This is an external document that explains Astar Network’s involvement in the Japanese market. Astar is the go-to-market blockchain for Japanese developers and enterprises. Astar is the primary blockchain for entering the Japanese market and acts as an enabler for exploring this untapped market with a high potential.
Sota Watanabe, the founder of Astar Network, is one of the most respected crypto entrepreneurs in Japan. He has been very active in being the voice to grow web3 in Japan and is working with the government to position Japan as the leading country for web3 innovation. Sota Watanabe was recently selected for Forbes 30 Under 30 - Asia and Japan. Sota is also on the Board of Directors at the Japan Blockchain Association.
※ This is an objective document. We will use facts instead of subjective opinions.
https://twitter.com/J_Blockchain/status/1472831730348601345?s=20
Despite Japan’s strict listing regulations, Astar is the first public blockchain from the country to be listed there. $ASTR is registered officially as a cryptocurrency and not a security by the Japanese government.
Japan is the third largest economy in the world by GDP.
In addition, the Japanese government made web3 a national priority and invited Sota, founder of Astar Network to various working group discussions to incorporate his insights.
https://youtu.be/BAR533VW3Uk?t=1914
https://twitter.com/WatanabeSota/status/1564936909696438279?s=20&t=jGGrfJh5qj0gKfCQhvzzSQ
https://twitter.com/WatanabeSota/status/1564641966008049665?s=20&t=jGGrfJh5qj0gKfCQhvzzSQ
Astar Japan Lab was founded by the Astar Foundation to engage with a large number of Japanese companies looking to collaborate. The Lab serves as a consortium to encourage and explore innovative use cases on Astar. As of today, more than 45 companies have joined this initiative, including: