Animoca Brands is promoting the global Web3 industry in Japan due to changing regulations in the country. De: Centralized Cat (D:CC) NFTs by Nine Chronicles M are being sold on the Coincheck marketplace for a minimum price of 0.06 ETH starting from April 3, 2024. Japan is encouraging the adoption of Web3 products while ensuring user protection.

Animoca Brands Japan, a subsidiary of the prominent Web3 investor Animoca Brands, has launched an initiative to support global Web3 projects expanding in Japan. The initiative showcases the increasing global demand for digital assets as a hedge against geopolitical instabilities and rising inflation.

With partnerships established in Japan, Animoca Brands has become a respected Web3 investor focused on long-term growth. The company has assisted various projects in navigating the complex global market, including The Sandbox, REVV Racing, Torque Drift 2, and Torque Squad.

Notably, Animoca Brands Japan recently helped Blowfish Studios sell NFTs for the Phantom Galaxies blockchain game on the αU marketplace. Following this success, the company is confident in supporting more Web3 projects to enter the Japanese market successfully.

The Liberal Democratic Party in Japan, through the Web3 project team (web3PT), is actively working on developing the Web3 industry with supportive policies. Additionally, Japan's Cabinet approved a bill allowing investment funds and venture capital firms to include crypto assets in their portfolios.

Foreign companies and projects entering Japan's Web3 market face challenges due to unique laws, business practices, language barriers, and cultural factors. The country's rich entertainment culture, including anime, manga, and games, aligned with Web3, offers attractive opportunities for overseas ventures.

Starting from April 3, 2024, Animoca Brands will sell 300 units of De: Centralized Cat (D:CC) NFTs on the Coincheck NFT marketplace for a minimum price of 0.006 ETH. These NFTs can be used in the Nine Chronicles M game and offer various benefits to holders, such as earning unique tokens and using digital artwork as profile images and avatars.

Residents of the United States, the United Kingdom, and sanctioned countries are ineligible to participate in the D:CC NFT sale on the Coincheck marketplace. Planetarium Labs, the operator of the Nine Chronicles M game, received $32 million in funding from Animoca Brands to develop GamiFi products, including the Nine Chronicles game.