Japan's public blockchain token JOC Coin will be launched globally on December 23

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JOC Coin is the native Token of the Japan Open Chain public blockchain, and its main use is to pay the transaction fees on the Japan Open Chain.

Author: Japan Open Chain Token

Compiled by: TechFlow

G.U.Group, Inc. (Representative Director: Eiichi Kondo, Hiroaki Inaba, hereinafter referred to as "the Company"), a company headquartered in Shibuya, Tokyo, that focuses on providing Web3 solutions, including stablecoin issuance and management systems as well as the "Japan Open Chain" blockchain infrastructure, announced that its native Token "JOC Coin" will be listed simultaneously on six global exchanges starting at 3:00 AM UTC on Monday, December 23, 2024. This is the first time such a global synchronized listing has been achieved in Japan.

Global Synchronized Listing Plan

To ensure the liquidity of JOC Coin after the IEO (Initial Exchange Offering), JOC Coin will be listed simultaneously on six global exchanges. From 3:00 AM UTC on December 23, 2024, investors around the world, including Japan, will be able to purchase JOC Coin. The exchanges planned for listing are as follows:

  • BitTrade (* Note: This is the only exchange open to Japanese residents)

  • Gate.io

  • MEXC Global

  • LBank

  • XT.com

  • Bit2Me

The total daily spot trading volume of these six exchanges exceeds 2.7 trillion yen, which is about 75 times the daily trading volume of all cryptocurrency exchanges in Japan, and can provide sufficient market liquidity for JOC Coin. In the future, more exchanges are planned to be added.

  • Japanese residents can only trade through the BitTrade exchange.

  • When using the exchange, please be sure to comply with the relevant laws and regulations of your country or region.

  • G.U.Group is not responsible for any legal disputes, tax issues, or regulatory investigations arising from the use of the exchange.

About JOC Coin

JOC Coin is the native Token of the Japan Open Chain public blockchain, and its main use is to pay the transaction fees on the Japan Open Chain. This is a high-speed blockchain project aimed at fully complying with Japanese laws and operated by a reliable entity. The goal of the Japan Open Chain is to bring innovative Web3 technology to more users, enabling instant transfers with fees less than 1 yen, and enhancing asset liquidity through Non-Fungible Token (NFT) technology to address global social challenges.

Japan Open Chain: Blockchain Innovation Made in Japan

Japan Open Chain is a practical Layer 1 public blockchain operated by Japanese companies, compatible with the Ethereum network. Through collaboration with industry-leading companies and Web3 innovators, the project is committed to providing a secure, high-speed, and low-cost blockchain infrastructure for global users. The goal of the Japan Open Chain is to build the future financial infrastructure by digitizing assets such as bank-led stablecoins and Non-Fungible Tokens (NFTs), driving the transformation of global digital finance.

Currently, the blockchain is jointly operated by 16 validators (blockchain operation partners), including CORGEAR Co.Ltd., a startup under the Sony Group, Dentsu Inc., NTT Communications under the NTT Group, G.U.Technologies Inc., insprout Corporation, Kudasai Co., Ltd., Minna Bank, Ltd., pixiv Inc., TIS Inc., extra mile Inc. under the Asahi Broadcasting Group, Kyoto University of the Arts, Hatena Co., Ltd., CAC Corporation, CYBERLINKS CO.,LTD., SBINFT Co., Ltd., and Nethermind. The blockchain adopts a decentralized management model, and plans to expand the number of validators to 21 in the future.

Official website | X (Twitter) | Discord

Website: https://www.japanopenchain.org

About G.U.Group

G.U.Group is a consortium of companies, including the Japan Blockchain Foundation Co., Ltd., which is responsible for the operation and management of the "Japan Open Chain"; G.U. Technologies Inc., which focuses on stablecoin and Non-Fungible Token (NFT) solutions; and its parent company G.U. Group Inc. As a unified group, they are committed to developing secure, reliable, and cost-effective blockchain products that are easy to apply in business, and to promoting the implementation and popularization of blockchain technology in the real world.

【Company Profile】

Company Name: G.U.Group, inc.

Address: 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo

CEO: Eiichi Kondo, Hiroaki Inaba

Established: April 2018

Website: https://www.gu-group.com/

Business Overview: Web3 wallet development, Web3 browser development, and blockchain-related research

Affiliated Companies: Japan Blockchain Foundation Co., Ltd., G.U. Technologies Co., Ltd.

Media and Collaboration Inquiries

We sincerely welcome interview and speaking invitations, please feel free to contact us at any time.

G.U.Group, inc. - Public Relations Department

Contact Form: https://www.gu-group.com/ja/contact

Email: contact@gu-tech.com

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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