Gate Launchpad to Launch Ika: The Parallel MPC Network’s Rising Star Set for Token Sale

2025-07-24 10:54:49
Beginner
Quick Reads
Gate Launchpad introduces its third flagship project, Ika (IKA), now open for subscription with USD 1 and GT. Availability is limited. Subscriptions are processed on a first-come, first-served basis. In this article, you'll find a comprehensive overview of IKA's subscription rules, important timeline details, and project highlights.

What Is Gate Launchpad?

Gate Launchpad is Gate’s flagship platform for launching premium new projects. It allows users to participate in token offerings at early-stage prices, giving them access to high-potential tokens before they debut on exchanges. Launchpad lets users lock in assets ahead of listing and benefit from early project growth. Each Launchpad round provides detailed subscription terms and a schedule, ensuring user participation is both safe and transparent.

Ika (IKA) Project Overview


Source: https://ika.xyz/

Ika is a parallel MPC (Multi-Party Computation) network built on Sui, designed to be the fastest multi-party computation solution available. By leveraging Sui’s high-performance architecture, Ika delivers faster and more secure computing services, making it a foundational piece of Web3 data privacy and collaborative computing infrastructure.

Key Information:

Gate Labs does not have any investment in this project and maintains a neutral position.

IKA Token Subscription Details

The third round of IKA token subscription on Launchpad is arranged as follows:

  • Total Offering: 200,000,000 IKA
  • USD1 Subscription (80%): 160,000,000 IKA
  • GT Subscription (20%): 40,000,000 IKA
  • Price: 1 IKA = 0.025 USD1
  • GT Subscription Price: Determined by the average opening price of GT from July 24–26, announced before subscription begins
  • Subscription Period: July 26, 2025, 1:00 PM to July 29, 2025, 1:00 PM (UTC+0)
  • Spot Trading Starts: July 29, 2025, 6:00 PM (UTC+0), trading pair IKA/USD1
  • Unlock Policy: 100% unlocked at launch, no lock-up period
  • Individual Cap: USD1 Pool: max 1,600,000 IKA; GT Pool: max 400,000 IKA; Total max per user: 2,000,000 IKA

For full details, see the official announcement: https://www.gate.com/announcements/article/46292

How to Participate in Gate Launchpad Phase 3


Source: https://www.gate.com/launchpad/2336

Step 1: Complete Identity Verification

Make sure your Gate account has completed KYC verification. If your account is not verified, you will be unable to participate in the subscription.

Step 2: Fund Your Account

Deposit USD1 or GT into your spot account. The minimum to subscribe is 10 USD1 or 1 GT.

Step 3: Navigate to the Launchpad Page

  • Web: Log in to Gate → Click “Wealth Management” → Select “Launchpad” → Choose Ika (IKA) project → Click “Subscribe Now”
  • App: Update to version 7.10.1 or later (required for participation) → Log in → Go to “Wealth Management” → Access the Launchpad section

Step 4: Subscribe

Enter the amount you wish to subscribe to and confirm. After the subscription period ends, tokens will be allocated on a pro-rata basis. Any unallocated funds will be refunded automatically.

Note: All funds are locked during the subscription period and cannot be withdrawn in advance.

Ika Project Risk Warnings & Platform Statement

As a blockchain start-up, Ika involves the following risks:

  • Technical Uncertainty: MPC network technology is still nascent and could face development or operational difficulties.
  • Market Volatility: Token prices may fluctuate sharply at launch and could drop below the offering price.
  • Legal and Regulatory Risks: Regulatory changes could impact the project’s long-term viability.

We urge users to fully research the project and thoroughly assess risk before subscribing. The platform provides no guarantees or compensation for investment outcomes.

Summary: Is the IKA Subscription Worth It?

Ika offers innovative privacy computing and Web3 infrastructure via a parallel MPC network—an approach that stands out in today’s crypto market. Built on Sui, it aligns with the latest Layer 1 scaling trends. Gate Launchpad’s subscription terms are transparent. The entry barrier is low. There is full token unlock at launch. This provides early participants with strong liquidity.

If you are new to crypto or interested in promising new projects, monitor IKA’s performance and consider participating with appropriate caution. Ensure you manage your exposure and invest responsibly.

Author: Max
Disclaimer
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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