Jsquare Profile picture
A global venture firm focused on facilitating blockchain mass adoption, esp. #NFT, #GameFi and #Metaverse in mid-long term. By @realjameswo @joanna_jsquare

Feb 9, 2023, 12 tweets

1/ @AstarNetwork , the scalable blockchain as multi-chain smart contract hub, is very likely to become the No.1⃣ blockchain in #Japan in 2023. $ASTR

A 🧵 of highlight reasons on why #Astar will lead the Japanese Web3 innovation👇

2/ Clear strategy

Astar Network, formerly Plasm Network, is a Polkadot dApp hub from Japan that supports Ethereum Virtual Machine, WebAssembly, dApp staking and layer 2 solutions.

The team continues to BUIDL and innovate since 2019.

2023 #Starmap👇

astar.network/starmap/

3/ Strong technology

Astar is a #parachain of @Polkadot that enables developers to build interoperable dApps. The Layer-1 chain supports both #EVM and #WASM smart contracts with cross-consensus messaging (#XCM) and cross-virtual machine messaging (#XVM).

4/ Innovative Build2Earn model

Its original #Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.

Users will earn revenue by staking $ASTR on dApps built on the Astar.

theastarbulletin.news/build2earn-dap…

5/ Vibrant ecosystem

Astar won the 3rd Polkadot parachain slot auction and remains active. It has onboarded 70 projects in 2022.

With the XCM support and continuous protocol iteration, as well as the Japanese local partnerships expansion, its ecosystem is booming rapidly.

6/ Solid team

Founded in 2019 by @WatanabeSota , Astar team is growing from a Japanese team to a large global team. Passionate, efficient and distributed BUIDLers.

Astar also launched Astar Japan Lab in 2022 to speed up the expansion and partnerships in Japan.

7/ Smart leadership

CEO #Sota is a successful serial entrepreneur. He was awared Forbes 30 Under 30 Asia and the 'Person of the Year' by the Japan Blockchain Association for the 2nd consecutive year in 2022. 🏅

8/ Tier 1 VCs support

Astar raised $35M in total from well-known industry VCs, including @BinanceLabs , @DFG_OfficiaI , @polychaincap , @cbventures , @fenbushi , @Cryptocom_Cap @GSR_io and many more. 🚀

@JSquare_co also runs Astar nodes since early stage.

9/ Major exchanges listing

Its token $ASTR is available on various leading international exchanges, including @binance , @okx , @krakenfx , @kucoincom .

It's also listed on the largest #Korean exchange @upbitglobal and #Japanese exchanges despite strict listing regulations. 🔥

10/ Good government relation

After Japan government made Web3 a part of its national strategy, Astar is among the group who works most closely with government to accelerate Web3 innovation.

Fukuoka City partners with Astar Japan Lab for Web3 expansion.

11/ Tier-1 Japanese enterprise adoption

Astar recently announced a hackathon sponsored by @ToyotaMotorCorp , the world’s largest car company, to build DAO tooling for Toyota on Astar.

Other partners include @docomo , @mskkpr , Hakuhodo, and many more.

astar.network/japan/

12/ Already Japan’s most recognized L1 blockchain

Astar has been awarded the 'Product of the Year' at the 4th annual Blockchain Award by the Japan Blockchain Association. 🏆

And one of 100 promising Japanese companies in 2023 by Nikkei, the largest business media in Japan.

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling