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!
NFT Marketplace
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.
Adam byGMO
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
– 音楽ナタリー
Rakuten NFT
RakutenNFT combines a marketplace to purchase and sell on a unique platform that enables IP holders to issue NFTs and build sales sites in a one-stop shop.
Since it is easy to use with a Rakuten ID, it may open an opportunity for NFT to further spread.
Shinwa Wise Holdings
Shinwa Wise HoldingsNFT business is the largest planner and operator of public auctions of artworks.
The main reason for Shinwa Wise to enter the NFT art market is to prevent artworks from being forged or counterfeit.
To overcome the situation where artworks are being forged, the company has decided to develop this new NFT service to realize countermeasures against art works forgery by utilizing NFT, a technology that guarantees non-substitutability.
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!
Mercoin
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.
Coincheck
Coincheck operates Coincheck donations, is a Bitcoin donation crowdfunding service.
Game / Trading Card / IP Business
This is an exciting area for future changes.
The possibilities of IP business have been expanding steadily since the NFT trading card game “NBA Top Shot” became popular.
PLAYBACK 9
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!
CRYPT SPELLS
“CRYPT SPELLS” is an online trading card game developed by incorporating blockchain technology.
Acquired cards are recorded in NFT and the ownership of the cards remains with the user, allowing them to be exchanged for items in different games.
NFT games are rapidly expanding, and we are entering an era where you can make money from games.
NFT Blockchain New Service Development
This is the most exciting and thrilling area! This is the area where NFT technology is used to solve problems and develop new businesses.
The world will change as NFT is utilized more and more.
Kyuzan Corporate SiteKyuzan Co., Ltd. is a company that operates the blockchain game “EGGRYPTO“.
A new service created by such a company! Service “MINT” that supports the opening of NFT (Non-Fungible Token) shops!
You can create your own NFT e-commerce store, too!
Gaudiy Co., Ltd.
“Gaudiy” is a community service using blockchain technology.
“Gaudiy” is equipped with chat, bulletin board, activity, and gift functions, and has a mechanism to reward community participants by utilizing the mechanism of virtual currency.
This service allows you to create a community using NFT technology.
Summary
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.
