Odaily News According to the official announcement, Ika (IKA) has officially launched on GateLaunchpad, and subscription is now open. The subscription period for this event is from July 26, 2025, 13:00 to July 29, 2025, 13:00 (UTC+8). Users can subscribe for IKA tokens using USD1 and GT, with a subscription price of 1 IKA = 0.001424 GT and 0.025 USD1. The total subscription amount reaches 200 million IKA.

According to the Gate News bot, as per the official announcement from Gate on July 24, 2025: Gate will open the Ika ( IKA) project subscription event on July 26, 2025, at 13:00. The total subscription amount is 200 million IKA tokens, of which 80% will be subscribed using USD1 and 20% 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 at 13:00 ( UTC+8 ), and the tokens will be distributed within 4 hours after the end of the subscription. The IKA/USD1 trading pair will open for spot trading on July 29 at 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 they did not participate in the investment of this project.