Gate News bot message, according to Gate's official announcement on August 25, 2025:
Gate will launch the 301st phase of the Launchpool project Alt.town on August 26, 2025, at 20:00 ( UTC+8. The token airdrop event for TOWN ) will last until September 2, 20:00 ( UTC+8, with a total airdrop amount of 2,727,273 TOWN.
Users can participate in the airdrop event by staking USDT or TOWN, and the system will distribute token rewards hourly based on the proportion of the user's staked assets. In addition, new users who register after 08:00 on August 24, 2025, and participate in the USDT staking pool, will receive a 100 USDT position experience voucher reward if they stake continuously for 48 hours with an average effective stake of no less than 100 USDT, with a total of 3000 slots available.
Alt.town is a Web3 platform focused on the value growth of virtual idols, empowering creators, fans, and brands through blockchain technology, aiming to create a sustainable and transparent fan economy ecosystem. It is reported that Gate Labs did not participate in the investment of the Alt.town )TOWN( project.