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

  • A closer look at how Americans are preparing for retirement

    TL;DR Breakdown Gen Z’s retirement savings in America have increased significantly, with their average 401(k) account balances growing by 34% over the last year, the highest increase among all generational cohorts. The average 401(k) balance for Gen Z is around $7,100, while the median balance is about $2,500. This disparity is due to high-balance accounts impacting the average figure. Fidelity Investments suggests that the ‘savings rate’, the proportion of pre-tax income allocated to retirement savings, is a good measure of retirement preparedness. As America’s youngest working generation, Gen Z, engages more actively in retirement savings, fascinating trends are emerging. Their account balances are growing at an unprecedented rate, outpacing other generations. This pattern has financial analysts and investors intrigued and suggests a new level of fiscal savvy among Gen Z. A new breed of investors: Gen Z surpasses expectations In an era marked by financial volatility, the youngest generation in the American workforce is setting a new trend. Gen Z, comprised of individuals born between 1997 and 2012, has seen a remarkable increase of 34% in their average 401(k) account…

    Article 2023年6月8日
  • Can You Buy Cryptocurrency With A Credit Card?

    The answer is yes. Many users prefer credit cards for a variety of reasons. Here’s why you should consider using one to buy crypto. Some users prefer wallets or bank transfers to buy crypto. These methods incur the lowest fees, but they can be slow for someone that likes convenience and speed. In this case, credit cards are the best option. At Toobit, you can buy crypto with everyday fees using a VISA or Mastercard credit card. Alternatively, Toobit also provides crypto purchases via fiat deposit. If you’re interested in buying crypto with a credit card, check if your card issuer and payment network allow the transaction type. Credit card issuers that block crypto purchases have varying reasons. Capital One, for example, decided to decline cryptocurrency purchases to protect cardholders from fraud, losses, and market volatility. Note: To ensure your credit card is suitable, we recommend double-checking before initiating any crypto transaction with your credit card issuer. Why Should I Buy Crypto With a Credit Card? Here are all the benefits of using one to buy crypto — which often…

    2023年5月30日
  • U.S. Senate seeks crypto industry insight to navigate digital asset tax challenges

    TL;DR Breakdown The U.S. Senate Finance Committee is collaborating with the cryptocurrency industry to address tax-related issues around digital assets. The committee publicly released questions concerning digital asset loans, wash sales, staking and mining among other topics, with the aim to collect responses until September 8, 2023. This initiative aligns with the IRS’s plans to release crypto tax rules and establish an operational plan to deal with cryptocurrencies. Description The U.S. Senate Committee on Finance is tapping into the cryptocurrency industry’s expertise, hoping to address the complex tax challenges and potential opportunities digital assets present. This development reveals a shift in legislative approach, opting for industry collaboration to untangle the intricate issues related to digital assets and taxation. Seeking industry knowledge The Chairman of … Read more The U.S. Senate Committee on Finance is tapping into the cryptocurrency industry’s expertise, hoping to address the complex tax challenges and potential opportunities digital assets present. This development reveals a shift in legislative approach, opting for industry collaboration to untangle the intricate issues related to digital assets and taxation. Seeking industry knowledge The…

    Article 2023年7月13日
  • Coinbase revealed as the world’s largest known Bitcoin holder— here are their other holdings

    TL;DR Breakdown Cryptocurrency analysis firm Arkham identifies Coinbase as the world’s largest known Bitcoin holder, with about 1 million BTC valued at over $25 billion. Arkham’s proprietary algorithm also reveals Coinbase’s diverse cryptocurrency portfolio, including substantial holdings in ETH, LINK, USDC, BNB, and other tokens. Description Cryptocurrency analysis firm Arkham disclosed that it has identified the Bitcoin reserve wallets of Coinbase, one of the world’s leading cryptocurrency exchanges. According to Arkham, Coinbase owns approximately 1 million BTC, valued at over $25 billion. This makes Coinbase the world’s largest known Bitcoin holder.  The discovery was made possible through Arkham’s proprietary algorithm, which … Read more Cryptocurrency analysis firm Arkham disclosed that it has identified the Bitcoin reserve wallets of Coinbase, one of the world’s leading cryptocurrency exchanges. According to Arkham, Coinbase owns approximately 1 million BTC, valued at over $25 billion. This makes Coinbase the world’s largest known Bitcoin holder.  The discovery was made possible through Arkham’s proprietary algorithm, which tags addresses used by various cryptocurrency platforms and organizations. Arkham’s algorithm has tagged more than 36 million BTC deposit and holding…

    Article 2023年9月24日
  • Google Cloud expands Web3 focus, eyes new products and partnerships

    TL;DR Breakdown Google Cloud plans to launch more Web3-focused products and support Web3 startups. The company is exploring Web3 technologies with financial services and gaming sectors. Google Cloud’s Web3 startup program offers benefits like $200,000 in credits and technical support. Description Google Cloud plans to introduce more Web3-focused products to make its computing offerings the first choice for industry firms and developers. This move follows the recent launch of a startup program aimed at supporting players within the Web3 segment. The tech giant’s cloud computing services unit will continue to build services similar to its Blockchain … Read more Google Cloud plans to introduce more Web3-focused products to make its computing offerings the first choice for industry firms and developers. This move follows the recent launch of a startup program aimed at supporting players within the Web3 segment. The tech giant’s cloud computing services unit will continue to build services similar to its Blockchain Node Engine, according to James Tromans, Google Cloud Web3 head. Helping customers become transformational players in the Web3 ecosystem is now a core part of the…

    Article 2023年7月24日
TOP