Japan Open Chain (JOC) launched on gate Startup (free sharing of 250,000 JOC)

To reward platform users, Gate.io has launched the Startup Free Airdrop Program, which will conduct free airdrop programs for blockchain projects from time to time. Gate.io users can participate in the Startup Free Airdrop Program to receive token airdrop benefits.

This Japan Open Chain (JOC) free Airdrop will not deduct user participation funds.

Participate Steps: Step 1: Log in to your Gate.io account (complete KYC2 certification) Step 2: Hold spot assets worth no less than 10 USD Step 3: Click '$0 Free Claim' Participate Now
Japan Open Chain (JOC) Free Airdrop Redemption Rules: Start Time: December 21st, 2024 07:00 - December 23rd, 2024 07:00 (UTC+8) (Orders placed during the subscription period will be treated equally) Start trading: 11:00 on December 23, 2024 (UTC+8) (Trading Pair: JOC/USDT) Fundraising goal: $50,000 USDT Airdrop total: 250,000 JOC Unlocking method: 100% unlocked Participation Requirements: Complete KYC 2 verification and hold a spot asset balance worth no less than 10 USD. Rules of Engagement: (1) The higher the VIP level, the more StartupAirdrop shares can be claimed, and each user can claim a maximum of 8,000 shares. For more information, please refer to: https://www.gate.io/zh/announcements/article/37836 (2) Non-VIP users holding no less than 10 USD spot assets can participate in the lucky draw. The winning results will be announced after the project subscription ends. Please check if you have won in "Startup"-"Subscription History". A certain number of lucky non-VIP users will be randomly selected for the distribution of Airdrop quota. (3) The user's VIP level will be checked during token distribution, and the allocation will be determined based on the actual VIP level at the time of distribution. (4) Result Announcement: After the subscription period ends, the system will calculate all eligible subscription orders and distribute the subscription project tokens. VIP users will receive token allocation based on the proportion of their individual valid subscription quantity to the total valid subscription quantity of the project. Non-VIP users will be randomly selected as lucky users and receive an average Airdrop allocation. The subscription results will be announced before the launch. Note: Registering multiple accounts in batches or using multiple accounts by the same user to obtain startup shares will be considered cheating; any form of cheating is prohibited, otherwise the eligibility and rewards for participation will be cancelled. Learn more about the rules for receiving VIP level shares: https://www.gate.io/zh/announcements/article/37836 View the participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup
Basic Information of Japan Open Chain (JOC) Project: (According to the official information disclosure of Japan Open Chain (JOC), please pay attention to the official website of Japan Open Chain (JOC) for details). (1) Project Introduction Japan Open Chain (JOC) is an L1 blockchain optimized for enterprise-level applications, striking 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. In addition, JOC is a public chain compatible with Ethereum that operates under the stable and well-known Japanese law in politics and law. The validators of JOC are composed of highly trusted companies and organizations in Japanese society, including Sony Group, NTT Group, Dentsu Group, and several universities, ensuring compliance with Japanese law and regulations. This effectively eliminates risks such as hacker attacks and forks, ensuring a high level of security, stability, and reliability. For those who want to use Ethereum-compatible chains in the financial and business fields, JOC is a safe choice. (2) Token English full name: Japan Open Chain (3) Token full name in Chinese: None (4) Token Symbol: JOC (5) Total token supply: 1,000,000,000 (6) Token type: Native token of Japan Open Chain network (7) Issuance rules: No issuance mechanism (8) Contract Address: https://explorer.japanopenchain.org/ (9) Token Distribution Ratio: -Token Sale (IEO) 5.0%: TGE unlock 100%, lock-up period 0 months, unlock period 0 months -Initial Backers 10.0%: TGE does not unlock, lock-up period of 6 months, unlock period of 18 months -Validators 13.4%: TGE is not unlocked, with a 18-month cliff and a 100-month vesting period -Research & Development 19.5%: TGE does not unlock, lock-up period is 6 months, unlocking period is 60 months -Community Management 10.0%: TGE unlocks, lock-up period of 6 months, unlock period of 60 months -Ecosystem 30.1%: TGE unlocks 50%, no lock-up period, unlocks in 36 months -Partner Rewards 12.0%: TGE not unlocked, 0 months lock-up period, 54 months unlock period

(10) Project Official Website: https://www.japanopenchain.org/en/ (11) Project Twitter: https://twitter.com/Japanopenchain0

Gate.io Labs Investment Notice Gate.io Labs did not participate in the Japan Open Chain (JOC) investment.

5. Other considerations (1) Does not support the following countries or regions Please note that we may restrict or prohibit the use of all or part of the services (including participation in this activity) in restricted areas, including but not limited to the United Kingdom, the United States, mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea, Spain, Lugansk, Donetsk, Netherlands, Bolivia, etc. We reserve the right, in our sole and absolute discretion, to choose to provide the Services only in certain jurisdictions, or only in part of the Services. For more information about Restricted Locations, read User Agreement "[Section 2.3(d) Restricted Locations] (https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”。 Please note that we do not intend to solicit or market to customers in these restricted locations.

(2) Risk Warning ·Startup projects are Blockchain startups, still in the early stages, and there may be significant risks in the operation of the project, the underlying technology of the project, and the legal and regulatory environment. · Understanding Block chain start-up projects and assessing their inherent risks requires advanced technical and financial knowledge. Due to technical, legal, regulatory, market and other factors, the price of the project you are participating in may fluctuate sharply, and the price may significantly decrease or increase. There may be cases where you are unable to withdraw all or part of the project you participated in due to the underlying technology of the project or the Gate.io trading platform. Virtual currency projects are highly risky. The price of virtual currencies is highly volatile. The project party does not set margin and does not provide any price commitment or guarantee against breaking. Please participate only if you fully understand and can bear the risks. The platform strongly warns of the risks, but cannot be held responsible for investment actions or provide compensation guarantees.

(3) Conditions for User Participation in the Project · Register a Gate.io account and log in ·Fill in your identity information to complete KYC verification Recharge supported currencies to Gate.io account ·Sign the purchase agreement before participating (purchase agreement link)

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gate December 19, 2024