#JMKEIPOAccess

#SummerCreationCamp
Most people think the relationship between crypto and the stock market begins after a company goes public. In reality, that relationship is changing much earlier. Today, blockchain platforms are beginning to give digital asset users access to IPO opportunities before a company's shares start trading on public exchanges. It is another sign that the gap between traditional finance and Web3 is becoming smaller with every market cycle.

Gate's latest IPO Access campaign featuring Jersey Mike's (JMKE) reflects this transformation. While many users initially assumed it was another Launchpool or staking event, it is something entirely different. This program is designed for investors who want to participate in an upcoming public offering through the Gate ecosystem using digital assets instead of a traditional brokerage account.

The campaign is more than a subscription window. It represents another step toward connecting blockchain infrastructure with real-world financial markets.

Why Jersey Mike's?

Unlike technology startups that often dominate IPO headlines, Jersey Mike's is a well-established restaurant brand with years of operational history and an internationally recognized business model. Companies like this attract attention because investors already understand their products, customer base, and long-term growth potential.

For crypto investors, this also offers diversification. Instead of focusing only on blockchain-native projects, participants can explore opportunities linked to businesses operating in the real economy while staying within the digital asset ecosystem.

This is one of the reasons IPO Access has become increasingly important. It expands the range of opportunities available to crypto users beyond tokens alone.

Understanding IPO Access

One of the biggest misconceptions surrounding this campaign is that it functions like Launchpool or token farming.

It does not.

Launchpool generally rewards users for staking digital assets to receive newly issued tokens.

IPO Access serves a completely different purpose.

Here, users submit an expression of interest to participate in a company's public offering before shares begin trading. The process is based on allocation rather than guaranteed purchase, meaning participation does not automatically result in receiving shares.

Understanding this difference helps investors set realistic expectations before joining the campaign.

Subscription Schedule

The subscription period officially begins on:

July 27, 2026, at 10:00 (UTC+8)

The window remains open until:

July 29, 2026, at 10:00 (UTC+8)

Allocated shares are currently expected to arrive around:

July 30, 2026

Investors should avoid waiting until the final hours because the subscription channel may close early if demand exceeds available capacity.

Reference IPO Price

The current expected offering price ranges between:

$21 and $25 per share

This represents a reference range rather than the final listing price.

Actual pricing will depend on the official IPO process and market conditions before the offering is completed.

Flexible Subscription Options

Gate allows participation using two different digital assets.

Users may subscribe with:

• USDT

or

• GUSD

Supporting two stablecoins provides additional flexibility and reduces unnecessary asset conversions before participation.

Instead of forcing users into a single payment method, the platform allows them to choose whichever asset better matches their portfolio.

Subscription Limits

The campaign has been designed to accommodate both smaller investors and larger market participants.

Minimum subscription:

100 USDT or 100 GUSD

Maximum subscription:

500,000 USDT or 500,000 GUSD

This broad participation range enables retail users to join while still supporting institutional-scale interest.

No Extra Subscription Fee

Another notable feature is the absence of additional subscription charges.

Participants are not required to pay an extra platform fee simply to submit an IPO application, making the process more transparent from the beginning.

How Allocation Actually Works

Many users mistakenly believe that subscribing early or locking the largest amount guarantees a larger allocation.

That is not how this campaign works.

Final allocations depend on several factors, including:

The number of participating users.

Total shares allocated to Gate.

Overall subscription demand.

Final IPO issuance.

The participant's average hourly locked subscription balance during the event.

This calculation encourages consistent participation rather than last-minute deposits.

It also creates a more balanced distribution process when demand exceeds available shares.

Equal Allocation Between Both Stablecoins

Gate has divided the subscription pool equally.

50% is reserved for USDT participants.

50% is reserved for GUSD participants.

This structure ensures that one stablecoin does not dominate the entire allocation process and gives users flexibility in choosing how they participate.

Why GUSD May Appeal to Some Investors

Although both stablecoins provide access to the IPO subscription, GUSD includes an additional advantage.

During the subscription period, GUSD holders may continue earning approximately 3.8% holding yield while maintaining eligibility for the IPO subscription.

Combined with zero redemption fees, this may improve capital efficiency for investors who already keep part of their portfolio in GUSD.

Rather than leaving capital completely idle during the subscription period, eligible users may continue generating yield while waiting for allocation results.

What Makes This Event Important?

The biggest story is not Jersey Mike's itself.

The bigger story is how crypto infrastructure continues expanding into traditional financial products.

A few years ago, participating in an IPO usually required opening a brokerage account, completing additional financial paperwork, transferring funds through banks, and waiting for approval.

Today, blockchain platforms are gradually simplifying that experience.

Programs like IPO Access demonstrate how digital asset platforms are evolving beyond cryptocurrency trading into broader financial ecosystems capable of connecting users with traditional investment opportunities.

This trend closely aligns with the continued growth of real-world assets (RWA), where blockchain increasingly serves as the infrastructure connecting digital finance with traditional markets.

Risks Investors Should Understand

Every IPO involves uncertainty.

Receiving an allocation is not guaranteed.

The final issue price may differ from the reference range.

Market conditions after listing can change quickly depending on investor demand, company performance, and broader economic sentiment.

Investors should therefore view IPO Access as an opportunity—not a promise of immediate returns.

Research, portfolio diversification, and risk management remain just as important as participating in the subscription itself.

Looking Ahead

As the boundaries between crypto and traditional finance continue to disappear, products like IPO Access may become increasingly common. They offer a practical example of how blockchain can do more than facilitate token trading—it can also improve access to established financial opportunities.

The Jersey Mike's (JMKE) IPO Access campaign is another step in that direction. By combining digital assets with IPO participation, dual stablecoin subscriptions, transparent allocation rules, and flexible entry requirements, Gate is expanding the ways users can engage with both crypto and traditional markets from a single platform.

For investors, the real value of this campaign is not simply the chance to subscribe to one IPO. It is the growing ability to participate in a financial ecosystem where blockchain and traditional capital markets are no longer separate worlds—they are becoming increasingly connected.

#JMKEIPOAccess @Gate_Square @GateSquare