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.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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