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Today, Animoca Brands Japan, part of the Animoca Brands family, revealed its latest venture aimed at nurturing the growth of international Web3 projects within Japan. This effort kicks off with a focus on ‘Nine Chronicles M’, a blockchain game with a global player base. Starting April 3, 2024, fans will have the chance to buy and trade “De: Centralized Cat (D:CC)” NFTs on Coincheck NFT, marking a significant step in bringing overseas Web3 projects into the Japanese market.
Japan offers a vibrant landscape for Web3 projects, thanks to its rich entertainment culture, including anime, manga, and games. These elements align well with Web3’s innovative nature, presenting a lucrative opportunity for foreign entities looking to enter this unique market. However, challenges such as navigating Japan’s distinct laws, business customs, and language barriers can complicate entry.
Since its establishment in 2021, Animoca Brands Japan has been instrumental in promoting Japanese IP and content on the global Web3 stage. Now, the company is extending its support to international IPs seeking to penetrate the Japanese market. This initiative not only showcases Animoca Brands Japan’s dedication to fostering global Web3 community growth but also highlights its role in facilitating the entry of foreign Web3 ventures into Japan.
Earlier in March 2024, Animoca Brands Japan partnered with Blowfish Studios for the NFT sale of the blockchain game PHANTOM GALAXIES™ on the αU market NFT marketplace. It also introduced a way to earn Mocaverse Realm Points in Nine Chronicles M, expanding in South Korea through partnerships. It hereby blends Korean Web3 culture in various sectors with collaborations including Cube Entertainment and others, enhancing the Mocaverse Partner Network.
Today’s announcement reaffirms Animoca Brands Japan’s commitment to acting as a pivotal link between Japan and the international Web3 sphere, aiming to encourage a mutual exchange of digital assets and innovations.