Japanese Watch Large Casio Forays into NFT Area: Particulars

Japan-based watch making model Casio has determined to interact with a youthful technology of clientele. Casio has launched an NFT collection with eight digital artwork items which have been created in partnership with Astar zkEVM. Banking on Japan’s gaming tradition, Casio’s NFTs might be made out there on Astar’s Yogi Origin sport. In recent times, Japan has come ahead to point out its help to the Web3 sector, particularly below the management of its tech-friendly Prime Minister, Fumio Kishida.

A layer-2 blockchain for Ethereum, Astar zkEVM makes use of zero-knowledge proofs to extend scalability and scale back transaction prices. Saying its partnership with Casio on X, Astar zkEVM knowledgeable the neighborhood members that these NFTs might be out there throughout the ‘YoPort’ tab of the Yoki Origins sport. Primarily, Casio has not rolled out its NFT collection on conventional NFT marketplaces like OpenSea and Magic Eden.

“In celebration of Casio Watch’s 50-year legacy, we’re thrilled to announce the launch of unique commemorative NFTs impressed by iconic Casio timepieces. Minting Methodology: Unlock the joys with Gacha & Reveal mechanics,” the blockchain platform stated in its announcement.

These NFTs are tied to some advantages for holders. Ten holders of the NFTs will get an opportunity a limited-edition unique G-Shock watches. As well as, house owners of those NFTs may also obtain ASTR tokens equal to JPY 10,000. On the time of writing, one ASTR token was buying and selling at JPY 16.40, as per Kraken crypto trade.

“Please word, the variety of winners and contents are topic to alter. Keep tuned for winner bulletins,” Astar Community added.

This isn’t the primary time that Casio has forayed into the Web3 area. Again in 2023, the watch model partnered with Polygon to launch a group of 15,000 free-to-mint G-Shock Creator Move NFTs. On the time, Casio had additionally launched its G-Shock NFTs into the metaverse.