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Technology keeps on changing and evolving with the latest trends, and the Internet is no exception. From many past years, the tech experts keep chanting on how businesses need Web3 to flourish in the right direction. Unlike several other tech fads that come and go, the innovative concept of Web3 keeps moving forward to take over the industries.
From healthcare to the intersection of finance and technology, Web3 has its dominance in every industry. Therefore, it’s not too late to get on the ride and explore your path in the realm of Web3 space. As we move forward, it is worth mentioning that Asia and Japanese markets are making progress in Web3 and blockchain space with each passing day.
You must know Web3 and Blockchain are now hot topics in Japan. Whether it’s Limited Liability Corporation(LLC) or Decentralized Autonomous Organization (DAO), entrepreneurs are eager to take up the innovative Web3 technologies. The Japanese government is also keen to make regulations that help smoothen the business transitions into Web3.
NFTStudio24 is Japanese first decentralized media, which is built on blockchain technology. It’s a revolutionary concept in the digital media landscape that aims to help startups and established businesses. Moving forward, we will discuss it more in this article. However, before doing so, let’s give you a quick understanding of how Web3 evolved.
Understanding Evolution Of Web3: From Web 1 And Web2
The evolution of Web3 shifted the perspectives of digital spaces as we know it. The concept of decentralization, tokenized economies and blockchain aims to create spaces where users can own their content or data. For your convenience, we present a brief background of how the internet has moved from the phases of Web1, Web2 to Web3.
Web1 (Read Only)
Web1.0, fondly known as the ‘Static Web’, came into existence in the early days of the internet in the 1990s. It was one way communication where information passed down from publisher to the reader. Initially, the audience only used it to read news or information on the internet. However, as technology progressed, consumers started using it for e-commerce.
Web2 (Read & Write)
The concept of Web2.0 emerged in the 2000s, transforming the internet. Platforms like Facebook, Twitter, and Wikipedia were developed. This era boosted two-way interaction, however, the content ownership rights remain with the developer. Nonetheless, it created the bedrock for digital marketing and introduced content monetization, reshaping the online business.
Web3 (Read, Write & Own)
In contrast to Web1 and Web2, Web3 stands out as a highly secure and transparent platform. It operates on the principle of decentralization, empowering users to become both creators and rightful owners of content. Additionally, content within Web3 is tokenized, which protects the creator’s identity from theft.
The Japanese market is showing a growing interest in incorporating Web3 into businesses. The government recognizes Web3 opportunities and is actively involved in amending the regulations for LLCs and DAOs. The Japanese market has great potential and requires only collaborations that manifests the idea of Web3.
Notably, NFTStudio24 stands out as a unique example of Web3 innovation from Japan. I appreciate my readers discovering the company’s visionary approach.
NFTStudio24 – Revolutionary Concept of Content Tokenization
NFTStudio24 is Japan’s first decentralized digital media platform built on ICP(DFINITY) blockchain technology. It revolutionized how content is created, published, and valued. The platform aims to facilitate the expansion of Japanese Web3 companies into global markets and assist international clients in entering the Japanese market.
NFTStudio24 Read & Earn Subscription Model
Read & Earn is NFTStudio24’s subscription and membership-based program that offers exclusive access to a diverse range of digital Journalist content. The content mainly comprises news features, press releases, and unique opinion-based articles. The comapny provides a platform where readers can discover emerging Journalists and build their digital collections, and support creators directly.
The company aims to create awareness about how decentralized digital media can enable Journalists, Readers, and Investors to create opportunities revolving around NFTs. The pinpoints in this regard are:
- To take contributors/authors/journalists onboard and then providing an opportunity to incentivize their efforts by earning rewards in ICP tokens.
- To release press releases as NFTs, this feature will enable content creators to receive proper support and recognition along with readers to participate in the value-creation process.
- Through Content Tokenization, enabling Journalists and Readers to earn rewards in the form of tokens.
Embracing decentralization presents mind-blowing business opportunities in every industry. The journey of evolution from Web1 to Web3, time has unfolded ground-breaking business opportunities especially in the Japanese market. NFTStudio24 is a product of similar opportunities. A platform where Journalists can incentivize their content while claiming control over the content is an existing example of Web3 transitioned business.
