- Polkadot records massive growth as multiple teams building on the network hit significant milestones.
- Astar Network, one of the teams building with Polkadot is now poised to increase NFT adoption in Japan at a large scale.
The expansion of the Polkadot network has brought about growth in different sectors. Particularly, many teams building on the Polkadot’s network have recorded significant growth and hit major milestones in recent times.
Most recently, one of the teams building on the network revealed a notable new development that could lead to massive adoption for the NFT ecosystem.
Taking to Twitter, Polkadot highlighted the milestones that 11 teams building on the network have recently attained. Astar Network is one such network that rightfully made the list.
The network announced that a major railway company is launching NFTs on its network. According to the announcement, Kyushu, the biggest railway company in Japan, will debut its NFT collection on the Astar Network, in partnership with P.R.O. Co., Ltd.
The launch is highly promising for the network, as the railway boasts more than 330 million annual riders. With NFTs launching on the Astar network, the railway system aims to provide its visitors with memorabilia and proof of visiting, riding, and using their system. In the long run, this could potentially increase the level of adoption for NFTs across Japan.
The largest rail network in Japan, J.R. Kyushu, in partnering with P.R.O. Co. Ltd is a game-changer for NFT adoption in Japan! With 330 Million people riding the railway annually, the project can potentially reach massive adoption!
🚊 The largest rail network in Japan, J.R. Kyushu, in partnering with P.R.O. Co. Ltd is a game-changer for NFT adoption in Japan! With 330 Million people riding the railway annually, the project can potentially reach massive adoption! 🌟
Read more below!https://t.co/PPTvQUOqyI pic.twitter.com/A4OtDd5ccV
— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) May 12, 2023
The founder of Astar network highlights the company’s long-term goals
Astar is reputable for being the leading smart contract platform in Japan. The platform notably supports EVM and WebAssembly (Wasm) environments, as well as interoperability between them using a Cross-Virtual Machine. The network describes itself as a developer-friendly network that integrates with tools and languages that developers are already familiar with.
Sota Watanabe, the founder of the Astar network expressed excitement over the recent development. Wantabe went on to note the importance of exploring the growing NFT market and taking advantage of its benefits to building strong relationships with its customers.
No spam, no lies, only insights. You can unsubscribe at any time.
At Astar Network, we’re excited to see more real-life use cases of enterprises exploring and leveraging NFTs to build closer relationships with their customers and provide new value. We look forward to supporting PRO Japan and JR Kyushu in their endeavor.
The move remains significant particularly because it introduces Blockchain to the country’s extensive high-speed railway system. Along with many other benefits, Jr Kyushu’s adoption of the Astar network will bring about lower fees, high scalability, and the team’s deep understanding of the Japanese market.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
