Metaps Alpha has released the world’s first NFT payment function in Japanese Yen using credit cards.
Metaps Alpha is the first digital item in the world to accept credit cards in Japanese yen. (NFT:Non-fungible-token) payment feature has been released. .
The company plans to introduce a variety of payment methods, not only for credit cards, such as spring, which is operated by Metaps Alpha’s group company, Pring.
In addition to credit cards, Metaps Alpha plans to introduce a variety of other payment methods, such as the fund transfer application “spring” operated by Metaps Alpha’s group company, Prin, and the company plans to continue to build an environment in which anyone can easily trade digital items (NFT) through miime.
We interviewed a representative of Metaps Alpha.
-How did you make it possible to exchange Japanese yen (credit card debt) for NFT? It would be great if you could answer from a technical point of view.
The meme’s yen payment feature allows the meme to sell users’ sales money in a manner similar to that of a typical flea market app. It’s a form of deposit once. The selling user receives the proceeds from the sale via the meme.
What differentiates Meme from typical flea market apps is that due to the nature of digital items (NFT), the item is sent immediately after the buyer completes the payment.
With the credit card payment function, the meme system links the payment process of the credit card payment agency system and the NFT transmission process of the smart contract with the meme system to realize the exchange of Japanese yen for NFT.
In order to realize DVP (Delivery Versus Payment) in securities The exchange of Japanese yen for NFT is carried out in the following sequence,: (1) booking of settlement (credit is secured), (2) sending NFT, (3) settlement is confirmed. We are doing this. We use the same method of exchanging NFTs for Japanese yen through spring payments.
-How big is the market for digital items (NFT) expected to become?
We believe the market size of the digital items market will explode as services using XR (VR/MR/AR) become more widespread, not only in games but also in services that utilize XR (VR/MR/AR).
Especially as XR penetrates into various fields such as entertainment events and sports, the market for digital items will Demand arises in a wide variety of areas, and the secondary distribution market is worth hundreds of billions of yen in Japan alone. In addition, the primary distribution market is expected to be even larger. As for primary distribution, we believe the market size will be even larger.
Editor’s comment
miime supports nine major domestic game titles, including My Crypto Heroes and CryptoSpells.
In the future, miime is looking to expand its business into non-gaming areas, such as collectible card items and high value-added products such as wine and art.
(images:iStock/inkoly)
