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Ika(IKA) will open subscription on Gate Launchpad, with a minimum investment of 10 USD1 or 1 GT.
Gate News bot message, according to the official announcement from Gate on July 24, 2025:
Gate will open the Ika ( IKA) project subscription event at 13:00 on July 26, 2025. The total subscription amount is 200 million IKA tokens, of which 80% will be subscribed using USD1, and 20% will be subscribed using GT. The subscription price is 1 IKA = 0.025 USD1, and the GT subscription price will be calculated based on the average opening price of GT from July 24 to 26.
The subscription event will last until July 29, 13:00 ( UTC+8 ), and the tokens will be distributed within 4 hours after the subscription ends. The IKA/USD1 trading pair will open for spot trading on July 29, 18:00 ( UTC+8 ).
Ika is a parallel MPC network project based on the Sui blockchain. The total token supply is 10 billion, and the contract is deployed on the Sui mainnet. Gate Labs disclosed that it did not participate in the investment of this project.