Posts

Showing posts with the label web3 services

Japan will increase investments into NFT and metaverse, says PM

Image
Join Our Telegram channel to stay up to date on breaking news coverage NFTs have been one of the most popular aspects of the crypto industry ever since they blew up in early 2021. Then, almost exactly a year ago, metaverse technology also went quite big, launching countless new projects. And, thanks to the metaverse’s close relationship with NFTs, the NFT sector got something of a second wind, although the original hype about these digital assets has still not died down at the moment. Now, however, it appears that these assets, their technology, and generally, their potential, managed to attract the eye of the Japanese government, as the country’s Prime Minister, Fumio Kishida, announced recently in his policy speech that the country is planning on focusing on metaverse and NFT investments. Japan is doubling down on Web3 technologies Kishida noted that the country now has plans to further its investments in the digital asset space, particularly in digital transform...