PANews reported on July 24 that according to the official announcement, Gate Launchpad will launch Ika (IKA) from 13:00 on July 26, 2025 to 13:00 on July 29, 2025 (UTC+8), supporting users to subscribe to IKA tokens with USD1 and GT, with a subscription price of 0.025 USD1 and a total subscription volume of 200 million IKA. Limited purchase, first come first served. The GT subscription price will be calculated 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 begins. The maximum number of tokens that a single person can obtain is 2,000,000 IKA, which will be uniformly distributed within 4 hours after the subscription ends.

At the same time, Gate will launch Ika (IKA) spot trading at 18:00 (UTC+8) on July 29, 2025, and open the IKA/USD1 trading pair. In addition, Gate Launchpad will also launch a new member gift event from now until 00:00 (UTC+8) on August 1, 2025. Registration and trading can share 2,000 GT, and the first order loss will be 100% subsidized.