Japan has made headlines when it comes to Blockchain adoption due to its proactive rules and regulations. Many people believe these guidelines are quite strict for international companies. However, this narrative is quite wrong.
NFTStudio24 met Cofounder/CEO of Reality Plus Morten Rongaard who shared his experience in the Japanese market “I can see here the companies are very open-minded to Web3 more than I assumed.”
During his meetings, he was impressed to see how the local companies here highly focus on working together to move forward mutually.
Web3 is a vast industry
Web3 is a vast industry that covers all aspects of blockchain technology. Rongaard calls Japan the “Master of Gamification.” He says this gamification exists not only in games but in different aspects such as products as well.
He notices inclusivity which is a fundamental aspect of the Web3 world that drives the community. It doesn’t matter where you come from, what your race or identity is, or what color you are – everyone is welcome to participate and contribute. In fact, many Web3 companies actively strive to create a more inclusive environment, not just in terms of their workforce but also in their products and services.
Ultimately, it is this open-minded and diverse community that drives the success of the Web3 industry.
NFTStudio24, along with many other companies, is bringing inclusivity by overcoming the language and country barriers to bring the international market within Japan and vice versa.
By helping local companies expand into the global market and introducing international businesses to the Japanese market, NFTStudio24 is playing a crucial role in the growth and development of the Web3 industry in Japan.
Compared to that, other countries have been preventing or delaying the guidelines causing many hurdles for startups, exchanges, projects, and companies. Despite the growing public interest in Web3, many governments are avoiding the topic of discussion, hindering the progress of the industry in those countries. However, Japan’s proactivity in creating a conducive environment for Web3 is setting the standard for other countries to follow.