Japanese Watch Large Casio Forays into NFT Area: Particulars

Japan-based watch making model Casio has determined to interact with a youthful era of clientele. Casio has launched an NFT sequence with eight digital artwork items which have been created in partnership with Astar zkEVM. Banking on Japan’s gaming tradition, Casio’s NFTs will likely be made out there on Astar’s Yogi Origin recreation. In latest years, Japan has come ahead to indicate its help to the Web3 sector, particularly beneath 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 cut back transaction prices. Announcing its partnership with Casio on X, Astar zkEVM knowledgeable the neighborhood members that these NFTs will likely be out there throughout the ‘YoPort’ tab of the Yoki Origins recreation. Essentially, Casio has not rolled out its NFT sequence 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 exclusive commemorative NFTs inspired by iconic Casio timepieces. Minting Method: Unlock the thrill 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. In addition, house owners of those NFTs also can obtain ASTR tokens equal to JPY 10,000. At the time of writing, one ASTR token was buying and selling at JPY 16.40, as per Kraken crypto alternate.

“Please note, the number of winners and contents are subject to change. Stay tuned for winner announcements,” Astar Network added.

This will not be the primary time that Casio has forayed into the Web3 area. Back in 2023, the watch model partnered with Polygon to launch a group of 15,000 free-to-mint G-Shock Creator Pass NFTs. At the time, Casio had additionally launched its G-Shock NFTs into the metaverse.