Announcements Japan Open Chain(JOC): Gate.io Startup Initial Free Offering (250,000 JOC free of charge)

Japan Open Chain(JOC): Gate.io Startup Initial Free Offering (250,000 JOC free of charge)

2024-12-19 13:31:12 UTC 28295 Read

JOC/USDT -5.38%

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Gate.io has launched the “Startup Project Free Airdrop Program” in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.
User’s participation funds will not be deducted for Startup project Japan Open Chain(JOC) free airdrop.

1.How to Participate:
Step 1: Login to your Gate.io account(Complete KYC2 verification)
Step 2: Hold no less than 10 USD of spot asset
Step 3: Click “$0 Free to Claim”
<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/2116" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Join Now</span></strong></div></a></div>

2.Japan Open Chain(JOC)Startup Participation Rules
Duration: 11:00 PM 20th Dec - 11:00 PM 22nd Dec, 2024 (Orders placed by qualified users within the subscription period will be treated equally.)
Trading starts time: 03:00 AM 23rd Dec, 2024 (UTC) (Trading pair: JOC/USDT)
Fundraising Goal: $50,000 USDT
Startup Supply: 250,000 JOC
Unlocking Rule: 100% Unlock
Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.
Startup Participation Rules:
(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8,000 shares. For specific information about available shares, please refer to: <a href="https://www.gate.io/announcements/article/37836" target="_blank" title="">https://www.gate.io/announcements/article/37836</a>
(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, whether the Non-VIP Users win or not will be announced at the end of the project subscription. A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
(3) The user’s VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.
(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.
Note: That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
Learn more about the rules for available shares of different VIP levels: <a href="https://www.gate.io/announcements/article/37836" target="_blank" title="">https://www.gate.io/announcements/article/37836</a>
Check participation tutorial: <a href="https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup" target="_blank" title="">https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup</a>

3.Project Information (The information below is provided by the Japan Open Chain(JOC) team. Please follow the website for more information）
(1)Introduction：
Japan Open Chain (JOC) is a L1 public blockchain optimized for business, with a practical balance between decentralization and scalability. JOC adopts the “Proof of Authority (PoA)” consensus algorithm, which ensures sufficient reliability and excellent scalability as long as it is operated by trusted validators.
Furthermore, JOC is an Ethereum-compatible public chain operating under Japanese law, which is known for political and legal stability on a global scale. The validators of JOC are composed of highly trusted companies and organizations in Japan, including Sony Group, NTT Group, Dentsu Group, and universities, ensuring compliance with Japanese laws and regulations. This significantly mitigates risks such as hacking and chain forks, providing high levels of security, stability, and trustworthiness. For those in the financial and business sectors seeking to use an Ethereum-compatible chain, JOC presents a safe option.
(2)Token name: Japan Open Chain
(3)Token symbol: JOC
(4)Max Supply: 1,000,000,000
(5)Token Type: Native token of Japan Open Chain network
(6)Token Contract: https://explorer.japanopenchain.org/
(7)Token Distribution and Unlocked Rules:
-Token Sale (IEO) 5.0%: 100% unlocked at TGE, no cliff period, Vesting Period 0 months
-Initial Backers 10.0%: 0% unlocked at TGE, 6 months cliff period, Vesting Period 18 months
-Validators 13.4%: 0% unlocked at TGE, 18 months cliff period, Vesting Period 100 months
-Research & Development 19.5%: 0% unlocked at TGE, 6 months cliff period, Vesting Period 60 months
-Community Management 10.0%: 0% unlocked at TGE, 6 months cliff period, Vesting Period 60 months
-Ecosystem 30.1%: 50% unlocked at TGE, 0 months cliff period, Vesting Period 36 months
-Partner Rewards 12.0%: 0% unlocked at TGE, 0 months cliff period, Vesting Period 54 months

(8)Website: https://www.japanopenchain.org/en/
(9)Twitter: https://twitter.com/Japanopenchain0

4.Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs has not invested in Japan Open Chain(JOC).

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “<a href="[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d)" target="_blank" title="">[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d)</a> Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(2) Risk Warning:
-The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don’t invest beyond your financial capacity.
-The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
-Advanced technical and financial knowledge is required to understand, and evaluate the inherent risks of crypto-asset investment.
-The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
-Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
-The participant should register on Gate.io and Log in;
-After logging in, complete user identity verification;
-Deposit a certain amount of cryptocurrencies in your gate.io account;
-Sign the Purchase Agreement on Startup before placing orders.

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Gate.io Team
December 19th, 2024

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Japan Open Chain(JOC): Gate.io Startup Initial Free Offering (250,000 JOC free of charge)

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