Japan Open Chain Token

Total Supply
99,999
Token symbol
JOC
Individual cap
1,000
Event launched
2024-12-20 11:55
Registration Begins
2024-12-22 08:00
Position Calculation
2024-12-23 08:00
Start Distribution
2024-12-23 11:00
Distribution Plan
Distributions will follow the outlined schedule
2024-12-23 11:00
Distributed100%
Registration requirements
Meet any of the following conditions during the period from 2024-12-16 08:00 to 2024-12-23 08:00.
Spot Trades ≥ 1
Futures Trades ≥ 1
Claiming RulesRule Details
Snapshot Start
2024-12-16 08:00
Snapshot End
2024-12-23 08:00
Token & Eligible amount
USDT≥1000
LBK≥87000
Allocation source
Holding or principal snapshot
Project Introduction

About JOC(Japan Open Chain Token)

Japan Open Chain is a high-speed, low-cost blockchain platform designed to comply with Japanese regulations, ensuring safe and secure use for everyone. With full compatibility with the Ethereum Virtual Machine (EVM), it allows migration of existing dApps while leveraging the strengths of the Ethereum ecosystem.
The platform employs a Proof of Authority (PoA) consensus algorithm, with prominent Japanese enterprises participating as validators to build and sustain its ecosystem. Its high-speed, low-cost transactions make it an ideal solution for enterprises. Through partnerships with banks, it supports the issuance and management of stablecoins, enabling businesses to create reliable digital currencies for diverse use cases such as payments and remittances. Given its unique features, the blockchain also plays a significant role in promoting Japanese culture.
The native JOC token serves as the transaction fee token, driving blockchain adoption both with Japan and internationally.
FAQ

How to Participate

  • 1. Complete the transaction count requirement within the specified period
  • 2. When the project registration period begins, click the register button to join the project
  • 3. After registration closes, the system will calculate the tokens you can receive based on your holdings during the snapshot period
  • 4. Once entered the distribution period, the tokens will be sent to your spot account according to the distribution schedule
  • 5. If unable to register during the registration period, complete the transaction requirement and try registering again before the end of registration.
  • 6. Please note that there may be a delay in synchronizing transaction count data. If you meet the transaction requirement but cannot register, wait a moment and refresh to try again

Snapshot and Holding Requirements

  • 1. Daily snapshot assets must meet the minimum requirement: USDT ≥ 1,000 or LBK ≥ 130,000
  • 2. Only amounts meeting the minimum requirement per token are included in the allocation calculation. Daily holdings below the threshold are excluded from calculations.
  • 3. Example: If a user holds 500 USDT and LBK worth 800 USDT, totaling 1,300 USDT, the daily holding requirement is not met if it doesn’t meet the per token minimum for the project
  • 4. At the time of the snapshot, the user’s USDT holdings = spot account USDT + USDT principal in the futures account. Unrealized PnL and Futures Bonus amounts in the futures account are not counted

Allocation Calculation

  • Average Daily Holding Value = Sum of daily holding values / 3 days; daily holding value must be ≥ 1,000 USDT to qualify for allocation calculation
  • Example: If daily holdings are 1,000 USDT, 1,200 USDT, and 999 USDT, the average daily holding is (1,000 + 1,200 + 0) / 3 = 733.33. If daily holdings are 999 USDT, 999 USDT, and 999 USDT, the average daily holding is (0 + 0 + 0) / 3 = 0
  • LBank will divide the total project allocation among eligible registered users based on the proportion of each user’s average daily holding value
End
You have claimed-- JOC