Japan Open Chain (JOC) Subscription Result Announcement

1. About the Japan Open Chain (JOC) subscription results

Gate.io Startup project Japan Open Chain token JOC will start ordering at 07:00 on December 21, with equal treatment within 48 hours of ordering. A total of 74,375 people placed orders, and the distribution factor is approximately 0.00070744837311449. According to the listing rules, the subscription for the JOC project is successful, and Gate.io will distribute the Japan Open Chain token JOC based on each person's ordering situation and the distribution factor of each ordered currency.

Users can check the participation details in the "My Startup Projects" section: https://www.gate.io/zh/myaccount/mystartup

Total distribution of JOC: 250,000 JOC Total received subscription orders worth 220,441,460 USDT Total valid subscription orders USDT value: 220,274,380 USDT Token Amount per Share: 31.25 JOC Total order quantity: 74,375 Effective order quantity: 67,542 Order efficiency: 90.81% Order placement capital efficiency: 99.92 % Total number of participating users: 74,375 Valid Independent User Count: 67,542

The subscription factor F for participation through USDT = 0.00070744837311449

All users will be allocated project tokens fairly according to the previous rules. In order to ensure consistent transparency, Gate.io will reserve all original subscription records for possible third-party audits in the future.

2. About the JOC online trading

Gate.io will open JOC trading at 11:00 on December 23 and subsequently enable withdrawal services.

(1) The JOC deposit address is: https://www.gate.io/zh/myaccount/deposit/JOC (2) The trading address is: https://www.gate.io/zh/trade/JOC_USDT

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gate December 23, 2024

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