Users can participate using either USDT or GUSD, with 70% of the allocation reserved for USDT subscriptions (19,390 tokens) and 30% for GUSD subscriptions (8,310 tokens). The minimum subscription amount is 100 USDT or 100 GUSD, with a maximum cap of 277 tokens per user across both pools.

The subscription window opens on July 15 at 07:00 UTC and closes on July 17 at 07:00 UTC, giving participants a 48-hour window to commit funds. Pre-market trading for OPENAI tokens is scheduled to begin on July 20 at 08:00 UTC.

Token distribution will occur in three phases to manage unlock schedules. The first distribution on July 17 will release 25% of subscribed tokens, followed by 35% on August 17, and the remaining 40% on September 17. This staggered approach allows for gradual market entry while maintaining price stability.

Several incentive programs accompany this subscription event. GT airdrop rewards are available to participants, with users subscribing over $10,000 receiving 1 GT each, while those subscribing below that threshold will share a pool of 2,000 GT. Additionally, users subscribing with GUSD will earn a 3.8% annualized minting yield distributed daily. VIP5 and above users, along with super agents, are eligible for additional free airdrops as part of an exclusive campaign.

The allocation mechanism rewards early participation. The system calculates hourly average locked amounts throughout the subscription period, meaning users who commit funds earlier receive higher allocation weights. For example, a user depositing at the start of the 48-hour period and maintaining their position receives full weight, while someone subscribing in the final hour receives approximately 1/48th of the weight.

To participate, users can navigate to the Earn section on the Gate platform, select Launch, then access the Pre-IPOs page. Both web and mobile app interfaces support the subscription process.

After the subscription period concludes, successful subscribers will receive their first unlocked tokens along with any refunds for unsubscribed amounts by July 17 at 11:00 UTC. Once distributed, tokens enter the Pre-Market trading phase where holders can trade 24/7. Following the completion of the six-month lock-up period after OpenAI's actual listing, asset certificates can be converted to tokenized stocks or exchanged for USDT at real-time market prices.

This Pre-IPOs offering represents an opportunity for retail investors to gain exposure to OpenAI's valuation before its public market debut, with structured unlock periods and multiple incentive mechanisms designed to reward early participation and long-term holding.
@Gate_Square