HashPort Group, a Japanese Web3 developer, has recently raised $8.5M in funding. This is an impressive feat for the company and a promising sign for the future of cryptocurrency.
HashPort Group’s funding round is definitely a big deal in the industry. The company has been working on some exciting projects in the blockchain space, so this investment will help them continue to innovate and push the boundaries of what’s possible.
The HashPort ecosystem is made up of HashPalette, a public chain that specializes in nonfungible tokens (NFTs), and its eponymous blockchain-related consultancy and system solution in Japan. The Land Elf Crossing, a metaverse game, will also go on sale in the fourth quarter.
The Land—Elf Crossing—is a Blockchain game that focuses on farming and the metaverse and offers straightforward gameplay with a strong emphasis on farm life as well as the option to play continually. On the farm, players can live a slow life as if they were actually residing there. You can also create a community in the metaverse and work with different aspects of real-world civilization.
The first initial exchange offering (IEO), or initial coin offering (ICO), facilitated by an exchange, was introduced in Japan in July 2021 thanks to a partnership between HashPort’s Palette Chain and the cryptocurrency exchange Coincheck.
It’s always exciting to see new developments in this rapidly-evolving field.
Empowering Japan’s Web3 Market: Beosin & HashPort Forge Strong Strategic Partnership
Beosin and HashPort, a public utility that allows the transportation of digital assets, have strengthened their strategic relationship in order to increase the security of the Japanese Web3 market.
There are more than 40 PhDs on the Beosin team, which was co-founded by various professors from prestigious international universities. It has offices in Singapore, Korea, Japan, as well as more than ten other nations.
The two businesses have worked together on compliance evaluations and security audits of blockchain platforms and smart contracts.
While the Japanese Web3 ecology is constantly evolving, Beosin will continue to strengthen its partnership with HashPort.
The following new services have been made available by Beosin to Japanese blockchain enterprises.
“By working with HashPort to make these services widely available, we hope to hasten the growth of Japan’s Web3 ecology.” Beosin said in an interview.