[Zaif Co., Ltd.] Starts a new crypto asset “asset formation token” issuance project
*Zaif Co., Ltd.*
Press release: August 27, 2024
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Launch of new crypto asset “asset formation token” issuance project *~Providing a variety of benefits and new asset building opportunities just by owning the property~*
Zaif Co., Ltd. (Kusim Co., Ltd. (TSE Standard 2345) consolidated subsidiary; Head office: Minato-ku, Tokyo; Representative Director: Oshima
Takuya (hereinafter referred to as “Zaif”) is pleased to announce that he has started a project to issue a new crypto asset, “Asset Formation Token (tentative name).” This new crypto asset provides various benefits to its holders and aims to support more fulfilling asset formation.
1. Project background
Currently, in Japan, there is a significant increase in national interest in asset building, with the Financial Services Agency reporting that there will be a shortage of approximately 20 million yen over the next 30 years after retirement.
By newly issuing and listing “Asset Formation Token (tentative name)” which combines the growth potential of crypto assets and the strengths of long-term asset management, we will take advantage of investment opportunities in a new asset class called Web3, and encourage holders to We aim to be of great help in asset formation.
2. Characteristics of asset formation token (tentative name) We are considering granting the following benefits to holders of asset formation tokens.
1. Preferential treatment of staking*1 rewards
The annual interest rate of the staking service we provide is higher than usual, so you can use the staking service at a better price. We also plan to implement a staking program for the asset formation token itself.
2. Preferential treatment of accumulation fees
We will provide discounts on transaction fees to users who use Zaif Coin Accumulation*2, further supporting long-term asset formation. 3. Increased airdrops
We are considering airdropping newly listed crypto assets on Zaif to asset formation token holders. This can be expected to further increase assets.
*1 Staking: A system where you can hold crypto assets and receive rewards (crypto assets) as compensation for contributing to the stable operation of the blockchain.
*2
Zaif coin accumulation: Crypto asset accumulation service provided by Zaif. By automatically deducting a fixed amount from your account every month, you can purchase a certain amount of crypto assets and save up your desired amount.
3. About the project team
A team of experts from Turingum Co., Ltd. (hereinafter referred to as “Turingum”), which is an expert in the Web3 field, is participating in this project. Utilizing Turingum’s deep knowledge and experience, we will develop crypto assets that are highly reliable and truly valuable to users.
4. Listing schedule and future steps
The asset formation token aims to be listed on Zaif in the second half of 2025. We will continue to provide you with the latest information as the project progresses.
5. Presentation of project overview at “WebX2024” on August 28th (Wednesday) and 29th (Thursday)
Our company will participate as a title sponsor in “WebX2024” (venue: The Prince Park Tower Tokyo), which will be held on August 28th (Wednesday) and 29th (Thursday), 2024. In the session starting at 11:35 on Wednesday, August 28th, our parent company Kusim Co., Ltd. Representative Director and President Daisuke Ito will reveal our business vision, including the latest information on asset building tokens.
Click here for the WebX2024 official website
https://webx-asia.com/ja/
[Thuringham Co., Ltd.]
Thuringham is a consulting firm specializing in blockchain and Web3. As a subsidiary of Kusim, we are engaged in tokenomics design and smart contract development business in the Web3 area.
Recently, we have also started the “Token 10 Initiative” to issue 10 types of new tokens for various industries.
Trade name: Thuringham Co., Ltd.
Location: Minami-Aoyama, Minato-ku, Tokyo
Representative Director: Hiroki Tahara, Ryo Tanaka
Established: June 7, 2019
Corporate site: https://turingum.com/
[Zaif Co., Ltd.]
A company that operates the crypto asset trading service “Zaif”. Based on our long operational track record and community, we are
transforming ourselves into a new era. In 2023, we became a member of the Kusim Group, and after undergoing management reforms, we have established a new vision: “Zaif is the place to build assets with crypto assets.”
Company name: Zaif Co., Ltd.
Representative: Takuya Oshima, President and Representative Director Crypto asset exchange business registration: Kinki Local Finance Bureau No. 00001
URL (service site): https://zaif.jp/
URL (company profile): https://corp.zaif.jp/outline/
《Precautions when using crypto assets》
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Crypto assets are not “legal currencies” whose value is guaranteed by the government like the Japanese yen or dollar. Electronic data exchanged over the Internet. Unlike legal tender, its value is not guaranteed by the country.
– Crypto assets may incur losses due to price fluctuations. You may suffer losses if the price of your crypto assets plummets or suddenly becomes worthless.
– Crypto assets may lose their value due to failure of the transfer record system, etc.
– If you lose your private key or password, you may not be able to use your crypto assets and their value may be lost.
– If our company goes bankrupt, we may not be able to return deposited money and crypto assets.
– When trading crypto assets, please understand the details of the transaction and use your own judgment.
– Consultations regarding crypto assets and fraudulent coins are increasing. Please be careful of fraud and malicious business practices that use crypto assets or take advantage of the introduction of crypto asset exchange businesses.
– Crypto assets can be used for payment of compensation only with the consent of the person receiving compensation.
– There is a difference between the purchase price and the sale price of crypto assets (easy buying and selling).
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