PANews reported on November 6th that, according to official news, the first project to be listed on the Gate Web3 Launchpad is BOB (BOB), which will be open for subscription from 20:00 on November 10th to 01:00 on November 14th, 2025 (UTC+8). USDT from the BNB Smart Chain (BSC) network will be supported for on-chain subscription.

The total subscription amount for this issuance is 200,000,000 BOB, with a subscription price of 1 BOB = 0.023 USDT. The maximum subscription per person is 217,391 BOB. All token subscriptions, distributions, and releases will be executed via on-chain smart contracts. 20% of the tokens will be released on the first day, and the remaining 80% will be released linearly on a weekly basis over the next 12 months.

Gate stated that BOB, as the first project on the Web3 Launchpad, symbolizes the official launch of the platform's decentralized issuance system. In the future, Gate will continue to introduce more high-quality projects, promoting the synergistic development of Web3 infrastructure and the on-chain ecosystem, and bringing a more trustworthy and transparent investment experience to global users.