According to the Gate News bot, the announcement from the Gate platform is dated August 20, 2025. Gate will launch the 299th Launchpool project, with the main token being Rekt (REKTCOIN). The event will take place from August 20, 2025, 20:00 to September 3, 2025, 20:00 ( UTC+8, with a total airdrop amount of 577,777,777,778 REKTCOIN. Users can participate in mining by staking BTC, GT, or REKTCOIN, and the system will distribute token rewards hourly based on the proportion of the user's staked assets. The REKT project is a community-driven ecosystem based on memes, integrating art, culture, and consumer goods like Rekt Drinks, mainly aimed at tech-savvy cryptocurrency enthusiasts and collectors. It is reported that Gate Labs did not participate in the investment of Rekt )REKTCOIN(. VIP 5 and above users participating in this Launchpool can enjoy a maximum staking limit bonus of 500%.