Activity Report Vol.4
Oculus VR Founder Palmer Luckey and Anime News Network CEO Christopher Macdonald Appointed as Advisors to the Otaku Coin Preparation Committee

CEO from one of the largest anime news websites in the world, have been appointed as advisors

Tokyo Otaku Mode Inc. (incorporated in Delaware, U.S.; Representative: Tomohide Kamei; CEO: Naomitsu Kodaka; herein referred to as TOM) has announced that Palmer Luckey, founder of Oculus VR who started a global VR movement and previously headed a project under Facebook, and Christopher Macdonald, CEO of Anime News Network, one of the largest anime news websites in the world, have been appointed as advisors to the Otaku Coin Preparation Committee. From now on, TOM plans on continuing to appoint members of the industry as advisors. They also plan to gather a wide variety of opinions from various perspectives about how Otaku Coin — a cryptocurrency designed for the otaku content industry, such as the field of anime — can be used and how its policies can be designed to improve Otaku Coin while making it more democratic.

Palmer Luckey founded Oculus VR when he was 19 years old and designed the Oculus Rift, a virtual reality headset, which started a global VR movement. Facebook went on to acquire Oculus VR in 2014. In March 2017, Luckey left Oculus VR and its parent company, Facebook. He is currently active as an entrepreneur with a new startup in AR/VR technology to be used in the defense industry. Luckey is a fan of Japanese VR, as well as Japanese anime. In 2017, he participated in an anime event titled “Machi Asobi” in Tokushima, Japan cosplaying as a video game character, which was a topic covered on various media.

Christopher Macdonald is the CEO of Anime News Network (ANN), one of the largest anime news websites in North America. In addition to anime news, ANN also covers manga, music, and other aspects of otaku culture. In 2000, Macdonald joined ANN as co-editor-in-chief and has since guided the website from a hobby site to a successful business, first as editor-in-chief and now as CEO.

By appointing Palmer Luckey and Christopher Macdonald as advisors, TOM aims to refine the structure of the Otaku Coin project and its vision of having donations made to support industry development in ways that are suitable for the actual conditions of the industry.

In addition to Luckey and Macdonald, TOM is also approaching other industry members and specialists around the world regarding advisor positions. New appointments will be announced once decisions have been finalized.

About public opinions and feedback for the Otaku Coin Preparation Committee

Using a communication app called Telegram as well as other platforms, TOM is currently engaged in interactive dialogue with those who are interested in the Otaku Coin Project. Using the opinions and feedback it receives from not only members of the industry, but also regular users, TOM aims to construct the ideal cryptocurrency platform. Plans have been made for an information session and the release of a draft proposal in Spring 2018.

Updates will be made through the following platforms. Please feel free to offer your opinions and feedback.

Otaku Coin ICO Consideration Website: https://otaku-coin.com
Telegram: (English) https://telegram.me/otakucoin
 (Japanese) https://telegram.me/otakucoinjp
Facebook Group (Available Worldwide): https://www.facebook.com/groups/otakucoin

TOM’s tentative plan is to have this ICO launched in spring or summer of 2018. However, it does not guarantee that this ICO will be launched. As TOM continues to move forward, there is a possibility that unforeseen circumstances and issues, changes in the state of affairs in various countries, changes in public opinion toward ICOs, enactment of legal regulations and guidelines, or other unpredictable matters may arise.

*The information in this press release is not equivalent to any type of prospectus or public tender offer. It is not intended for the soliciting of stocks and bonds or encouraging of investments in stocks and bonds. Also, details regarding whether or not this ICO will be launched, how and when it could potentially be launched, and the possibility of offering token sales to Japanese residents have yet to be determined. If this ICO is launched, TOM intends on designing, promoting, and distributing it in a way that abides all cryptocurrency laws in Japan and around the world.

Press release
https://corporate.otakumode.com/en-us/press/20180111-1