Welcome to Japan Web3 Weekly, your 5-minute recap of the Japanese web3 market’s pulse every Sunday! 🚀
Last week, Asia’s largest Web3 event, WebX, was held in Tokyo, attracting over 14,000 visitors over two days. The atmosphere was incredibly energetic, surpassing last year’s excitement. The event had a strong international flavor, with participants from various countries worldwide. Coinciding with WebX, Japanese Web3-related news was abundant. Following last week’s trend, Sony Group continues to show active involvement, while the momentum of financial conglomerate SBI Group is also remarkable.
This Week’s Highlights:
1. 🚀 Japanese Web3 Startup Raises Over $10 Million in Series D First Close
– double jump.tokyo, Inc. announced on August 28, 2024, that it has raised over $10 million in the first close of its Series D funding round, led by SBI Investment.
– Investors include SBI Investment (lead), Sony Group, Gate Ventures, and four others.
– The company plans to strengthen business collaborations with new investors, including NFT marketplace partnerships with SBI Group and development on Sony Group’s Ethereum Layer 2 blockchain “Soneium”.
– double jump.tokyo is set to release “Battle of Three Kingdoms – Sangokushi Taisen -“, a blockchain game utilizing SEGA‘s IP, this fiscal year.
LINK🔗: https://lnkd.in/dpUBhzFg
2. 🎮 Game-Focused Blockchain Oasys Forms Strategic Partnership with SBI Holdings
– The partnership aims to improve liquidity of Oasys’ native token OAS and strengthen its ecosystem.
– Future plans include joint campaigns, seminars, and potential addition of the Oasys chain to SBI VCトレード‘s “SBI Web3 Wallet”.
– SBI Group is Japan’s largest internet-based financial conglomerate and is actively investing in the Web3 market. Since investments in Ripple (2016) and R3 (2017), the group has acquired market maker B2C2, operates licensed crypto asset exchanges, and owns DeFimans, which runs Messari Japan.
LINK🔗: https://lnkd.in/djxzErkX
3. 🌐 Sony Group’s Blockchain “Soneium” Launches Testnet
– On August 28, 2024, Sony Block Solutions Labs (SBSL) launched the “Minato” testnet for its blockchain “Soneium”.
– SBSL also announced the upcoming “Soneium Spark” incubation program, offering up to $100,000 investment per team for developers, creators, and projects on Soneium.
LINK🔗: https://lnkd.in/ddbD63Cw
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