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Cryptocurrency News Articles

Animoca Brands Japan Leads Web3 Expansion in Japan with Global Project Integration

Apr 04, 2024 at 09:54 pm

Animoca Brands Japan, a subsidiary of Animoca Brands, is launching a program to promote international Web3 projects in Japan. They aim to address challenges foreign companies face entering the Japanese market and create a seamless pathway for global Web3 expansion. The initiative kicks off with the sale of "De: Centralized Cat (D:CC)" NFTs, integrated within the blockchain game Nine Chronicles M, on the Coincheck NFT marketplace starting April 3, 2024.

Animoca Brands Japan Leads Web3 Expansion in Japan with Global Project Integration

Animoca Brands Japan Spearheads Global Web3 Integration into Japanese Market

Tokyo, Japan, April 3, 2024 - Animoca Brands Japan, a leading subsidiary of global Web3 investment and development company Animoca Brands, has unveiled a comprehensive initiative to facilitate the international expansion of Web3 projects into Japan.

Recognizing the unique challenges faced by foreign Web3 companies entering the Japanese market, including regulatory complexities, cultural nuances, and language barriers, Animoca Brands Japan has established a robust support system to bridge these gaps.

Capitalizing on Japan's thriving entertainment culture, which exhibits significant synergy with Web3 technologies, the initiative aims to seamlessly introduce and integrate international Web3 projects and non-fungible tokens (NFTs) into the Japanese landscape. This strategic move aligns with the country's deep-rooted passion for anime, manga, and gaming, offering a gateway for global Web3 ventures to tap into this vibrant market.

'Nine Chronicles M' NFT Sale Inaugurates Program

The initiative's inaugural project is the integration of "De: Centralized Cat (D:CC)" NFTs within the widely popular blockchain game 'Nine Chronicles M', developed by Planetarium Labs in South Korea. The game, an immersive role-playing game (RPG) that fosters interaction among players on a decentralized network, will offer its in-game "D:CC" series NFTs for purchase on the Coincheck NFT marketplace, commencing on April 3, 2024.

These NFTs transcend their role as mere digital assets and play a pivotal role in the game's ecosystem, enabling players to engage with unique opportunities and earn rewards. The sale of 300 "D:CC" NFT units, priced at 0.06 Ethereum (ETH) each, marks a significant milestone in integrating digital assets into gaming, bridging the divide between traditional and blockchain-based gaming experiences.

Seamless Accessibility for NFT Market Expansion

To ensure broad participation in the NFT sale, interested buyers are required to register with Coincheck NFT, highlighting the company's commitment to accessibility and user-friendliness in expanding the reach of the NFT market.

Conclusion

Animoca Brands Japan's initiative represents a pivotal step towards fostering the global adoption of Web3 technologies and the integration of international Web3 projects into Japan's thriving entertainment ecosystem. By leveraging the country's cultural affinity for innovation and its passion for digital experiences, the initiative is poised to create a fertile ground for the growth and success of Web3 ventures worldwide.

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Other articles published on Nov 17, 2024