Artificial intelligence is rapidly becoming the central focus of global technology competition, and OpenAI is without a doubt one of the most iconic companies in this wave of AI innovation. As ChatGPT propelled generative AI from a technical concept into mainstream adoption, OpenAI has evolved from an AI research lab into a leading enterprise that commands significant attention from global capital markets. Today, the market’s interest extends well beyond ChatGPT itself—it’s about OpenAI’s long-term role in the future of AI infrastructure, enterprise applications, and the broader intelligent ecosystem.
Against this backdrop, the Gate Pre-IPOs Phase II project OpenAI (OPENAI) has opened for subscription, offering the market a new way to track the pre-listing value changes of a top-tier AI company. The current OpenAI (OPENAI) subscription supports participation with both USDT and GUSD, and will run from July 15, 2026, 07:00 UTC to July 17, 2026, 07:00 UTC. The total project subscription value is approximately $20,000,000, with a subscription price of 1 OPENAI = $722, implying an estimated OpenAI valuation of about $895 billion.
It’s important to note that the OPENAI asset certificate is not OpenAI company stock. Instead, it is a Mirror Note, designed to reflect the market value changes of the target company before and after its public listing. As AI companies accelerate their growth, the pre-IPO phase is becoming a crucial window for capital markets to observe the trajectory of super-scale tech enterprises.
Why OpenAI Is One of the Most Watched Tech Companies in the AI Era
OpenAI’s market influence is largely driven by the rapid adoption of generative AI. The emergence of ChatGPT has transformed public perception of artificial intelligence and prompted businesses to reassess the value of AI in office productivity, software development, customer service, and industry-specific applications. However, OpenAI’s long-term value goes far beyond a single chat product.
The AI industry is now shifting from the application exploration phase to a competition for foundational infrastructure. Model capabilities, computing resources, data accumulation, and developer ecosystems are becoming key factors determining a company’s competitiveness. OpenAI’s position gives it distinct characteristics of a platform company.
It bridges model development, user applications, enterprise services, and the future intelligent ecosystem. The market’s focus on OpenAI stems from its potential to become a foundational provider in the AI era. According to the current project terms, the implied valuation for this OpenAI (OPENAI) round is about $895 billion, reflecting the market’s expectations for the future growth of leading AI companies.
Why Leading AI Companies Are Changing the Traditional Investment Timeline
Traditionally, tech companies only gained significant investor attention after going public through an IPO.
AI companies are changing this paradigm. With faster technology cycles and shorter times to market impact, some companies build a global user base, industry influence, and capital interest even before their IPO.
OpenAI is a prime example. Before entering the public market, the company had already established strong market influence through technological breakthroughs, product growth, and strategic partnerships. As a result, company value is not just created at IPO—it is increasingly recognized by the market at much earlier stages. This is why the Pre-IPOs market is attracting so much attention. Pre-IPOs focus on the development phase before a company goes public, connecting the value shifts between private market growth and future public market trading.
For investors, this offers a new perspective on the growth cycle of super-scale companies.
How OpenAI’s Market Value Is Discovered Before Going Public
A company’s value formation typically involves technological advancement, commercialization, and shifts in market expectations. For OpenAI, the core factors attracting market attention include the expansion of AI applications, rising demand for enterprise services, and the long-term growth potential of the AI industry. As AI technologies penetrate more sectors, the market is reassessing the value that leading AI companies could create. In the past, investors focused mainly on post-IPO stock performance. But for super-unicorns, much of the market’s expectations are already priced in before the IPO.
As a result, Pre-IPOs have become a vital tool connecting a company’s growth phase with the capital markets. Of course, pre-IPO assets differ from publicly traded stocks. Since the company has not officially listed, there are still uncertainties regarding future development, market conditions, and exit pathways. Investors need to fully understand the related mechanisms and risks.
How Gate Pre-IPOs Bridges OpenAI’s Growth and Future Market Potential
The Gate Pre-IPOs Phase II OpenAI (OPENAI) project presents the value shifts of a leading AI company’s pre-IPO stage in a digital format. This project uses a Mirror Note structure. Mirror Notes do not represent OpenAI stock or equity, nor do they create any ownership relationship between investors and OpenAI. Instead, they track the value changes of the target company through specific mechanisms and provide future exit options according to project rules.
For users, participating in Pre-IPOs is about tracking changes in market expectations during a company’s growth—not about holding traditional equity rights.
According to the project plan, OPENAI asset certificates will unlock in three phases after the subscription period:
- The first phase releases 25% on July 17, 2026, at 11:00 UTC.
- The second phase releases 35% on August 17, 2026, at 11:00 UTC.
- The third phase releases 40% on September 17, 2026, at 11:00 UTC.
After all phases are released, OPENAI asset certificates will be available for pre-market trading in the Pre-IPOs section.
OPENAI Subscription Mechanism, Dual-Currency Participation, and Related Benefits
Gate Pre-IPOs Phase II OpenAI (OPENAI) is currently open for subscription, allowing users to participate with either USDT or GUSD. There are two subscription pools: USDT accounts for 70% and GUSD for 30%. The minimum subscription amount is 100 USDT or 100 GUSD per transaction.
To enhance the user experience, several benefits are available. Users who successfully subscribe with more than $10,000 will receive 1 GT as a reward. Those who subscribe with less than $10,000 will share a 2,000 GT prize pool. In addition, users who participate with GUSD will also earn GUSD minting rewards. According to the rules, GUSD participants will receive an annualized minting yield of 3.8%, distributed automatically on a daily basis.
For allocation, the system calculates distribution weights based on each user’s average hourly locked-in amount during the subscription period. The earlier the participation and the longer the lock-up period, the higher the average locked amount and corresponding allocation weight.
The Growth Potential of Pre-IPOs in the AI Era
The ongoing OpenAI (OPENAI) project reflects the capital market’s interest in new forms of AI assets. As super-scale companies continue to emerge in AI, robotics, aerospace, and biotechnology, alternative value discovery methods beyond traditional IPOs are gaining traction.
In the future, company value may follow a more continuous development path: early-stage innovation supported by capital, growth phase connected to market attention through Pre-IPOs, and post-listing trading on public markets.
For AI companies, this trend is especially pronounced. The rapid pace of AI industry development means that technological leadership can quickly translate into market value. As a result, the pre-IPO stage may become a critical component of the future technology asset market. The Gate Pre-IPOs Phase II OpenAI project is a timely response to this trend, offering the market a new way to observe the growth trajectory of leading AI companies.
FAQs
When does the Gate Pre-IPOs Phase II OpenAI (OPENAI) subscription end?
The OpenAI (OPENAI) subscription period runs from July 15, 2026, 07:00 UTC to July 17, 2026, 07:00 UTC.
Is OPENAI the same as OpenAI stock?
No. OPENAI is an asset certificate in the form of a Mirror Note, and does not represent OpenAI company stock or equity.
Which currencies are supported for this subscription?
This subscription supports both USDT and GUSD.
What are the advantages of subscribing with GUSD?
Users who subscribe with GUSD will also earn GUSD minting rewards.
How can OPENAI be exited after OpenAI goes public in the future?
According to project rules, once relevant conditions are met, holders can exit via designated methods. Please refer to future platform announcements for specific details.
