Ika is a project dedicated to building the fastest parallel Multi-Party Computation (MPC) network, aiming to provide the blockchain ecosystem with efficient, privacy-preserving data processing capabilities. MPC technology allows multiple participants to collaboratively compute results without exposing their private data. It serves as a foundational technology for the future of DeFi, AI, data marketplaces, and more.
Built on the Sui public blockchain, Ika leverages Sui’s high-speed processing and scalability, making MPC applications suitable for large-scale deployment. As a result, Ika has quickly emerged as a rising star in the secure computation segment of Web3.
Gate Launchpad prioritizes projects that demonstrate strong technical barriers, room for growth, and real-world implementation potential. Ika embodies all three:
Consequently, Ika was selected as the third project for Gate Launchpad, giving users an early opportunity to benefit from the MPC market.
Image: https://www.gate.com/launchpad/2336
Gate Launchpad offers two subscription channels for this round of Ika:
A total of 200 million tokens are available, priced at 1 IKA = 0.025 USD1. During the subscription period (July 26–29, 2025), allocation is based on users’ average hourly locked amount. Spots are limited and distributed on a first-come, first-served basis. The earlier you lock in, the more you can receive.
In addition, the GT subscription price will be calculated using the average opening price from July 24 to July 26, with the final price announced before the subscription starts. Tokens will be distributed within four hours after the subscription ends, with 100% immediately unlocked and no lock-up period.
Unlike traditional MPC, Ika places a strong emphasis on “parallelism” and “scalability.” This design ensures that, even with substantial data and a high number of participants, Ika significantly increases computational efficiency and minimizes wait times. It makes complex on-chain collaborative computations that were previously impractical now viable.
For instance, in the future, areas like on-chain gaming, AI inference, and DePIN networks could all rely on Ika’s computing power. If Ika succeeds in building a robust developer ecosystem and node network, its token, IKA, could become a core utility token.
For newcomers, the main appeal of participating in Launchpad rounds is “low cost plus strong initial liquidity.” Here’s what that means:
At this time, Gate Labs has not invested in the project, indicating that the platform remains neutral. As a result, prices will be set purely by the market, which could mean significant volatility.
If you want early exposure to the next generation of secure Web3 computing networks, Ika is a project worthy of in-depth research. With a Sui foundation, clear objectives, and straightforward subscription rules, its tokenomics is relatively transparent. This makes it suitable for crypto users interested in exploring early-stage projects.
For beginners, it’s wise to participate with a small investment, experience the full Gate Launchpad subscription process and observe Ika’s market performance post-listing. This approach will help you gradually improve your crypto investment judgment.
If you are interested in discovering emerging crypto projects, consider Gate Launchpad’s third Ika project. Subscription channels are opening soon.
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