If you are online, you must have seen the word NFT and must be wondering what are they.
The NFT boom is here, but what will happen now? Will it spread? Is there a market for it? With these questions in mind, we looked into what kind of companies are in the NFT market and what are their plans for the future!
Diagram of the Japanese Companies in the NFT Market
The outer frame of the company logo is colored. The borders are color-coded as follows.
- Red → Listed companies
- Blue→Start-up companies
- Green → Unlisted company
The line between companies means a cooperative company relationship such as a business alliance, a partnership agreement, or a joint demonstration experiment.
Now let’s take a closer look!
It is a marketplace where NFTs can trade. “OpenSea,” which is said to be the largest NFT marketplace, is well known both in Japan and overseas.
Looking at the NFT market in Japan chart, we can see various movements.
Large companies can try to gain the main location as an NFT marketplace in Japan. There is also a marketplace specializing in the art and anime/manga industry, which is unique to Japan. This concept of a new marketplace allows companies and major companies to collaborate.
While many NFT marketplaces such as “OpenSea” only accept virtual currencies such as Ethereum as a payment currency and do not accept physical money such as Japanese yen, many Japanese NFT marketplaces also accept Japanese yen (credit card payments or bank transfers).
If the NFT market continues to be more active, then more virtual currencies will be distributed in the future.
Here are some Japanese marketplaces.
The NFT marketplace “Adam by GMO” is operated by GMO Internet Group, which is listed on the First Section of the Tokyo Stock Exchange.
Since the press conference at the time of the release of the B version became a hot topic, many people may remember it.
Event Report】Mafumafu is eager to sell on the NFT Marketplace “I want to tell people about this revolutionary system” (30 photos) https://t.co/tBoOU9Mq6a#まふまふ #AdambyGMO #アダムbyGMO pic.twitter.com/u8EmQSmJ6f
– Music Natalie (@natalie_mu) June 16, 2021
NFT Wallet, Exchange, Virtual Currency
MERCARI and LINE, have many users on their existing services, and are moving to connect with their existing services. At the same some, both are increasing the value of users and expanding virtual currency and crypto assets to Japan.
With so many transactions being made, competition, and new ones being created, we look forward to seeing how the exchanges will change in the future!
Mercari’s business model is to sell unwanted goods and receive the proceeds in legal tender.
By thinking about a service that will make a part of it received into Bitcoin and starting the service with a casual approach, we are moving to expand virtual currency and crypto assets.
Game / Trading Card / IP Business
PLAYBACK 9 is a digital movie collection service that utilizes NFT based on blockchain technology. They have a collection of famous scenes of Yokohama DeNA BayStars players and are now available!
NFT Blockchain New Service Development
What will happen to the NFT market in the future? New services and games using the NFT blockchain are so cool, and we looking forward to seeing more services coming out in the future.