Metaverse News: Japan Government awarded 6 Local Government Mayors NFTs as rewards for Digital Innovation. The taskforce has previously urged the Japanese government to create a new ministry in charge of Web3 and Metaverse development. I am your Chief Metaverse Officer, Australia. Heh.

Metaverse News: Japan Government awarded 6 Local Government Mayors NFTs as rewards for Digital Innovation. The taskforce has previously urged the Japanese government to create a new ministry in charge of Web3 and Metaverse development. I am your Chief Metaverse Officer, Australia. Heh.

Transcript of Metaverse and Japanese Government NFTs video

[00:00:00.250]
Hello. My name is Laurel Papworth with the Metaverse News. I’m a Metaverse mentor, Chief Metaverse Officer for Australia, and I’m very excited today to bring you some news about government metaverse NFTs. And in this case, it’s with Japan. The Prime Minister of Japan, Fumio Kashida, I hope I said that correctly, was at an award ceremony handing out NFTs to local government officials, mayors, basically, for digital innovation.

[00:00:34.280]
In total, seven mayors were given NFTs as prizes. If you don’t know what an NF T is, I’ve got a link to it, but think of it as a digital luxury good or digital certificates, things like that. Seven mayors received NFTs as prizes for digital innovation, utilising digital innovation, and that includes electric vehicles for local delivery. And there was another one that was using mobile phone cameras for real time traffic reporting. So IoT type stuff, any of the local governments and councils that were utilising digital innovation, the tokens were issued on the Ethereum blockchain and utilised PoAP protocol, the proof of attendance protocol, so they can’t be traded on secondary markets.

[00:01:30.810]
But still the mayor’s got them. Prime Minister Fumio Kashida is convinced that the Metaverse and Web3 technology is incredibly important to the future of Japan and that it will spark growth for Japan. So last week I talked about Dubai and we talked about the Melbourne Metaverse hub and we talked about Korea and their investment in the Metaverse. And now Japan is stepping in as well, and the government themselves are using NFT. He has pledged to help startups in Web3 and the Metaverse and Crossreality by looking at the tax laws that are restricting competition and innovation in Web3 and metadata. And to that end, they’ve actually called for policy changes already.

[00:02:24.340]
If you know of any local councils, state government or federal government who’s using NFTs in this way, it doesn’t have to be necessarily for a prize, but is starting to issue NFPs themselves, I would love to know. Doesn’t have to be Australia, can be anywhere in the world. I’m collecting stories like that.

[00:02:43.940]
I have a Metaverse course coming up at the beginning of October which I believe has a few seats left, and it’s all about the Metaverse and cross reality, augmented reality, virtual reality, that sort of thing. Not a technical course, a strategy course.

[00:02:58.490]
And I’m also looking for a sponsor for these videos so that I can keep doing them instead of having to drop everything and keep going back to do real work.

[00:03:13.190]
I hope you found that interesting and I look forward to seeing you in my next video. Thank you.

Resources and Links for Japanese Local Government receives NFTs video

Japanese Government Presents Local Authorities with NFTs in National First https://cryptonews.com/news/japanese-government-presents-local-authorities-with-nfts-national-first.htm

Japanese Government Rewards Local Authorities With Non-Transferable NFTs https://news.bitcoin.com/japanese-government-rewards-local-authorities-with-non-transferable-nfts/

Japanese Prime Minister Talks up Japan’s Web3, NFT Focus at Investors Summit https://cryptonews.com/news/japanese-prime-minister-talks-up-japans-web3-nft-focus-at-investors-summit.htm