Skip to content
Home » JFR MIRAI CREATORS Fund invests in Chichemy, which provides NFT ticket buying and selling platform

JFR MIRAI CREATORS Fund invests in Chichemy, which provides NFT ticket buying and selling platform

IGP-VP
JFR MIRAI CREATORS Fund invests in Chichemy, which provides NFT ticket buying and selling platform
……
Ignition Point Venture Partners Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President: Yuki Tashiro; hereinafter referred to as “IGP-VP”) is a subsidiary of J. Front Retailing Co., Ltd. (Headquarters: Tokyo), which owns Daimaru Matsuzakaya Department Store and Parco. A corporation that provides an NFT ticket buying and selling platform through the JFR MIRAI CREATORS Fund (hereinafter referred to as the “Fund”) jointly operated by Chuo-ku, Tokyo, Director and President and Representative Executive Officer: Keiichi Ono, hereinafter referred to as “J.Front Retailing”) We have invested in Chichemy (Headquarters: Shibuya-ku, Tokyo, Representative Director: Daisuke Miyashita, hereinafter referred to as “Chichemy”).
[Image: https://prtimes.jp/i/97774/40/resize/d97774-40-2f4eaefa44b45db6bdd0-0.png&s3=97774-40-1d2c5fedaf505bfcdfc2b915c37ad185-3120×1040.png ]
TicketMe claims to be a “company responsible for the distribution of value,” and operates the marketplace app “TicketMe,” which allows users to buy and sell digital tickets for ownership of goods and rights to use services.
TicketMe is an NFT ticket platform that sells (primary distribution) tickets for live music shows, plays, sports events, etc. as NFTs (*), and allows them to be freely bought and sold (secondary distribution) among TicketMe users. The primary seller sets the permission for resale and the upper limit of the secondary sales amount for each type of ticket, and a portion of the sales of tickets bought and sold between users (sales from secondary distribution) is returned to the primary seller. This system prevents malicious resale.
By putting the ownership of all things in the world and the right to use services on a “ticket,” we will increase the fluidity of value and “deliver the hidden value of the world to the right place (to the person who needs it) at an appropriate price.” We have made this investment based on the belief that Chichemy’s services, which aim to achieve this goal, will not only contribute to the formation of a healthy entertainment market, but also contribute to the development of new services for the J.Front Retailing Group.
*What is an NFT ticket? A new ticket in the Web3 era that applies NFT, a technology that indicates the transfer of value. It has high tamper resistance and can be used as event tickets or product exchange tickets to manage distribution and provide added value.
Comment from Daisuke Miyashita, CEO of Chichemy
Chichemy Co., Ltd. has recently entered into a capital and business alliance with J.Front Retailing Co., Ltd. through the JFR MIRAI CREATORS Fund.
Since its establishment in June 2022, Ticket Me has been working on the proper distribution of tickets under the mission of “discovering the hidden value in the world and delivering the right value to the right place.” In 2023, we obtained a patent for the core technology of resale control technology using NFT tickets, and have achieved the following.
Eliminate illegal high-priced resellers such as scalpers while allowing resale for legitimate reasons
We help creators earn profits commensurate with their value through a system that returns profits from high-priced resales to creators. Through this capital and business alliance, TicketMe will contribute to the development of the music, sports, and entertainment industries based on technological innovation and user trust, and will further strive to realize fair ticket distribution. We appreciate your continued support and cooperation.
About Chichemy
Chichemy is Japan’s largest NFT ticket platform where you can freely buy and sell tickets for live music, theater, sports, etc. with the mission of “discovering the hidden value in the world and delivering the right value to the right place.” TicketMe”.
A portion of the proceeds from tickets bought and sold between TicketMe users is returned to the primary seller, making it possible to prevent malicious resale. In addition, purchased tickets can be collected and have been introduced by over 500 operators.
Location: 3rd floor, 1-23-10 Jinnan, Shibuya-ku, Tokyo
Representative: Representative Director Daisuke Miyashita
Establishment date: June 2022
URL: https://ticketme.co.jp
About JFR MIRAI CREATORS Fund
Fund name: JFR MIRAI CREATORS Investment Limited Partnership Establishment date: September 2022
Operation period: 10 years
Operational scale: 3 billion yen
Operator: Ignition Point Venture Partners Co., Ltd.
Fund URL: https://cvc.j-front-retailing.com
Investment inquiries: mirai-creators-fund@jfr.co.jp
About J.Front Retailing
J. Front Retailing is a group that operates a wide range of
businesses, including development, payment/finance, and wholesale, centered around the Daimaru Matsuzakaya Department Store and shopping center Parco, which has stores in major cities across the country. Based on the group vision of “inventing a new type of happiness in life,” we aim to produce a spiritually enriching lifestyle and create a unique town that coexists with the local community.
Company name: J.Front Retailing Co., Ltd.
Representative: Keiichi Ono, Director, Representative Executive Officer and President
Head office location: 6-10-1 Ginza, Chuo-ku, Tokyo
Office address: Shinagawa Season Terrace, 1-2-70 Konan, Minato-ku, Tokyo URL: https://www.j-front-retailing.com/
About IGP-VP
Established in 2021 as a venture capital entity of Ignition Point Group. With the vision of “Together with challengers, we will open up the future of the earth,” we support startups and entrepreneurs who aim to create a better society for the next generation, and create new businesses through co-creation between startups and existing industries. We aim to create social value.
Currently, we are managing the following funds as GP.
○CVC with Goldwin Co., Ltd. (GOLDWIN PLAY EARTH FUND)
○CVC with J. Front Retailing Co., Ltd. (JFR MIRAI CREATORS Fund) ○CVC (Life Design Fund) with Aeon Mall Co., Ltd.
○CVC (Daiwa House Group GROWTH FUND) with Daiwa House Ventures Co., Ltd. ○Business succession fund (Pride Fund)
Company name: Ignition Point Venture Partners Co., Ltd.
Address: Shibuya Property Tower 8F, Higashi 1-32-12, Shibuya-ku, Tokyo Representative: Representative Director Yuki Tashiro
URL: https://www.vp.ignitionpoint-inc.com/
More details about this release:
https://prtimes.jp/main/html/rd/p/000000040.000097774.html