Ten Issues Concluded: A Comprehensive Review of Ju.com’s Second Round Meme IPO Plan

From March 28, when the first phase of CHIBIPA officially opened for subscription, to April 29, when the tenth phase of ASTEROID completed its TGE, it took more than a month, marking a successful conclusion to Ju.com's "Second Round Meme Ten-Phase New Investment Plan." This round of new investment not only broke multiple records on the platform itself but also validated a truly "retail investor-friendly" new investment mechanism with solid data:

No lock-up period throughout, funds available as spot immediately, dynamic winning rates adjusted according to fund scale, multi-currency unified and converted based on USDT, with invitation rewards up to 20% of the issuance amount.

The total subscription funds for the ten phases exceeded 1 billion USDT, with total participants surpassing 470,000. The average new investment yield for the first nine phases exceeded 42%, while the tenth phase set a record high of 61%.

Core Data Overview of the Ten Phases

（Click the image to view the complete electronic spreadsheet）

Trends from the Data: Fund Size and Participation Heat Rise in Sync

Looking at the data across the ten phases reveals several clear trend lines:

• Overall upward trend in fund size. The 143 million in the first phase was a special high opening, with the second to fifth phases fluctuating between 50 million and 95 million. From the sixth phase onward, it stabilized above 90 million, with the eighth, ninth, and tenth phases all breaking 100 million, and the tenth phase reaching a new high of 139.6 million. This "wave-like advance" curve indicates that user trust in the mechanism is gradually accumulating rather than being a one-time pulse participation.

• Continuous growth in the number of participants. The first phase had 42,000 participants, while the tenth phase had 57,000, with a total of over 470,000 participants across the ten phases. In the context of intense competition in the crypto industry, the ability of a new investment plan to maintain growth in participant numbers over ten phases indicates that a word-of-mouth effect has already formed.

• Differentiated but consistently positive new investment yields. The lowest yield was 30% for BABABOOEY, while the highest was 61% for ASTEROID, with all phases above 30%. This means that even if you had the worst luck and only won the lowest-yield project, your principal would not have suffered any loss. This is a rare certainty in the highly volatile crypto market.

Dynamic Winning Rate: Protecting Retail Investors and Preventing Monopoly by Big Players

One of the biggest headaches for retail investors in traditional new investments is that larger funds gain more advantages. Big players pile in money, the winning ratio remains unchanged, and small investors get diluted. Ju.com's dynamic winning rate logic reverses this: starting at 1%, it increases by 0.2% for every additional 5 million USDT, with no upper limit.

Taking ASTEROID as an example, the initial 5 million corresponds to 1%, with an excess of 134.64 million, including 26 increments of 5 million, resulting in a final winning rate of 1% + 26×0.2% = 6.2%. In other words, the more funds you have, the higher the winning rate, benefiting everyone proportionally, while the marginal effect of big players piling in money decreases.

This mechanism also has a side effect: it encourages early entry and continuous participation. Early on, the fund base is low, the winning rate is low, but competition is also less; as time goes on, the funds increase and the winning rate rises accordingly. Those big players who rush in with money at the end objectively help everyone increase their winning rates.

No Lock-Up Period: What Are Those Three Words Worth?

Funds are credited directly after TGE, available as spot, and can be moved at any time. There is no lock-up period, no linear release, and no "let's talk again in three months."

This may sound obvious, but in a market filled with "18-month linear unlocks" and "5% TGE unlocks," it is not. Users do not need to gamble on whether the project party will dump, nor do they need to calculate how much of the market price remains when the lock-up period expires. If the listing price is higher than the subscription price, sell; if you want to continue holding, no one will stop you.

After ten phases, all project listing prices were above the subscription price (0.1 USDT). The lowest was 0.13, and the highest was 0.161. This means that no matter which phase you participated in, winning meant positive returns, without exception.

Threefold Returns: Cashing Out New Investments, Compounding, and JU Appreciation

The biggest difference between Ju.com's new investment and traditional new investments is that it is not just a "winning means profit" single-point event, but rather constructs a "threefold return" overlay system.

The first layer is the direct returns from each phase of new investment. Taking the tenth phase as an example, the overall fund yield was 3.8%, meaning if you invested 1000 USDT, the yield from the winning portion would be about 38 USDT. This number may not seem large, but remember, this is just the yield from a single phase, single time.

The second layer is compounding. Since each phase's settlement is immediate, funds can be immediately reinvested in the next phase. When users invest all their principal and profits from the previous phase into the next phase, the utilization of funds is exponentially increased. The average new investment yield for the first nine phases was about 42%, with an average fund yield of about 2%, leading to a very considerable cumulative effect after rolling over nine times.

The third layer is the appreciation of JU. During the second round of new investments, JU rose from about 1.9 USDT at the start to over 4 USDT. For those users who participated in new investments using JU, they not only earned profits from the new investments but also enjoyed the appreciation of JU itself. More importantly, a considerable proportion of the funds raised in each phase of new investment was in JU, which was locked in the new investment pool, reducing the circulating supply in the secondary market and further driving up the price of JU. This positive cycle of "new investment demand pushing up JU → JU price increase attracting more users to participate in new investments" ran throughout the entire second round.

Industry Comparison: 42.5% Average Yield Significantly Ahead

To understand the value of Ju.com's second round average yield of 42.5%, one must first look at the overall industry level.

According to statistics from CoinGecko and several crypto data platforms, the average new investment yield (calculated based on the opening price on TGE day) for mainstream exchange Launchpads ranges from 10% to 40%.

In contrast, the characteristics of Ju.com's second round of ten phases of new investments are: all phases had positive yields, with the lowest at 30%, the highest at 61%, and an average of 42.5%. More importantly, the no-lock-up mechanism allows for immediate cashing out of profits, avoiding the classic tragedy of "paper wealth turning to zero upon unlocking." At the same time, the dynamic winning rate model places retail investors and big players on the same winning rate curve, rather than the "money is king" approach in traditional new investments. These designs collectively transform new investments from a zero-sum game of "competing funds, competing luck" to a positive-sum gain of "competing participation, competing patience."

The True Barrier to New Investments Is Not Capital, but Mechanism

The second round of ten phases of new investments, with over 1 billion US dollars and 470,000 participants, validates a simple truth: what users truly need in the new investment space is not more complex financial tools, but a fair, transparent, low-threshold, and straightforward mechanism. The dynamic winning rate prevents retail investors from being crushed by big players, the no-lock-up allows profits to be truly secured, multi-currency participation lowers the entry threshold, and invitation rewards turn every user into a dissemination node.

The true barrier to new investments has never been capital, but mechanism. Ju.com has already proven through two rounds of new investments that it knows how to design a mechanism that encourages users to continue participating.

All data in this article comes from Ju.com official announcements and activity pages. Historical returns do not represent future performance. Investing in digital assets carries high risks, with significant price volatility. Users should participate rationally based on their risk tolerance and should not invest more than they can afford to lose. Ju.com is not responsible for any losses incurred by users due to participation in new investments.