Press releases

Japan promotes WEB3 services that use the Metaverse and NFTs

Japanese Prime Minister Fumio Kishida outlined the country's investment plans for digital transformation in Monday's speech.

Japanese Prime Minister Fumio Kishida said in a speech Monday that the country would expand the use of services Web3 that they use metaverse e NFT.

During the speech, Kishida outlined Japan's digital transformation plans, which include accelerating public-private investment by focusing on the fields of science and technology / innovation.

Japanese government

As part of the ongoing digital transformation, the Japanese government is already issuing NFT to local authorities to reward their work. The NFT proof of participation (POAP) of the statutory auditors were issued through Hazama Base, the platform that the Youth Office of the Japanese Liberal Democratic Party previously used to generate and distribute NFT. The prices NFT they are not transferable and cannot be sold on the secondary market.

Since Kishida took office in October 2021, Japan has taken steps to increase its efforts in the market Web3. The Ministry of Economy, Trade and Industry (METI) recently established a policy promotion office Web3, who will be responsible for business related issues such as finance, taxation, commercial entities (vehicles), content, sports, fashion and art in Web3.

WEB3 Policy Promotion Office

The policy promotion office Web3 will strengthen the system for examining corporate environment issues related to Web3.0 based on blockchain, in collaboration with ministries and related agencies such as the Digital Agency.

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In April, Kishida launched a task force - led by politician Akihisa Shiozaki - which published a "NFT white paper"In which he stated that Web3 is "the new frontier of the digital economyAnd outlined plans for advancing the strategy Web3 of Japan.

Criptovalute

Kishida's crypto-friendly perspective has spurred investment and movement related to cryptocurrency in the Japanese market Web3 in the last year. Among the most noteworthy is the Japanese gaming startup blockchain Double Jump, which recently raised $ 24 million in funding. Animoca Brands Japan, a strategic subsidiary of Animoca Brands, raised $ 45 million from its parent company and the largest Japanese bank MUFG.

In September, the Japanese investment banking giant, Nomura, launched his unit of cryptocurrency, Laser Venture Capital, focusing on digital assets.

  

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