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.
- https://static.bittrade.co.jp/pdf/Public-Information.pdf
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.

◽️ "Japan Open Chain" – Blockchain Originating from Japan

"Japan Open Chain" is a public Layer 1 blockchain fully compatible with Ethereum, operated by Japanese companies with a focus on practical applications. In collaboration with leading enterprises and Web3 industry players, it aims to build a blockchain infrastructure accessible to anyone globally, offering reliability, speed, and affordability. The project also seeks to drive a digital financial revolution worldwide by creating future financial infrastructure through stablecoin initiatives by banks and digital assetization via NFTs.

Currently, 14 validators (blockchain operating partners) are participating in managing this decentralized blockchain, including CORGEAR Co., Ltd. (a Sony Group startup), Dentsu Inc., NTT Communications Corporation, G.U.Technologies Inc., insprout Corporation, Kudasai Co., Ltd., Minna Bank, Ltd., pixiv Inc., TIS Inc., extra mile Inc. (a group company of TV Asahi Holdings Corporation), Kyoto University of the Arts, Hatena Co., Ltd., CAC Corporation, and CYBERLINKS CO., LTD. This network will eventually expand to 21 validator companies.
JOC with Validators-1