Japan Open Chain(JOC) Startup Mining Initial Offering on Gate.io

Japan Open Chain (JOC) is now live on Gate.io Startup Mining! Stake supported assets to earn JOC token rewards every hour!

1.Japan Open Chain (JOC) Mining Rules

(1) Staking Period: 10:00 AM on December 29th - 10:00 AM on Jan 1st (UTC), 2025

(2) Startup Mining Allocation: 100.000 JOC

(3) Unlocking Rule: 100% Unlock

2.Reward Calculation and Distribution

(1)The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool

(2)Token rewards will be distributed into the spot accounts of eligible users hourly.

(3)Users can join JOC and GT Staking Pool at the same time to earn rewards from JOC pool and GT pool separately.

3.Introduction to Japan Open Chain (JOC)

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.

Website: https://www.japanopenchain.org/en/

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