Animoca Brands, the Hong Kong-based game software and venture capital company, has partnered with Japan’s leading crypto exchange, Coincheck, and aims to increase adoption and user experiences of NFT And Metaverse in Japan.
Tech Savvy Japan’s Prime Minister Fumio Kishida has announced that the nation will be digitally transformed by the comprehensive promotion of metaverse, NFTs, and Web3. As a first step towards realizing this goal, the government is already making efforts to ease tax burdens, increase crypto exchange and investor oversight, and invest in NFT And Metaverse
A Strategic Partnership To Enhance NFT And Metaverse
In a Press Release dated October 4, Animoca Brands detailed its strategic partnership with Japanese crypto exchange Coincheck. It will augment user experience and develop metaverse and NFT communities.
Animoca Brands has further strengthened its strategic partnership with Japanese crypto exchange Coincheck to enhance user experience and develop NFT And Metaverse communities, per a press release on October 4. Earlier also, the companies joined hands to promote the NFT And Metaverse products to the mainstream audience in Japan. The association has become even more profound, and the latest strategic partnership will enable the companies to offer premium NFTs, Metaverses, gaming, and Web3 products.
The priorities have been marked out, and Animoca Brands will manage intellectual property (IP) and content development as a blockchain gaming producer. Coincheck will handle distribution and community development in the Japanese market. The Coincheck Exchange NFT marketplace will also help support NFT projects from Animoca Brands.
Coincheck NFT marketplace already has two NFT projects listed and traded. The two NFT Projects are LAND NFTs in The Sandbox and Otherdeed NFTs in the Otherside metaverse. Coincheck has also commenced work on the new metaverse city “Oasis MARS” in Otherside and the metaverse city “Oasis TOKYO” in The Sandbox.
Yat Siu, the co-founder and chairman of Animoca Brands said:
“Coincheck is a vital strategic partner for Animoca Brands. We have built a deep and trusted relationship through several open metaverse projects, and we look forward to working together even more closely in the future.”