J.R. Kyushu to Issue NFTs on Astar Network: A New Era of Customer Engagement

The endeavor will introduce sensible functions for NFTs in Japan, permitting the railway firm to reinforce its reference to prospects.

Kyushu Railway Firm (J.R. Kyushu), an integral a part of the Japan Railway Group – Japan’s largest rail community, declared its intent to launch NFTs on the Astar Network. This transfer is available in collaboration with P.R.O. Co., Ltd.

The first purpose behind J.R. Kyushu’s NFT initiative is to generate new engagement factors with their customers whereas concurrently enhancing their current buyer relationships.

Setting the Stage for the J.R. Kyushu NFT Venture

J.R. Kyushu‘s NFT mission is about to kick off in July 2023, providing passengers modern strategies to understand Kyushu whereas preserving a complete report of their journey experiences.

A proof-of-concept will probably be initiated with J.R. Kyushu and PRO distributing a free NFT on the Blockchain Expo in Tokyo from Might Tenth-Twelfth, that includes the brand new Nishi Kyushu Shinkansen.

Offering intercity rail providers on Kyushu, Japan’s third-largest island, J.R. Kyushu serves greater than 330 million individuals yearly. The corporate’s providers prolong past rail, encompassing freight providers, bus transportation, hospitality, and different associated sectors.

A Novel Software for NFTs in Japan

This collaboration is about to deliver a recent, sensible dimension to NFTs inside Japan. Whereas NFTs are predominantly identified for buying and selling and digital artwork, J.R. Kyushu goals to harness this expertise to supply guests tangible mementos and proof of their travels on their community.

Astar Community’s Founder, Sota Watanabe, expressed his anticipation, saying, “At Astar Community, we’re excited to see extra real-life use circumstances of enterprises exploring and leveraging NFTs to construct nearer relationships with their prospects and supply new worth. We stay up for supporting PRO Japan and J.R. Kyushu of their endeavor.”

Astar Community: The Most popular Blockchain for J.R. Kyushu

J.R. Kyushu opted for the Astar Community, the first-ever public blockchain in Japan, for his or her mission, attributed to the platform’s aggressive charges, spectacular scalability, and the group’s complete data of the Japanese market.

Astar is at the moment main the NFT wave that’s quickly permeating Japan, with quite a few prime manufacturers embracing the potential of Web3.

Beforehand, main Japanese companies equivalent to Toyota Motor Company and Sony Community Communications have partnered with Astar Community to discover Web3 alternatives.

Upon the mission’s launch in July, passengers can purchase commemorative NFTs or earn them by utilizing the railway system. Possessing sure NFTs would possibly qualify riders for added advantages and entry to unique NFTs. NFT purchases will probably be facilitated utilizing the Japanese yen.

Astar Community: Japan’s Main Layer-1 Blockchain

The Astar Community, acknowledged as the preferred blockchain in Japan by the Japanese Blockchain Affiliation, is the primary public blockchain from the nation to be listed, regardless of Japan’s strict itemizing laws. The Japanese authorities classifies the Astar Community’s native token, ASTR, as a cryptocurrency, not a safety.

Be taught extra about Astar on their website, Twitter, Discord, and Youtube channels.