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Home Crypto News Today Market Updates

Gate Lists Incentiv’s CENT Token, Dangles a 34.5 Million-Token Airdrop

Ilampirai Arivazhagan by Ilampirai Arivazhagan
October 13, 2026
in Market Updates
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Gate Lists Incentiv's CENT Token, Dangles a 34.5 Million-Token Airdrop
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  • Gate announced on October 11, 2026 that it would list Incentiv (CENT) for spot and convert trading, with trading opening October 12, 2026 at 09:00 UTC
  • The listing comes bundled with HODLer Airdrop #343, distributing 34,482,759 fully unlocked CENT tokens to users who complete identity verification and hold at least 1 GT
  • Gate stated that Gate Labs has not invested in Incentiv, and that reward caps for the airdrop scale by VIP tier, from 5,000 GT at the lowest tiers up to unlimited for VIP 10 and above

Gate said on October 11, 2026 that it would list Incentiv’s native token, CENT, for spot and convert trading, in an announcement titled “Initial Listing: Gate to List Incentiv (CENT) for Spot Trading, Convert Trading and Launch HODLer Airdrop.” Spot trading in the CENT/USDT pair was set to begin October 12, 2026 at 09:00 UTC, with convert trading following one hour later at 10:00 UTC, and withdrawals opening the following day, October 13, 2026 at 09:00 UTC, all subject to the asset’s ongoing status on the exchange.

Gate paired the listing with HODLer Airdrop #343, a recurring promotional format the exchange uses to distribute new tokens to holders of its own exchange token, GT. The airdrop pool totals 34,482,759 CENT, with the entire amount unlocked immediately at distribution rather than vesting over time. To qualify, users needed to complete identity verification and hold at least 1 GT, with rewards then split proportionally based on each user’s GT holdings relative to other eligible participants at the snapshot.

Eligibility for the airdrop was capped according to each user’s VIP tier on the exchange, a structure Gate uses to balance participation between retail users and larger accounts. Users at VIP tiers 0 through 4 could count a maximum of 5,000 GT toward their airdrop share, rising to 7,500 GT at VIP 5, 10,000 GT at VIP 6, 13,600 GT at VIP 7, 17,000 GT at VIP 8, and 22,500 GT at VIP 9, before the cap disappeared entirely for VIP tiers 10 through 14, where users could count unlimited GT holdings toward their share of the pool. The airdrop snapshot period closed on October 12, 2026 at 08:00 UTC, just one hour before spot trading in CENT itself opened.

Incentiv describes itself as an EVM-compatible Layer 1 blockchain secured by proof-of-work, with CENT serving as the network’s gas and incentive token. Gate’s announcement disclosed the token’s allocation breakdown: 22% for the public sale, 17% for a short-term growth fund, 20% for a long-term growth fund, 15% for the team and advisors, and 26% reserved for community rewards, a split intended to leave a substantial share of supply available for ongoing ecosystem incentives rather than concentrating it among early investors and insiders.

Gate’s announcement included a standard disclosure that Gate Labs, the exchange’s venture arm, has not invested in Incentiv, a disclaimer the exchange routinely attaches to new listings to clarify that it has no direct financial stake riding on the token’s performance. The announcement, published on Gate’s official announcements page, also carried a risk warning describing Incentiv as an early-stage startup project, cautioning that prices could be highly volatile and that Gate offers no guarantee or protection against losses tied to trading the token. No funds were deducted from participants after the airdrop concluded, per the announcement.

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Ilampirai Arivazhagan

Ilampirai Arivazhagan

Ilampirai Arivazhagan is a data journalist and Web3 funding analyst at Cryip, covering venture capital activity, tokenomics, and crypto market data across global blockchain ecosystems. Her reporting applies IFCN and OSINT-based verification methods to blockchain claims, drawing on certifications in data journalism, journalism fundamentals (NBC Universal Academy), and AI for cybersecurity. Her research has been cited by Coincu and BlockEden.xyz.

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