#GateWeb3LaunchpadBOBLaunches Gate Web3 Launchpad has officially launched its first project, BOB (BOB), with subscriptions open from November 10th, 12:00 UTC to November 13th, 17:00 UTC. The offering allows on-chain subscriptions using USDT on the BNB Smart Chain, with a total allocation of 200,000,000 BOB at a price of 1 BOB = 0.023 USDT.

*Key Features of Gate Web3 Launchpad:*

- *Fully On-Chain and Transparent*: All subscription, settlement, and distribution processes are automated through smart contracts, ensuring complete transparency and reliability.
- *Decentralized Issuance Mechanism*: Built on a DEX-based public sales model, users can participate within a defined timeframe without relying on centralized custody.
- *Strict Project Review and Security Audits*: Every listed project undergoes comprehensive Gate due diligence and contract security audits, minimizing risks and ensuring a safe participation environment. ¹ ² ³

*BOB Token Details:*

- *Token Name*: BOB (Build on Bitcoin)
- *Token Supply*: 10,000,000,000 $BOB
- *Supply Reserved for Sale*: 400,000,000 tokens (4% of total supply)
- *Payment Method*: USDC, USDT
- *Minimum Bid*: $50
- *Maximum Bid*: $250,000

The BOB Community Sale is a key milestone in the journey to a community-owned Bitcoin DeFi platform, offering a discounted valuation to the last VC/institutional fundraising. ⁴