Gate Web3 launches BountyDrop and ForeGate airdrop; 500 winners share $5,000 + New Year trading rewards
Gate Web3 today launched a BountyDrop ForeGate airdrop via the Gate Web3 App. Users can join from the app’s "Activities" page and complete tasks in the BountyDrop module. Among all task completers, 500 participants will be randomly selected to share a 5,000 USDT prize pool. Separately, Gate Web3 is running a New Year "Opening Bonus" event from December 25, 2025 to January 7, 2026: users who complete a first-time trade above a specified amount (Swap or Web3 DEX) on the Gate app will receive a guaranteed random airdrop reward and reimbursement of first-trade gas fees. Additionally, users whose cumulative Swap volume reaches thresholds can unlock tiered cash rewards. Gate Web3 positions itself as a multi-chain wallet connecting 100+ chains and thousands of DApps; BountyDrop is its in-app earn-and-discover section where simple tasks can yield airdrops or lottery entries. This campaign may boost on-chain activity, user engagement and Swap/Dex volumes on Gate’s platform in the short term. (Note: content is market information, not investment advice.)
Neutral
The announcement is primarily a user-acquisition and engagement campaign rather than a protocol upgrade or token issuance that would materially change token economics. Airdrops, gas reimbursements and first-trade incentives typically increase short-term on-chain activity and trading volume for the hosting platform (positive for Swap/DEX flow on Gate Web3), but they rarely produce sustained price momentum across broader crypto markets. The prize pool (5,000 USDT shared among 500 winners) and promotional window are modest relative to market scale, so any liquidity or price impact on major tokens is likely limited. For traders: expect temporary upticks in Gate-native Swap volumes, increased wallet app downloads and possibly higher small-cap token activity promoted through BountyDrop. Longer-term effects depend on whether Gate converts participants into retained users and larger fee-generating traders; if successful, that could gradually raise platform volumes, but it’s not an immediate bullish signal for major market indices. Similar past promotional airdrops have produced short-lived spikes in on-chain metrics and token listings without lasting price trends.