Japan Open Chain Achieves Early-Bird Sale Target in IEO

〜 100 Units Sold, Totaling 500 Million Yen 〜

Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo, hereinafter referred to as "the Company"), which operates and manages the consortium of Japan Open Chain (JOC), is pleased to announce that BitTrade Inc. (Headquarters: Minato-ku, Tokyo; CEO: Lei Guan, hereinafter referred to as "BitTrade") has achieved the target of 100 pre-sold units, amounting to 500 million yen, for the Japan Open Chain Token (JOC) Early-Bird Sale conducted from November 20 to December 3, 2024, as of the end of last week.

bnr-ieo-accomplished_en-1

 

The Early-Bird sale for this IEO is still open for purchase applications until 5:00 PM on December 3, 2024. Any applications exceeding the Early-Bird will automatically transition to the general sale. However, customers whose applications transition to the general sale but initially applied for Early-Bird-sale will still receive the same benefits as the Early-Bird sale allocation—specifically, an additional 20% of the purchase amount in JOC tokens.

As such, those considering a bulk purchase are encouraged to apply by 5:00 PM on December 3, 2024, to take advantage of these benefits. We look forward to receiving your applications.


For further details, please refer to the "Disclosure Information on the Sale and Handling of Japan Open Chain Token (JOC)" (https://static.bittrade.co.jp/pdf/Public-Information.pdf).

◽️ Early-Bird Sale Information

Sales Period November 20, 2024 (Wednesday), 11:00 AM JST – December 3, 2024 (Tuesday), 5:00 PM JST
Number of Tokens for Early-Bird Sale 16,666,800 JOC
Sales Price 30 JPY per JOC
Fees 5% of Purchase Amount
Purchase Unit 1 Unit: 166,668 JOC (5,000,040 JPY). Up to 100 Units
Minimum Purchase Amount 1 Unit: 5,250,042 JPY (Including fees)
Accepted Payment Currencies Japanese Yen
Sales Format IEO via BitTrade
Lock-Up Conditions None
Sales Method First-Come, First-Served Basis
If Early-Bird Sale Priority Quota is Exceeded Automatically transitions to general lottery application
Early-Bird Sale Priority Benefits Applicants for the pre-sale, whether they qualify for the priority sale or subsequently win the general lottery, will receive an additional 20% of their purchased token amount for free from BitTrade.

◽️ How to Apply for the Early-Bird Sale

  • Applications can be submitted through the BitTrade application form.
  • A BitTrade account is required.
    Open an account here.
    ↓↓↓↓↓
    786x150
  • The purchase amount is 5,250,042 JPY per unit (including fees).
    • The purchase will not be considered on a first-come basis unless the payment amount has been deposited. Please ensure that your BitTrade account has sufficient Japanese Yen balance in advance.
    • Please confirm that the required Japanese Yen balance is correctly reflected in your BitTrade account before applying.
  • You must enter the same email address and phone number registered with your BitTrade account.
  • Access the application form here.4-web_2560_460-6

 

◽️ Important Notes for Application

  • Details of the Early-Bird sale can be found on the following page.
    https://static.bittrade.co.jp/pdf/Public-Information.pdf
  • To apply for a purchase, you must pre-deposit the amount in Japanese Yen, which includes the sale price multiplied by the number of units applied for and the additional fee.

◽️ About JOC Token

JOC Token (Japan Open Chain Token) is a fee token (cryptocurrency) required to use the Japan Open Chain. Japan Open Chain is a blockchain project designed to comply with Japanese laws and provide a high-speed blockchain operated by reliable entities. Its goal is to make innovative Web3 technologies accessible to everyone, addressing global social challenges through instant transfers with fees under 1 yen and asset liquidity enhancement via NFTs.

Furthermore, to ensure liquidity after the IEO, JOC Token is scheduled for a groundbreaking simultaneous listing across multiple exchanges worldwide (on the same day or within the same period), a first for Japan. Starting from December 23, 2024, investors not only in Japan but across the globe will be able to purchase JOC Tokens.

◽️ "Japan Open Chain": A Blockchain Originating from Japan

Japan Open Chain is a practical, Ethereum-compatible (Layer 1) public blockchain operated by Japanese companies. Together with leading industry giants and Web3 innovators, it aims to provide a secure, high-speed, and low-cost blockchain infrastructure accessible to users worldwide. This project seeks to revolutionize global digital finance by building future financial infrastructure through initiatives like bank-led stablecoin projects and the digitization of assets such as NFTs.

The blockchain is currently operated by 14 validators (blockchain operation partners), including CORGEAR Co.Ltd., a Sony Group startup; Dentsu Inc.; NTT Communications from the NTT Group; G.U.Technologies, Inc.; insprout Corporation; Kudasai Co., Ltd.; Minna Bank, Ltd.; pixiv Inc.; TIS Inc.; extra mile Inc., a TV Asahi Group company; Kyoto University of the Arts; Hatena Co., Ltd.; CAC Corporation; and CYBERLINKS CO.,LTD. The blockchain is managed in a decentralized manner and is expected to expand to 21 validators in the future.

JOC with Validators-1

Official Site | X (Twitter) | Discord

786x150