JuCoin Launchpad is set to launch the Initial Exchange Offering (IEO) for OSTRA on July 1, 2025. The offering will feature 100 million OSTRA tokens at an issue price of 0.022 USDT each. Investors can participate with a minimum purchase of 100 USDT and a maximum of 5000 USDT. The IEO will run from July 1, 12:00 (UTC+8) to July 3, 18:00 (UTC+8), with settlement scheduled for July 4, and the Token Generation Event (TGE) on July 5.
OSTRA has partnered with Indonesia's state-owned electricity company PLN to develop a stable electric vehicle charging network across Southeast Asia. Utilizing modular charging stations and blockchain technology, OSTRA aims to deploy these networks at key transportation hubs. The OSTRA tokens, issued on the JuChain public chain, will enable on-chain securitization of charging assets, offering token holders revenue-sharing airdrops and operational benefits from PLN's grid stability.