From Japan's first IEO crypto asset to SBT developer, how does HashPort Group bring blockchain to the Japanese mainstream market?

Over the past few years, Japan has been strategically embarking on the Web3 revolution. Among the core players in the Japanese Web3 market, HashPort Group, as the leader, is constantly expanding their territory and implementing the concept of "innovating Japan with blockchain" step by step.

Standing at the forefront of compliance: Japan's first ever IEO launched in partnership with Coincheck

Since its establishment in 2018, HashPort Group has been committed to the research and development of blockchain technology. It includes HashPort, a blockchain-related consulting and system solution focusing on the Japanese market, and HashPalette, a public chain focusing on NFT.

In July 2021, Palette Chain cooperated with Japan's largest cryptocurrency exchange - CoinCheck to launch Japan's first IEO. It is reported that this IEO has received a total of more than 22.45 billion yen (about 160 million U.S. dollars) of $PLT purchase applications, compared with the 938 million yen (about 6.7 million U.S. dollars) of the fundraising target, the application ratio has reached 24.1 times. It has been popular in the Japanese encryption investment market. In addition, PLT Place, as the official NFT market of Palette Chain, has 370,000 users and is one of the largest NFT markets in Japan.

In addition, HashPort Group has also received the favor and support of many top Japanese investors and large traditional institutions. As of now, they are working on the following:

1. In order to better support Web2 companies to enter the Web3 field and apply SBT (SoulBound Tokens, hereinafter referred to as SBT), HashPort Group has strengthened its consulting business and related technical teams.
2. Acquire various major Japanese IPs, develop NFT products related to HashPalette and expand to the global market.
3. Raised more than 2 billion yen (approximately 15 million U.S. dollars) to expand and consolidate the business. At the same time, they also established a compliance management system and recruited relevant personnel to better cope with business expansion. issues of legal compliance. It is reported that the investors of HashPort Group include University of Tokyo Edge Capital Partners (UTEC), Mr. Yusaku Maezawa, a professional investor known as “Elon Musk” in Japan, and Sumitomo Mitsui Banking Corporation.

Large-scale application: Cooperate with the 2025 Osaka World Expo to promote over ten million people to have Web 3 wallets and SBT IDs

According to Nikkei News 7/18, the Japanese government announced that it will introduce real cashless payment for the first time at the 2025 Osaka World Expo. At its core is the use of an app called "EXPO 2025 Digital Wallet". Not only does the app support e-money and points, it will also support NFTs.

Shibo Yoshida, president of HashPort Group, the developer of the application, said that the cooperation between HashPort and the 2025 Osaka World Expo will cover the following four parts:

• EXPO 2025 Digital Wallet: A mobile application that serves as a portal for other financial institutions to provide services including e-money, reward point programs, status services, and NFT unique to the Osaka Expo.
• Wallet ID infrastructure: ID infrastructure, users can register and log in with a single ID in various financial services and related services provided by the Osaka World Expo.
• Web 3 Wallet: A wallet for storing SBT and NFT issued in cooperation with Pavilion and external companies.
• SBT Digital Passport: It is the infrastructure linking the cooperation between EXPO 2025 digital wallet and various exhibition halls and partners.

According to Yoshida Shibo, the latter two collaborations will be implemented using the Palette Chain developed by HashPalette, a subsidiary of HashPort. He also pointed out that Osaka Expo 2025 is expected to attract more than 28 million visitors, and if more than 10 million people experience Web3 for the first time, we think it will be a historic event. HashPort Group, as the only blockchain company selected by the Japanese Ministry of Economy, Trade and Industry as one of the "100 Startups Partnering with the Government", we will integrate technological capabilities to promote the Web3 revolution in Japan through the Osaka World Expo.

Frontier Exploration: THE LAND ELF Crossing, a metaverse farm management chain game, will be launched soon

As one of the most important application directions for the mainstreaming of blockchain, chain games have also entered the Hashport Group's vision early. A few days ago, HashPort Group announced that it will release the metaverse farm management blockchain game THE LAND ELF Crossing (hereinafter referred to as THE LAND) based on the Palette public chain in the Q4 quarter of this year. In THE LAND game, players will be able to build and explore their own land, run their own farms, and engage in social mini-games and interactions with other players in the virtual world. In addition, players will also be able to link to mainstream social platforms to invite friends to play games or share.

In addition, THE LAND game will also launch $ELF token to enable players to have the right to govern the game, and at the same time realize the possibility of earning while playing. It is reported that $ELF token is expected to launch an IEO on Bitflyer (source: coinmarketcap), the number one exchange in Japan, in the Q3 quarter of this year, and will be officially used in games in the Q4 quarter.

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