NFT auction for naming rights to a canoe center in Nishikawa Town, Yamagata Prefecture, sold for 1.5 million yen! Proof of ownership of naming rights NFT with the QR code on the signboard. NFT market HEXA *Media Equity Co., Ltd.*
Press release: September 10, 2024
**
NFT auction for naming rights to a canoe center in Nishikawa Town, Yamagata Prefecture, sold for 1.5 million yen! Proof of ownership of naming rights NFT with the QR code on the signboard. NFT market HEXA *An NFT auction was held at HEXA, one of Japan’s largest NFT markets, and was sold for 1.5 million yen, allowing the naming of a new canoe center to be built in Nishikawa Town, Yamagata Prefecture in June 2025. *
HEXA, one of Japan’s largest NFT markets, will collaborate with Nishikawa Town, Yamagata Prefecture and Tobu Top Tours Co., Ltd. to auction off the naming rights for a new canoe center to be built by Nishikawa Town, Yamagata Prefecture in June 2025, as NFT. We did this. The NFT naming rights for the canoe center received a total of 21 bids and was sold for 1.5 million yen. This auction is attracting attention as it is part of an initiative aimed at regional revitalization through naming rights NFT.
In addition, the name named using the naming rights NFT will be installed as a signboard, and a QR code that will allow you to access the naming rights NFT will also be posted. This will prove the naming rights NFT holder, and even if the NFT is transferred or resold, the naming rights NFT holder can be identified and verified.
Many local governments sell naming rights for parks, pedestrian bridges, and streets, but there are many cases where no bids are received for naming rights in areas that are not well known or have a small population. Among them, the naming rights for a town with a population of approximately 5,000 people were sold in the form of NFTs, and in September 2023, the naming rights NFT for a park was sold for 1.3 million yen, and the naming rights NFT for a canoe center were sold at this auction as well. It was sold for 1.5 million yen. We hope that various local governments will continue to use naming rights NFT to increase the number of people involved and fans of the town, leading to excitement in the region.
* ◆About the results of the canoe center naming rights auction in Nishikawa Town, Yamagata Prefecture◆*
The auction started at 10:00 on September 1st (Sunday) and received 7 bids from the first day. After that, the price rose to 50,000 yen on September 2nd (Monday), 100,000 yen on September 3rd (Tuesday), and 301,001 yen on September 4th (Wednesday). After that, there was a bid of 321,984 yen on Friday, September 6th, and a bid of 500,000 yen on Saturday, September 7th. On the final day, September 8th (Sunday), there were six bids in total, and the auction ended with a bid of 1,500,000 yen.
* Auction period: * 2024/9/1 10:00 to 2024/9/8 20:59:59
* Number of bids: * 21
* Number of bidders: * 11 people
* Successful bid price: * 1,500,000 yen (tax included)
* Auction page: * https://nft.hexanft.com/nft/issue/VYxZ0ymr
* ◆About Nishikawa Town, Yamagata Prefecture◆*
Nishikawa Town, located in the central part of Yamagata Prefecture, has a population of approximately 5,000 people, and Mt. Gassan, one of the three Dewa mountains, and Mt. Asahidake, part of the Asahi mountain range, are located to the north and south. Located in an area with heavy snowfall, the Sagae River, the clearest in Japan, flows through the town, and it is a town blessed with nature, including Lake Gassan, which is a tourist attraction. It is also a key transportation hub for National Route 112 and the Yamagata Expressway.
Nishikawa Town official page: http://www.town.nishikawa.yamagata.jp/
* ◆About HEXA on the NFT market◆*
A Japanese NFT marketplace where you can issue, buy and sell NFTs using only Japanese yen. You can easily purchase NFTs from your PC or smartphone by paying with a credit card. You can buy, sell, and issue NFTs instantly without any cryptocurrency or wallets required. The purchased NFT is HEXA resident card NFT or LAND
If you have NFTs, you can enjoy displaying them in the HEXA Metaverse. In addition, it is equipped with community functions such as a WEB3.0 type online salon and fan club, as well as the “6 blog” function, which is a service equipped with NFT rights to read the rest of the article.
About the NFT issuance process https://hexanft.com/issuermanual/ Click here to apply for NFT issuance https://nft.hexanft.com/issue
*Inquiries regarding this matter*
Media Equity Co., Ltd. HEXA Management Team MAIL: support@hexanft.com