Japan’s ANA builds an NFT marketplace and envisions metaverse possibilities

TL;DR Breakdown

  • Japan’s All Nippon Airways (ANA) develops a non-fungible token (NFT) platform called “ANA GranWhale NFT MarketPlace.”
  • The new marketplace’s website says artists and creators can sell NFTs and trade some of them.
  • Metaverse technology is becoming a key economic driver in Japan. An April white paper laid forth the government’s Web3 adoption intentions.

All Nippon Airways (ANA), Japan’s largest airline group holding company, has established a non-fungible token (NFT) marketplace on the Ethereum blockchain, where users can buy and sell aviation photos, digital collectibles, and more. At its debut, the market will accept crypto and fiat currency payments through the MetaMask wallet and credit card.

ANA Launches NFT Marketplace

The company’s subsidiary ANA NEO, which focuses on developing immersive digital experiences throughout the All Nippon Airways ecosystem, launched the marketplace under the name ANA GranWhale NFT Marketplace. Aviation photographer Luke Ozawa, who has been documenting aircraft for fifty years, will have work featured in the first NFT collection on the website.

NFTs of two digital 3D aircraft, including a modified Boeing 787 that the airline debuted in 2011, and a series of generative art called Airbits, which includes pixelated airline pilots, are included in other collections.

Other collections include NFTs of two digital 3D airplanes, one of which is a modified Boeing 787 that the airline debuted in 2011, and a generative art collection called Airbits that shows pixelated airline pilots.

In a press statement, the company stated that it intends to “apply NFT to the aviation industry and promote the business to develop new connections with customers.”

All Nippon Airways Holdings was founded in 2013 and asserts that it is Japan’s largest airline group holding company. Its portfolio of 69 firms includes both ANA and Peach Aviation, among others. ANA NEO is also working on a metaverse travel experience that will be named ANA Gran Whale. This experience will merge the travel history of passengers into their digital avatars.

Centralized and traditional entities venture into DeFi

All Nippon Airways is the latest airline to join a growing group of companies investigating ways to incorporate crypto-related ideas into their commercial products. The low-cost Argentinean airline expanded its collaboration with the NFT ticketing startup TravelX in March so that it could provide all e-tickets as NFTs on the Algorand blockchain.

ANA announced in a separate statement on May 30 that the first NFT goods containing the works of aviation photographer Luke Ozawa were made available for bidding on Tuesday and that other collections, including those showing Boeing 787 aircraft, will be available beginning on June 7.

According to the website for the new marketplace, artists and producers can sell their works on the marketplace in the form of NFTs, and select NFTs will be available for trading.

Through this initiative, we aim to unlock the potential of NFTs in the aviation industry […] By bringing together the digital and physical realms to create experiences that are one-of-a-kind and unforgettable.

Mitsuo Tomita, president of ANA NEO

In November, ANA NEO entered into a partnership with the government of Hokkaido, the northernmost of Japan’s main islands, to “digitally construct” particular sections of Hokkaido to exhibit the island’s nature, cuisine, and culture via the company’s metaverse platform known as ANA GranWhale.

ANA NEO stated in October 2022 that it had completed a second round of financing, increasing the total amount of money raised to 5.8 billion yen (US$9.4 million) since the company’s creation.

As a key component of Japan’s economy in the years to come, the Japanese government is showing a growing willingness to back developing technologies related to the metaverse. A whitepaper with ties to the government that was published in April provided extensive insight regarding the nation’s aspirations to adopt Web3 technologies.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Japan’s ANA builds an NFT marketplace and envisions metaverse possibilities

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月7日 02:49
Next 2023年6月7日 04:06

Related articles

  • ETH and BTC stall amid inflation in August

    TL;DR Breakdown Inflation in August has affected crypto prices and ushered in a bloodbath for Bitcoin and Altcoins alike. The inflation levels in August have slightly decreased from a staggering nine percent in June but are still above the Fed’s 2% target. Crypto market analysts point out a bear market possibility, while others remain hopeful that Bitcoin halving in April 2024 will usher in the long-awaited bull run. Description August was an unfavorable month across the USA, with soaring inflation. However, crypto prices have stalled without forming any distinct trends. Bitcoin continues to flirt with the 30,000 mark, as Ethereum shows an upward trend. The inflation levels in August have slightly decreased from a staggering nine percent in June but are still above the … Read more August was an unfavorable month across the USA, with soaring inflation. However, crypto prices have stalled without forming any distinct trends. Bitcoin continues to flirt with the 30,000 mark, as Ethereum shows an upward trend. The inflation levels in August have slightly decreased from a staggering nine percent in June but are still…

