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Odaily Planet Daily News: The official page shows that Gate Pre-IPOs Phase 2 project, OpenAI (OPENAI), has completed its subscription. During this subscription period, user participation continued to heat up, with the total subscription amount exceeding $260 million and an oversubscription rate of over 1300%.

The total value of this OpenAI (OPENAI) subscription is approximately $20 million. A total of 27,700 OPENAI asset certificates were issued, supporting participation with both USDT and GUSD. The subscription price was 1 OPENAI = $722, with implied fees and custody charges waived. The platform uses the "average hourly locked amount" as the basis for asset certificate allocation. The earlier a user participates and the longer the lock-up period, the higher the allocation weight.

The OPENAI asset certificates will have their first unlock on July 17 at 19:00 (UTC+8), simultaneously completing the distribution of successfully subscribed assets and refunding funds for unsuccessful subscriptions. Pre-IPO pre-market trading in the dedicated zone will open on July 20 at 16:00 (UTC+8).

Meanwhile, multiple benefits offered by Gate for this subscription round will be distributed sequentially. Users with a successful subscription amount exceeding $10,000 will receive a 1 GT reward. Users with a subscription amount lower than 10,000 USDT will equally share a 2,000 GT prize pool. Eligible VIP users and super partners can participate in exclusive airdrop events. Additionally, users who subscribe using GUSD can enjoy a 3.8% annualized minting yield.