Japanese Stable-coin $JPYC is now on Astar Network!|Celebrating this chain support, we’ll start to distribute $ASTR token for the very first 10,000 customers.

JPYC Inc.
3 min readApr 18, 2022
Our $JPYC now on Astar Network

JPYC inc (Chiyoda-Ward, Tokyo, CEO: Noritaka Okabe), which issues Japanese Yen-pegged stablecoin $JPYC, has announced that $JPYC is now compatible with Astar Network.

At the same time, we’ll start to distribute $ASTR token, which is needed to use Astar Network, to the first 10,000 customers who purchased $JPYC on Astar via JPYC Apps. This will allow you to easily join to Astar ecosystem and experience the very new $JPYC.

Why we decided to be on Astar Network

$JPYC is currently available on Ethereum, Polygon, Shiden Network, Gnosis and Avalanche.

However, to improve the convenience as the payment method of the new era, we have to expand the compatible network.

Therefore, by enabling $JPYC issuance and circulation on Astar Network ecosystem, we think we can enhance its value as the payment method and the convenience itself.

Details of this give-away campaign

To celebrate the launch of $JPYC on Astar Network, we are going to give away $ASTR tokens, which are required to use the Astar Network.

$ASTR tokens will be distributed in the amount of “1 ASTR*10,000 = 10,000 ASTRs”.

The eligible persons are the first 10,000 arrivals.

Campaign Outline

  • Duration: from 18th April till the last 10,000th person appears
  • Distribution Amount: 1 $ASTR at a time
    →you all can get $ASTR only once per day
  • URL to buy $JPYC on Astar: https://app.jpyc.jp/
  • Eligible Person: Customers who purchase $JPYC on Astar Network at the JPYC sales site. (Click the link above)

!!! Disclaimers !!!

Please not that this campaign contents can be changed or ended without any prior notice. Thank you for all your support as always.

About Astar Network

Astar Network is a public blockchain from Japan and one of Polkadot’s para-chains focused on connecting different blockchains.

“dApps Staking”, a unique feature that incentivizes users and expands the ecosystem, is the leading feature of Astar.

In addition, it has recently become EVM-compatible, and Astar aims to provide the best solution for developers in the future by enabling EVM and WASM smart contracts to coexist in a parachain that can communicate with each other.

▼Official Page:https://astar.network/

About JPYC Inc

JPYC Inc develops and issues $JPYC, the Japanese Yen-pegged Stablecoin, which is issued as an auto-type prepaid payment method in compliance with the Payment Services Act.

While technically similar in nature to crypto assets, legally it is completely complied with Japanese law.

$JPYC is currently issued on various public blockchains, including Ethereum and Polygon.

Company infos

  • Company name: JPYC Inc
  • CEO: Noritaka Okabe
  • Location: Otemachi Building FINOLAB 4th Floor, 1–6–1 Otemachi, Chiyoda-ku, Tokyo
  • Establishment Date: November, 2019
  • Business: Issuance of ERC20 prepayment instruments, consulting on NFTs and blockchain in general.
  • Unions we belong to:
    →Blockchain Promotion Council of Japan (BCCC)
    →Japan Cash Settlement Association (Type 1 Member)
    →DeFi Association (Full Member)
    →Fintech Association of Japan (Venture Member)
  • Audit Firm: Akari & Co.
  • Official Website: https://jpyc.co.jp/
  • JPN Twitter: https://twitter.com/jcam_official
  • ENG Twitter: https://twitter.com/jpy_coin

--

--

JPYC Inc.

$JPYC is the Japanese Yen-pegged Stablecoin which complies with Japanese law.