BOB is here—Gate's Web3 Launchpad first project, an opportunity worth noting. Just saw the announcement: BOB is the first project on Gate Web3 Launchpad, with a total of 200 million BOB, and the subscription price is 1 BOB = 0.023 USDT. The participating chain is BSC, and each person can subscribe up to 217,391 pieces.

More importantly, the subscription, distribution, and unlocking mechanisms are all executed by on-chain smart contracts — 20% is released at the initial launch, and the remaining 80% will be released linearly over the next 12 months.

For me, these mechanisms indicate two points: first, Gate has taken the first practical step in Web3-style issuance; second, while there are participation thresholds, they are transparent, and the risk mechanisms provide basic protection. For users who want to participate in early projects but are afraid of missing the timing and do not know how to operate, this time BOB can be considered a relatively clear case.