According to CoinMeta, the third-phase project Moonshot AI ( KIMI ) from Gate Pre to IPOs will officially open for subscription on August 11th at 15:00 ( UTC +8), and the subscription period will last until August 13th at 15:00 ( UTC +8). This phase introduces KIMI asset certificates, which are mirror notes designed based on the changes in the corporate value of Moonshot AI ( mirror note ). The subscription price is 105-115 US dollars per share (subject to the final pricing), and the project has an implied market value of about 50 billion US dollars. This project supports dual-currency subscription with USDT and GUSD. Users who subscribe using GUSD can also enjoy a 3.8% yield on US Treasury bills in real time. After the subscription period ends, the KIMI asset certificates will be 100% unlocked and distributed on August 17th at 15:00 ( UTC +8), and it is expected that trading on the dedicated market will begin about one month after the distribution is completed.