double jump.tokyo secures funding from Z Venture Capital, further strengthening partnership with LINE Blockchain
Tokyo, Japan — double jump.tokyo, Inc. (Headquarters: Shinjuku-ku, Tokyo, Representative Director: Hironobu Ueno, hereinafter “DJT”) is pleased to announce that we have secured an undisclosed amount in funding from Z Venture Capital Corporation (Headquarters: Chiyoda-ku, Tokyo, Representative: Shinichiro Hori, hereinafter “ZVC”).
In addition, we will be partnering with LINE Corporation (Headquarters: Shinjuku-ku, Tokyo, President: Takeshi Idezawa, hereinafter “LINE”), a group company of ZVC that provides a uniquely developed blockchain “LINE Blockchain” through LINE TECH PLUS PTE. LTD.
DJT is excited to collaborate with the ZVC group’s companies in the blockchain industry.
■ Background and purpose of investment
DJT is the leading startup in Japan specializing in developing blockchain games and providing NFT(*1) solutions for enterprises. DJT has been a pioneer, developing popular blockchain games such as “My Crypto Saga,” “Brave Frontier Heroes,” and “My Crypto Heroes” (*2), which has a history of achieving top №1 rankings worldwide for ETH transaction volumes.
DJT also operates services such as “MCH+” its blockchain game developer support program, and “NFT PLUS,” its NFT business solution services. Furthermore, we will launch a new enterprise NFT management software (SaaS) called “ N-Suite,” which allows enterprises to securely manage multiple private keys.
With our knowledge and experience in blockchain technologies and NFTs acquired over the years, we believe DJT leads this domain in the Japanese market. Following ZVC’s investment in the company, we aim to increase the adoption of NFTs in the enterprise space, especially bringing an impact on the gaming and entertainment industry.
(*1) NFT (Non-fungible token):
A non-fungible token (NFT) refers to a cryptographic asset stored on the blockchain with unique identification codes and metadata that distinguishes the digital asset from each other, making them not mutually interchangeable. NFTs can be used to represent digital items such as photos, videos, audio, and are tracked on blockchains to certify proof of ownership and authenticity.
(*2) The current operating company of “My Crypto Heroes” is MCH Co. Ltd.
■ Collaboration with LINE
DJT previously announced a partnership with Square Enix for their first NFT digital collectible series, “Million Arthur NFT,” and the use of the LINE Blockchain. We will continue to collaborate with the LINE group in the blockchain domain to help fuel the growth of the NFT ecosystem in the gaming and entertainment industry.
For more information on this release:
June 9, 2021 — double jump.tokyo adopts LINE Blockchain for NFT digital sticker collectibles “Million Arthur NFT” using Square Enix’s IP (Japanese only).
■Quotes from representatives at DJT, ZVC, and LINE
● Hironobu Ueno, CEO, double jump.tokyo:
Blockchain and NFTs can provide transparency and visibility to the value of digital content and has the potential to change the digital economy. However, we also understand there are many challenges for the technology to be accepted and widely used by the general public. LINE Blockchain aims to provide an experience for many users to be able to easily access NFTs, so we are confident that our partnership will accelerate the growth in the NFT market in the gaming and entertainment industry.
● Hogil Doh, COO, Z Venture Captial Corporation:
DJT has always been an industry leader in the areas of blockchain games and NFTs, including the development of My Crypto Heroes. We made this investment because we are confident that Mr. Ueno, the CEO, and his brilliant team will continue to play an active role in the industry, connecting stakeholders in the blockchain community. NFTs have also been an area of focus for LVC and Yahoo as part of the Z Holdings group and we will continue to provide further support through the Z Holdings ecosystem.
● Inkyu Lim, CEO and President, LVC Corporation:
We are pleased to further strengthen our cooperation with double jump.tokyo, which leads the industry in the blockchain and NFT domain, and together, overcome the challenges in the industry. LINE will continue to provide blockchain services and technologies that can be applied to the users’ daily lives, based on our vision, “LINE Blockchain that connects to your daily life.”
■ About Z Venture Capital Corporation
Z Venture Capital Corporation serves as the corporate venture capital arm of Z Holdings Corporation, supporting startups with global potential. Z Venture Capital Corporation is the succeeding company of YJ Capital Inc., which was established in August 2012, following its merger with LINE Ventures Corporation in April 2021.
Representative: Shinichiro Hori
Headquarters: 1–3 Kioicho, Chiyoda-ku, Tokyo Tokyo Garden Terrace Kioicho Kioi Tower
■ About double jump.tokyo, Inc.
Founded in 2018, double jump.tokyo is the leading startup in Japan that specializes in developing blockchain games and providing NFT solutions for enterprises. It has developed popular blockchain games such as “My Crypto Heroes” which achieved top №1 rankings for ETH transactions. double jump.tokyo also operates “MCH+” its blockchain game developer support program, “NFT PLUS,” its NFT business solutions services, and “N-Suite” its enterprise NFT management software.
Representative: Hironobu Ueno
Headquarters: 4–34–7 Nishi-Shinjuku, Shinjuku-ku, Tokyo