News linked to both this project and an event.
According to official announcements, Odaily reports that Gate Pre-IPOs Phase 3 project Moonshot AI (KIMI) will officially open subscription on August 11 at 15:00 (UTC+8), with the subscription period lasting until August 13 at 15:00 (UTC+8). This phase introduces KIMI asset certificates, which are mirror notes designed based on changes in Moonshot AI's enterprise value. The subscription price ranges from $105 to $115 per share (subject to final pricing), with the project's implied market value at approximately $50 billion.This phase supports subscription in both USDT and GUSD. Users subscribing with GUSD can also enjoy a 3.8% yield on U.S. Treasury bonds. After the subscription ends, KIMI asset certificates will be fully unlocked and distributed on August 17 at 15:00 (UTC+8), with dedicated market trading expected to open approximately one month after distribution is completed.As the countdown to subscription begins, Gate Pre-IPOs continues to expand participation scenarios for AI, RWA, and innovative assets, providing users with more diversified channels for pre-IPO asset participation.
Odaily News - According to an official announcement, global digital asset trading platform Gate will launch the third phase of Pre-IPOs project subscriptions, focusing on AI enterprise Moonshot AI, offering KIMI asset certificate subscription services.The KIMI asset certificate is a Mirror Note designed based on changes in the enterprise value of Moonshot AI. The subscription period runs from 15:00 on August 11, 2026, to 15:00 on August 13, 2026 (UTC+8), with a subscription price of $105-$115 per share (subject to final pricing results). The project's implied market value is approximately $50 billion, supporting subscription in both USDT and GUSD, with GUSD subscriptions additionally earning a 3.8% yield on demand U.S. Treasury bonds.After the subscription concludes, KIMI asset certificates will be fully unlocked and distributed at 15:00 (UTC+8) on August 17, with dedicated market trading opening approximately one month after distribution. Trading fees on the dedicated market are 0.5% maker fee and 1.5% taker fee. Additionally, this project charges a 5% underwriting service fee. Should excess returns be generated in the future, a 20% performance fee (Carry) will be charged on the profitable portion.The launch of the Moonshot AI (KIMI) project marks an important step in Gate's continued exploration of AI, RWA, and innovative asset service scenarios. Going forward, Gate will continue to expand more diverse asset participation channels, driving further integration between the digital asset ecosystem and traditional financial markets.
Odaily Reports, qinbafrank posted on the X platform stating that KorProtocol announced the completion of a $7.5 million Series A funding round, co-led by 1kx and Blockchain Capital, at a post-money valuation of $100 million. Other participants include Republic, Animoca, Solana, Avalanche, and others. Through its three core engines — Verify, Route, and Settle — KOR transforms creative assets into on-chain assets that are verifiable, matchable, and automatically settled. The Verify engine allows creators to register their works on-chain, recording provenance, ownership, and licensing terms. The Route engine uses data and AI to match creators, assets, labels, brands, platforms, and agencies. The Settle engine enables instant automatic revenue sharing via smart contracts and USDC on the Base chain, supporting complex split rules and recurring income. KOR currently has over 1 million registered users, more than $2 million in revenue, over 285,000 NFTs, and over 1,000 IP partners, and has collaborated with deadmau5 and "Black Mirror." Following the funding, KOR will continue to expand its IP supply, deepen partnerships, and advance network expansion.