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The Latest Interesting Experiment in Web3

June 30, 2024
in Web3
Reading Time: 3 mins read
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TL;DR

The Yuri Group has created NFTs and a DAO to have the ability to elevate cash, and permit the getting old group of Yamakoshi Village in Japan to vote on the issues that matter most to them.

Full Story

Japan has an getting old inhabitants.

“That has actually nothing to do with crypto.” – you, in all probability.

Bup bup bup, however it does!

All because of the Neo-Yamakoshi Village challenge which is geared toward supporting and sustaining Yamakoshi’s getting old inhabitants via the sale of NFTs.

Right here’s the way it works:

The Yuri Group has created each NFTs and a DAO to have the ability to elevate cash, and permit the group to vote on the issues that matter most to them.

To this point, the challenge has raised over $423,000 via Nishikigoi NFT gross sales since its launch in 2021.

The thought being, if it might entice sufficient ‘digital residents,’ and the individuals who dwell in Yamakoshi can have a straightforward and direct option to vote primarily based on what issues most to them and their lives, the Yuri Group can create a blueprint to be rolled out to different getting old populations throughout the globe.

Whereas this system has been successful thus far, there was some adoption points…

For instance, it’s been onerous to grow old residents to each perceive the know-how and its advantages, and to truly use it to vote (even whether it is designed to learn them).

Most initiatives like this don’t get it proper straight out of the gate. It’s an iterative course of.

However the cool factor is, if the workforce behind this will determine a fantastic person expertise, and might determine learn how to talk the advantages for the older inhabitants which they’re focusing on, these learnings might simply be tailored to different largely untapped person teams.

Early days, however we’re giving this 10 stable factors for effort.

Training on this area is hard – belief us, we all know.



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Tags: ExperimentInterestingLatestweb3
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