With a massive amount of recent policy changes, Japan continues to look towards crypto adoption with cutting-edge Web3 hub in collaboration with Astar.
Covered:
- Fukuoka Partners With Astar Japan
- Why Astar?
In a brand new collaboration, Japan’s second-largest port city and a designated National Special Strategic Zone, Fukuoka, aims to become the Web3 hub of Japan by teaming up with Astar Japan Lab to work on local Web3 use cases. The collaboration was announced by Astar Network founder Sota Watanabe and Fukuoka Mayor Soichior Takashima at the “Myojo Waraku 2022” conference held in Fukuoka on October 13th.
More than 45 companies including Microsoft Japan, Amazon Japan, SoftBank, and more have joined this initiative through the country’s No.1 blockchain Astar Network. Fukuoka City Mayor Soichior Takashima supporting the Web3 aspirations said, “We have to do in the context of Web3 what large companies did for the world when Japan was strong. We believe it is important to move forward together with the government, Fukuoka City, and companies that represent Japan.”
Fukuoka is emerging as the Silicon Valley of Japan and this partnership is part of its long-term strategy to attract businesses globally. Astar will provide education and identify new avenues for local businesses to promote “collaboration between domestic businesses and Web3 service providers” to accelerate Web3 adoption.
Astar Network has been voted the most popular blockchain in Japan, and is the blockchain of choice for both local and international projects that are planning to enter the Japanese market.
Astar, The Future of Smart Contracts for Multichain, has a vibrant ecosystem has become Polkadot’s leading Parachain globally, and offers the flexibility of Ethereum for developers to build their dApps. Astar SpaceLabs offers an Incubation Hub for top TVL dApps to accelerate growth on both the Polkadot and Kusama Networks.
Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanics with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM).
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