• Astar Network has partnered with Shibuya, Tokyo’s preeminent financial hub, to support its web3 initiative.
• The partnership is the first of its kind between a Japanese blockchain and one of Tokyo’s largest districts.
• Astar will host events such as hackathons and educational programs to reduce barriers to broader web3 adoption.
Astar Network Partners With Shibuya
Chainwire Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance.
Landmark Agreement
The agreement will see Astar support Shibuya’s new web3 initiative and host events that support this strategy. The partnership between Astar Network and Shibuya is the first of its kind, marking a landmark agreement between a Japanese blockchain and one of Tokyo’s largest and most densely populated districts.
Startup Support Activities
In addition to playing a lead role in Shibuya’s Startup Support activities, Astar will host complementary events including hackathons and educational programs focused on web3.
Tokyo’s Financial Hub
Tokyo’s preeminent financial hub, Shibuya ward features two of the world’s busiest railway stations and one of Japan’s best fashion districts. It’s also where Startale Labs, the web3 tech company founded by Astar Foundation CEO Sota Watanabe is located.
Reducing Barriers To Adoption
Through partnerships and business agreements, Astar Network is playing a major role in expediting the growth of web3 in its native Japan. The blockchain innovation hub has created case studies for solving economic challenges using web3. It’s also reducing barriers to broader web3 adoption through education and providing opportunities for engineers and business leaders to participate in this growing sector.