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Animoca Brands Japan Partners with TOKYO STUPID GAMES for Web3 Expansion - Blockchain.News

Animoca Brands Japan Partners with TOKYO STUPID GAMES for Web3 Expansion

Iris Coleman Sep 07, 2024 02:08

Animoca Brands Japan collaborates with TOKYO STUPID GAMES to enhance Web3 expansion and real-world assets integration.

Animoca Brands Japan Partners with TOKYO STUPID GAMES for Web3 Expansion

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced a partnership with TOKYO STUPID GAMES, a gaming platform focused on real-world assets (RWAs) for Japanese brands and intellectual properties (IPs). According to Animoca Brands, this collaboration aims to leverage Animoca Brands Japan's extensive network to support TOKYO STUPID GAMES' global expansion, focusing on marketing and token economy planning and design.

Web3 Integration and Real-World Assets

TOKYO STUPID GAMES is developing a platform where users can obtain NFTs linked to RWAs, such as trading cards, original goods, and fashion items. This initiative seeks to promote the use of Web3 technology for Japanese brands and IPs, enhancing their global presence, fan acquisition, and user engagement. The platform has previously held art exhibitions showcasing international collaborations between Japan and global Web3 projects and established partnerships with prominent Japanese pop culture and contemporary art leaders such as PARCO and Warehouse TERRADA.

Strategic Goals and Support

Animoca Brands Japan serves as a gateway between Japan and the global market, supporting the international development of Japanese IP and content in the Web3 domain. The company aims to accelerate the mass adoption of Web3 by leveraging its experience and the extensive network of over 540 companies and projects in which its parent company, Animoca Brands, has invested. This partnership is expected to bolster the global expansion of TOKYO STUPID GAMES, aligning with Animoca Brands Japan's mission to promote Japanese culture worldwide.

Leadership Perspectives

Rock No.6, Founder and CEO of TOKYO STUPID GAMES, expressed enthusiasm about the partnership, stating, "We believe that the new economic infrastructure of Web3 and a culture that fosters empathy beyond national borders are ideal for creating new connections. We are excited to be working with Animoca Brands, a leading global player, to take on the challenges of the future with the vision of building a new economic sphere by bridging Web3 and Japanese culture."

Kensuke Amo, COO of Animoca Brands Japan, added, "Animoca Brands Japan is delighted to support the global expansion of TOKYO STUPID GAMES as a partner, with the goal to accelerate mass adoption of Web3 by acting as a gateway between Japan and overseas markets. TOKYO STUPID GAMES is working to promote Japanese brands and IPs both domestically and internationally through real-world assets in Web3 games, an approach that is highly compatible with Animoca Brands Japan's mission. Through the activities of both companies, we will continue to promote Japanese culture to the wider world."

About the Companies

Founded in 2021, Animoca Brands Japan (corporate name: Animoca Brands K.K.) is a strategic subsidiary of Animoca Brands Corporation Limited, a leading global Web3 company. The subsidiary supports the global Web3 strategies of Japanese IP holders, including major publishers, brands, sports teams, athletes, artists, and game companies. Animoca Brands Japan provides a platform combining IPs with blockchain technology, helping IP holders build ecosystems through a full stack of Web3 services, thereby bridging Japanese IPs with global fans.

TOKYO STUPID GAMES is known for its innovative approach to integrating RWAs with blockchain technology, offering users unique experiences through NFTs linked to physical assets. The company aims to enhance the global visibility of Japanese brands and IPs by leveraging Web3 technology.

Image source: Shutterstock