Gate has officially launched its new token creation platform, named 'Gate Fun,' which operates on an innovative Layer-2 network designed to enhance scalability and efficiency in the blockchain ecosystem. This new initiative aims to provide users with an accessible and user-friendly interface for launching their own tokens, thereby fostering greater creativity and investment opportunities within the cryptocurrency space. The Layer-2 network is expected to offer improved transaction speeds and lower costs, making the process of token creation more efficient and beneficial for all participants involved.
source: https://www.coindesk.com/business/2025/09/30/gate-rolls-out-token-launcher-gate-fun-on-new-layer-2-network