"JOC"

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Japan Open Chain (JOC) is a high-performance, low-cost, legal-compliant public chain that adopts a consensus mechanism compatible with Ethereum (PoA) and supports applications such as stablecoins, NFTs, and DeFi.

As the world’s third largest economy, Japan is open to cryptocurrencies, but faces challenges with tax policies and approval processes. The crypto market is centered on NFTs and games, and is dominated by male investors, most of whom are over 30 years old. The Japanese government actively promotes Web3 technology, but the market poses obstacles to new entrants. The article also introduces Japan’s major cryptocurrency exchanges and Web3 projects, as well as regulatory policies and crypto venture capital.