Gate Launchpool No. 3: Ika (IKA) Opens for GT and USD1 Commitment, FCFS Allocation
Gate Launchpool No. 3: Ika (IKA) Opens for GT and USD1 Commitment, FCFS Allocation
Ika (IKA) will be launched on Gate Launchpad, enabling users to participate in the subscription using USD1 and GT. Subscription quotas are limited and allocated on a first-come, first-served basis. Gate Launchpad enables users to gain early access to premium assets, participate in the ecosystem's early growth, and secure potential star tokens ahead of the market.
Below are the subscription guidelines for Ika (IKA). Please read carefully:
Basic Subscription Information
Project Name: Ika
Token Symbol: IKA
Total Allocation Available: 200,000,000 IKA
USD1 Pool (80%): 160,000,000 IKA
GT Pool (20%): 40,000,000 IKA
Subscription Method: Subscribe with USD1 and GT (Borrowed funds are not eligible to participate in Gate Launchpad subscriptions)
Subscription Price:
1 IKA = 0.025 USD1
GT subscription price will be based on the average opening price of GT on July 24, 25, and 26 (UTC+8), and will be announced 2 hours before the subscription opens.
Maximum Allocation per User: 2,000,000 IKA
USD1 Pool cap per user: 1,600,000 IKA
GT Pool cap per user: 400,000 IKA
Subscription Period: July 26, 2025, 05:00 – July 29, 2025, 05:00 (UTC)
Distribution Time: Within 4 hours after the subscription ends
Spot Trading Time: July 29, 2025, 10:00 (UTC)
Trading Pair: IKA/USD1
Unlock Method: Unlock 100%
Subscription Rules
- Eligibility:
Users must complete identity verification and meet the minimum participation requirement. - Participation:
Users can subscribe with USD1 and GT. Minimum Subscription: 10 USD1 or 1 GT. - Token Allocation:
The system will calculate and allocate tokens based on the proportion of each user's average hourly subscribed amount during the subscription period to the project's overall average total subscribed amount. The earlier you subscribe, the higher your returns. - Token Distribution:
Subscribed funds are locked during the subscription period and cannot be withdrawn. After the subscription ends, the system will deduct the cost of the allocated tokens from the locked funds and refund any remaining amount. If the number of tokens allocated is less than the subscribed amount, the difference will be unlocked and refunded after distribution. Allocations below 0.00000001 IKA will not be issued, and the full subscribed amount will be refunded. - Pricing:
Cryptocurrency investments are highly risky. While this commitment follows a fair and public model, token prices may still be subject to volatility and low liquidity. Please ensure you understand the project and its risks before participating.
How to Participate
Web: Log in to your Gate account and complete Identity Verification → Click [Earn] and select [Launchpad] → Select the project you want to participate in and click [Commit Now] → Enter the commitment amount and confirm.
App: Please upgrade to version 7.10.1 or above, log in to your Gate account and complete Identity Verification → Tap [Earn] and select [Launchpad] → Select the project you want to participate in and tap [Commit Now] → Enter the commitment amount and confirm.
Project Details
- Ika (IKA) Introduction: Ika is the fastest parallel MPC network in coordination with Sui.
- Ika (IKA) Project Basics: (According to official disclosures by Ika (IKA). For details, please refer to the official Ika (IKA) website.)
(1) Token Name: Ika
(2) Token Symbol: IKA
(3) Total Supply: 10,000,000,000
(4) Token Type: SUI
(5) Contract Address: https://suiscan.xyz/mainnet/coin/0x7262fb2f7a3a14c888c438a3cd9b912469a58cf60f367352c46584262e8299aa::ika::IKA/txs
(6) Official Website: https://ika.xyz/
X (Twitter): https://x.com/ikadotxyz
Gate Labs Investment Disclosure
Gate Labs did not invest in the investment of Ika (IKA).
Notes
- The Launchpad project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Understanding and assessing the inherent risks of blockchain startup projects requires advanced technical and financial knowledge.
- The price of the project you are participating in may fluctuate significantly due to technical, legal, market, and other factors. Prices may fall or rise significantly.
- Cryptocurrency projects carry a high level of risk. Cryptocurrency prices are highly volatile. Project teams do not set margins and do not offer any price commitments or guarantees against price drops. Please participate only if you fully understand and can afford the risks. The platform strongly warns you of these risks, but cannot assume any liability for investment losses, including guarantee compensation.
- In the event of any discrepancy between the translated version and the English version, the English version shall prevail.
- Gate reserves the right of final interpretation of this event.
- Users in the UK and other restricted regions are unable to access all or part of the services (including participation in this event, games, or competitions). For detailed information on restricted regions, please read the User Agreement.
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