PANews reported on October 27th that Gate's token launch platform, Gate Fun, has been operating smoothly since its launch, with positive market response to its first batch of token projects. As the world's first community-driven, zero-code token launch platform, the product has become a core component of the Gate Layer ecosystem.

Gate Fun integrates "token issuance" with community building. Users can create a dedicated community for their token with a single click on the web, without any additional fees or technical configuration, achieving a complete closed-loop from issuance to operation. The platform also incorporates a popularity-based incentive mechanism, allowing users to participate in community prize pools through posting, interacting, and other activities, encouraging genuine community activity and long-term participation.

Since the platform was launched, the first batch of GM tokens have performed actively in the market, with the market value increasing by more than seven times, showing the positive role of the community-driven model in promoting the early ecological construction of the project.