    Article 2023年9月14日
  • Tensions rise as Meta distances itself from news publishers

    TL;DR Breakdown Meta is reducing its engagement with news publishers, focusing less on current affairs on its platforms. The company launched a text-based app, Threads, that prioritizes non-news content. Meta is in conflict with Canada’s government over legislation requiring platforms to pay for publishers’ content. Description Tensions are escalating as Meta, the parent company of Facebook, Whatsapp, Threads, and Instagram grows increasingly distant from news publishers, sparking widespread concern. This move comes amidst a shift in strategy where the technology titan has been giving less attention to politics and current affairs on its platforms, while simultaneously shrugging off governmental calls for … Read more Tensions are escalating as Meta, the parent company of Facebook, Whatsapp, Threads, and Instagram grows increasingly distant from news publishers, sparking widespread concern. This move comes amidst a shift in strategy where the technology titan has been giving less attention to politics and current affairs on its platforms, while simultaneously shrugging off governmental calls for increased payments to media outlets. Meta’s growing reluctance: A strategic move In a pivotal turn, Meta has distanced itself from the…

    Article 2023年7月20日
  • Coinbase director recovers $322,000 in crypto for stranger

    TL;DR Breakdown Coinbase director Conor Grogan uncovers $322,000 worth of dormant crypto for a stranger Grogan found 20 addresses with over $250,000 worth of crypto in the wallets that were untouched for years Description Coinbase director Conor Grogan, in a recent Twitter poster, has explained how he uncovered $322,000 worth of dormant crypto for a stranger. During the Ethereum fork of 2016, it led to the Ethereum Classic(ETC) creation. All investors that held ether on-chain received an identical ETC amount. According to Grogan, most people have yet to touch … Read more Coinbase director Conor Grogan, in a recent Twitter poster, has explained how he uncovered $322,000 worth of dormant crypto for a stranger. During the Ethereum fork of 2016, it led to the Ethereum Classic(ETC) creation. All investors that held ether on-chain received an identical ETC amount. According to Grogan, most people have yet to touch these funds and as a result, has recovered funds in six-figure amounts for investors in the past. In a screenshot after that, he shared that he previously notified a Twitter user of 23…

    Article 2023年7月7日
  • DOJ urges court to stop SBF’s expert witnesses from testifying

    TL;DR Breakdown The DOJ has urged the court to bar SBF’s expert witnesses from testifying in the ongoing legal battle. Defense and prosecutors lock horns over testimony admissibility. Description As the trial of FTX founder Sam Bankman-Fried approaches, a legal tug-of-war over proposed witnesses has emerged between the defense and the Department of Justice (DOJ). Both parties have submitted their views on why certain witnesses should be disqualified from testifying, shedding light on the strategies they intend to employ in the upcoming trial involving … Read more As the trial of FTX founder Sam Bankman-Fried approaches, a legal tug-of-war over proposed witnesses has emerged between the defense and the Department of Justice (DOJ). Both parties have submitted their views on why certain witnesses should be disqualified from testifying, shedding light on the strategies they intend to employ in the upcoming trial involving fraud and conspiracy charges. DOJ wants SBF’s witnesses barred from testifying Bankman-Fried’s defense team has raised concerns about the financial analysis expert put forth by the DOJ. They argue that the proposed testimony might not be permissible under…

    Article 2023年8月29日
  • Binance’s BNB Chain Gears Up for Major Upgrades

    TL;DR Breakdown Binance’s BNB Chain is set for two major hard forks in August 2023: Plato introduces the BEP-126 evolution proposal for enhanced security, while Hertz focuses on aligning with the latest EVM developments. The upgrades aim to reduce chain reorganization risks, stabilize block production, and ensure BNB Chain’s compatibility with recent Ethereum forks. Description In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place … Read more In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place on August 10, introducing the BEP-126 evolution proposal. This proposal is designed…

    Article 2023年8月10日
TOP