Blockchain
Announcing the launch of “ON-KO-CHI-SHIN,” an NFT project in which the “Living National Treasures” worldly showcase the captivating legacy of the Japanese kogei in hopes to preserve the traditional cultures.
CyberZ Inc. (Head office: Shibuya, Tokyo; CEO: Takahiro Yamauchi) and OEN Inc. (Head office: Shibuya, Tokyo; CEO: Takunori Fujii) are pleased to announce the launch of “ON-KO-CHI-SHIN” the second installment of “JINP (Japan Inspired NFT Portal),” a project launched to promote “Japanese culture” around the world, featuring traditional kogei artworks by three artists including two Living National Treasures.
“JINP” is a project that uses the notion of “four character compounds” in each work to convey diverse Japanese cultures such as kanji, washoku, nihonga, and kimono to the world.
In the initial series of this project, 10 illustrators released NFT works “Juu-Nin-To-Iro,” reflecting the “washoku” or the traditional Japanese colors, which were auctioned off for a total of more than 16 ETH (approximately 3,000,000 JPY).
The second series “ON-KO-CHI-SHIN” will feature Japanese kogei themed NFT artwork by world renowned photographer “RK.”
【2nd Series “ON-KO-CHI-SHIN”】
For generations, Japanese traditional kogei (arts and crafts) has continuously inherited the highest skills and expressions. “ON-KO-CHI-SHIN” project, a Japanese term defined as developing new ideas based on past studies, was launched in hopes to utilize the NFT technology to pass down the value of these fine crafts to future generations worldwide.
Digital arts based on the crafts (maki-e, some-ori, jiki) of three kogei artists, including “Living National Treasures” will be released.(*1) The artists’ share through this project will be used towards “preserving Japanese kogei craftsmanship” in the hope of fostering the next generation of artists, and ownership of an NFT demonstrates support for this movement.
Japanese Street Photographer “RK” will be the project’s Creative Director.
RK is best known for the portraits of celebrities such as Takashi Murakami and KAWS. The vibrancy of the city streets, architecture, and nature are captured uniquely depicted and have been featured in both Japanese and International media.
He holds the Japanese record for most NFT sales in the Foundation Marketplace. (As of January 2023)
Two types of NFT art will be on sale: a special “one of a kind” NFT which is a collaboration of photos taken by RK and Japanese kogei artwork, and a “3DNFT” created using 3DCG technology to best replicate the true beauty of actual artwork. 9 total varieties are available in each types of NFTs.
【RK’s Comment】
I am overjoyed to see the fusion of my photographs and Japanese kogei in 3D via the cutting edge NFT technology to be widely recognized. This photoshoot was unique as I attempted to bring out the best parts of both kogei crafts and my photos. You will not see something like this anywhere else, I truly hope you enjoy them.
【Kazumi Murose’s (Living National Treasure) Comment】
I feel as if we are entering an entirely new world by encapsulating the 1000-year history of kogei into the digital art of NFT. Skills are intangible yet proudly passed down for generations and are now being reborn into something no one has ever imagined. As we observe the resemblance between traditional kogei and contemporary NFT, we hope this will be a great opportunity for one to discover the kogei world of continuum innovation.
【Sales Overview】
Date: Scheduled to begin sales in March 2023
Official Website: https://on-ko-chi-shin.jinp.art/
【What is JINP (Japan Inspired NFT Portal)?】
The NFT transaction value has increased rapidly in 2021 with the sales of digital art approaching the value to actual art.
In light of this circumstance, “JINP (Japan Inspired NFT Portal)” was created as a brand in hopes to attract art enthusiasts around the world. The project concept is “Japanese traditional culture x contemporary culture,” where history and modern is remixed and being preserved into the future using the blockchain technology.
JINP will continue to develop NFT that resembles Japanese traditional culture x contemporary culture” with four character compounds.
- JINP Official Website
https://jinp.art - JINP Twitter
https://twitter.com/JINP_OFFICIAL - JINP Instagram
https://www.instagram.com/jinp_official/ - JINP Discord
① https://discord.gg/RbQZMmkFeh
(*1)
The Japanese Cultural Properties Protection Law defines “Intangible Cultural Properties” as performing arts, music, craft techniques, and other intangible cultural assets that possess high historical or artistic value to the country. An Individual who has achieved advanced mastery of them is nominated as Important Intangible Cultural Property holder, or commonly known as the “Living National Treasure.” There are only 116 of them in Japan.
SOURCE CyberZ Inc.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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