Astar Network is at the forefront of leveraging global companies to tap into the thriving Web3 and blockchain market, especially in Japan.
NFTStudio24 had the honor to attend Web3 VIP Drinks in Tokyo, an invitation-only event hosted by Astar Network, Blockdaemon, and 6 other companies. The event was an exciting networking opportunity for CEOs, co-founders, and other C-level executives to discuss different aspects of the Web3 industry.
As a member of Astar Network, NFTStudio24 attended the discussion between Founder Sota Watanabe and Chris Sharp, CTO of Blockdaemon. Both personalities discussed the importance of forming a community, empowering developers, and working together to develop Web3 hosted in both English and Japanese languages.
ASTAR has been making an effort to bring the global market to Japan. It is mainly an infrastructure for developing dApps with EVM and WASM smart contracts. However, CEO Watanabe shared that he wants to build a comprehensive ecosystem. He wants ASTAR to hold utility for non-developers for staking, and governance votes, and help them grow.
The conversation went on with the recent proposal on Astar’s forum called Peers Program. It is the “1st experiment to incentivize community members who are eager to run a node in regions where we have no Astar nodes.” The network aims to promote Decentralization by spreading nodes around the globe by involving its members.
Astar’s efforts in Japan
With its innovative blockchain solutions, the organization is facilitating the adoption of Web3 technologies and driving the growth of this emerging industry. Through strategic collaborations with global companies, Astar Network is bringing cutting-edge technology, expertise, and resources to the Japanese Web3 market.
It wants to bridge the gap between international companies and the Web3 ecosystem. This will enable a robust exchange of knowledge, good practices, and market insights. Eventually, Astar can organically grow into a thriving network in the coming years.
Blockdaemon is also a big name in the Japanese market. It is an independent blockchain node infrastructure. The company is also working hard to leverage the global Web3 market. CTO Sharp also talked about incentivizing the members of the community on the blockchain.
Compared to the traditional market, the Web3 industry is working together closely by highlighting its community to climb to the top. This VIP Party was big proof that the blockchain market is moving in a healthy direction.