Japan Open Chain Launches Native Token 'JOC Token' IEO Priority Early-Bird Sale Starting Today
～ Special Offer: Additional 20% Bonus Tokens for Purchases ～
Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo, hereafter referred to as “the Company”), which operates and manages the Japan Open Chain (JOC) consortium, has commenced the IEO Priority Early-Bird Sale of the “Japan Open Chain Token” (JOC) on the BitTrade platform today, November 20, 2024, at 11:00 AM JST.
◽️ Overview of the Priority Early-Bird Sale
| Maximum Total Supply | 1 billion JOC (* system limit, including unissued tokens) |
| Tokens Available for Priority Early-Bird Sale | 16,666,800 JOC |
| Sale Price | 30 JPY per JOC token |
| Purchase Unit | One unit: 166,668 JOC (5,000,040 JPY); up to 100 units |
| Minimum Purchase Amount | One unit (5,000,040 JPY) |
| Payment Currency | Japanese Yen (JPY) |
| Application Period | November 20, 2024, 11:00 AM – December 3, 2024, 5:00 PM JST |
| Sales Type | IEO via BitTrade (approved by the Financial Services Agency of Japan) |
| Lock-Up Conditions | None |
| Sales Method | First-come, first-served |
| If First-Come Quota is Exceeded | Automatic transfer to general lottery application |
| Notes | Applicants for the early-bird sale who qualify for priority or subsequently win the general lottery will receive an additional 20% of the purchased amount in tokens through a special offer by BitTrade. |
| Fees | 5% of the purchase amount |
◽️ Application Method
- Applications can be submitted via the BitTrade form.
- A BitTrade account is required. Open an account here.
- The cost per unit, including fees, is ¥5,250,042 (inclusive of fees).
- Please note: The specified amount must be fully deposited for a unit to be secured on a first-come, first-served basis. Ensure your deposit is accurate.
— Link to the Application Form —
- Before applying, please confirm that the deposit amount has been correctly credited to your account.
- The email address and phone number you enter must match those registered with your BitTrade account.
- Please apply using the BitTrade application form via the banner below.
◽️ Important Notes for Applicants
- For full details of the Priority Sales, please refer to the information page.
- A BitTrade account is required to purchase JOC tokens.
Open your BitTrade account here
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◽️ About JOC Token
The JOC Token (Japan Open Chain Token) is a fee token (cryptocurrency) required to utilize Japan Open Chain. Japan Open Chain is a blockchain project committed to adhering to Japanese regulations, offering a fast, secure blockchain managed by trustworthy operators. The project aims to make cutting-edge Web3 technology accessible to everyone, addressing global social issues through immediate transfers with fees under 1 yen and enhancing asset liquidity via NFTs. For more details, please see the information below.
- Official Website: https://www.japanopenchain.org
- Whitepaper: https://static.bittrade.co.jp/pdf/whitepaper.pdf
Additionally, to ensure liquidity for the JOC Token post-IEO, we plan to conduct a simultaneous listing on multiple global exchanges—a first of its kind in Japan—on the same day or around the same time. Starting December 23, 2024, investors worldwide, not only in Japan, will be able to purchase JOC Tokens.