3 Main Strategies to Target Japan
1️⃣ Investing in, sourcing, and supporting Japanese partners to enter Korea and the MENA region
2️⃣ Supporting NEOPIN’s partners to enter Japan
3️⃣ Collaborating with the Finschia Foundation and governance members👀Find out more on ‘NEOPIN participates in Finschia Governance’
About Japanese Web3 Industry
- Although Japan has introduced strong regulations since the local virtual asset exchange was hit by a massive hack in 2014, the government has recently been actively creating a market atmosphere to seize the hegemony of Web3.
- In April, the Web3 project team under the Japanese Liberal Democratic Party released a ‘Web 3.0 White Paper’
- With the main goal of leading the global market by creating an industry-friendly environment. Japanese Prime Minister Fumio Kishida recently delivered a keynote speech at virtual asset events such as ‘IVS Crypto 2023’ and ‘WebX’ held in Japan. He expressed a strong intention to promote the Web3 industry at the government level
Aiming to become the world’s first ‘Regulatory Certification DeFi’, we are preparing an initial plan for the DeFi regulation of ‘Abu Dhabi Global Market (ADGM)’, an international financial centre in the United Arab Emirates (UAE), which is leading the blockchain market.
As a global leader in establishing a blockchain regulatory environment, we will respond more quickly to Japan’s regulatory situation in order to settle and achieve results in the Japanese market.
Where are we now?
Increase investment and partnerships in local Web3 projects
At ’IVS Crypto 2023’ in Kyoto, we met several competitive potential partners. Advanced business discussions are underway.
We also plan to support our Japanese partners’ entry into Korea, the Middle East and Africa.
We will also support our ecosystem partners to expand their business into Japan.
Strengthening cooperation with Finschia Foundation
In July, Finschia Foundation announced its Governance Members. With the launch of governance, NEOPIN surpassed 1M block validator delegations in just four hours from the start of user staking. More than a quarter of all votes are delegated to us and we have maintained our number one voting position to date.
About NEOPIN
We have been building blockchain expertise and technology since 2017, participating as a node validator operator for various global blockchains such as Ethereum, Tron, Cardano, and Cosmos.
Since the launch of the CeDeFi protocol NEOPIN last year, the company has been selected by the Abu Dhabi Investment Office (ADIO) in the United Arab Emirates (UAE) to join its innovation program and is working with the Abu Dhabi Global Market (ADGM), an international financial center in Abu Dhabi, to create the world’s first public-private partnership for DeFi regulations.
Recently, the company launched the first ‘Ethereum Liquidity Staking’ product in Korea, which allows users to utilize DeFi services while depositing virtual assets and has also begun to target the LSD-Fi (Liquid Staking Derivatives Finance) market.
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