{"id":10887,"date":"2022-05-18T01:53:23","date_gmt":"2022-05-18T01:53:23","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/japanese-city-to-launch-metaverse-project-with-entertainment-industry-behemoth\/"},"modified":"2022-05-18T01:53:25","modified_gmt":"2022-05-18T01:53:25","slug":"japanese-city-to-launch-metaverse-project-with-entertainment-industry-behemoth","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/japanese-city-to-launch-metaverse-project-with-entertainment-industry-behemoth\/","title":{"rendered":"Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth"},"content":{"rendered":"<div>\n<figure class=\"image\"><figcaption>Wisteria illuminated at Byakugouji temple in Tamba, Hyogo prefecture, Japan. Source: Adobe\/\u96c4\u4ecb \u5ca1\u7530<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Local Japanese government bodies are set to begin metaverse projects \u2013 and may make use of NFTs and avatars in a new virtual space.<\/p>\n<p>The ball is beginning to roll in Yabu, a city in the nation\u2019s Hyogo Prefecture, where local authorities have teamed up with <strong>Yoshimoto Kogyo<\/strong>, one of Japan\u2019s biggest and most powerful entertainment industry players.<\/p>\n<p>Kobe Shimbun reported that a new virtual space for the city would open by the end of June this year and would be tentatively named \u201cVirtual Yabu City.\u201d<\/p>\n<p>The space may well evolve along the same lines as metaverse projects in other East Asian cities such as Seoul, which began working on its own metaverse project late last year. But Yabu\u2019s project may differ slightly in that will likely be used as a way of promoting the city to potential tourists.<\/p>\n<p>The Yabu space will feature a virtual recreation of the city\u2019s spectacular Tendaki waterfall and the Hachikogen winter sports resort.<\/p>\n<p>The company has been working on plans to promote local government initiatives nationwide using its huge roster of entertainment industry talent but now \u201cplans to expand nationwide on the metaverse as well,\u201d the report noted.<\/p>\n<p>The city\u2019s Mayor Sakae Hirose was quoted as saying,<\/p>\n<blockquote>\n<p>\u201cI sense the infinite possibilities of the metaverse. I think people will be able to experience life of Yabu [in a virtual space] and want to come here on sightseeing tours.\u201d<\/p>\n<\/blockquote>\n<p>Yoshimoto Kogyo further announced that it would be branching out into the \u201cmetaverse avatar business\u201d with a platform named \u201cFANY X.\u201d The platform, it explained, will be used to create 3D avatars of the actors and singers who are contracted to the company \u2013 allowing Yoshimoto Kogyo artists to appear in promotional campaigns in various metaverse spaces.<\/p>\n<p>The company added that it is also considering enabling the use of NFTs as a means of managing avatars.<br \/>____<br \/><strong><\/strong>\u00a0<br \/>&#8211; Metaverse Trends in 2022: Prepare for More Gaming and New Virtual Experiences with NFTs<br \/>&#8211; How to Navigate Metaverse Without \u2018Cash Grab\u2019?<\/p>\n<p>&#8211; Can You Truly Own Anything in the Metaverse? Blockchains and NFTs Don\u2019t Protect Virtual Property<br \/>&#8211; How to Play Metaverse Games: A Beginner\u2019s Guide to Decentraland<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wisteria illuminated at Byakugouji temple in Tamba, Hyogo prefecture, Japan. Source: Adobe\/\u96c4\u4ecb \u5ca1\u7530 \u00a0 Local Japanese government bodies are set to begin metaverse projects \u2013 and may make use of NFTs and avatars in a new virtual space. The ball is beginning to roll in Yabu, a city in the nation\u2019s Hyogo Prefecture, where local [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/japanese-city-to-launch-metaverse-project-with-entertainment-industry-behemoth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Wisteria illuminated at Byakugouji temple in Tamba, Hyogo prefecture, Japan. Source: Adobe\/\u96c4\u4ecb \u5ca1\u7530 \u00a0 Local Japanese government bodies are set to begin metaverse projects \u2013 and may make use of NFTs and avatars in a new virtual space. 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