News Report
September 14, 2023

Japan’s CAMPFIRE Ventures into Web3, Launches ‘Livefor’ Subsidiary

Japan’s CAMPFIRE Ventures into Web3, Launches ‘Livefor’ Subsidiary

CAMPFIRE, a household name in Japan’s crowdfunding landscape, is expanding its reach with a new venture into the burgeoning field of Web3 technology.

Through its freshly minted subsidiary Livefor Co., Ltd., CAMPFIRE is laying out plans to leverage Web3 for a variety of new services, including community platforms, NFTs, and DAOs.

Formed with a starting capital of 50 million yen, Livefor was officially established on June 8 earlier this year. With this move, CAMPFIRE aims to bring a new wave of innovation in crowdfunding and public services using Web3 technology. The Web3 sphere has seen rapid growth, and CAMPFIRE’s Livefor seems keen on being part of this disruptive change.

Main Š’irection for CAMPFIRE

Livefor is not stepping into the Web3 universe without experienced guidance. The company has appointed two representative directors, Koyo Shirakawa and Kenichiro Fujisaki, who bring with them a considerable amount of expertise.

Shirakawa, previously the lead engineer for the token crowdfunding service “FiNANCIE,” has first-hand experience in developing blockchain-based platforms. On the other hand, Fujisaki served as an executive director at Mercari/Souzo before joining CAMPFIRE earlier this year.

Their joint leadership suggests a concerted effort to blend traditional crowdfunding with modern blockchain technologies.

One of Livefor’s primary goals is to develop a community platform powered by artificial intelligence and blockchain technologies. This could provide a unique blend of algorithm-driven content curation and transparent, secure transactions. Moreover, the company plans to introduce new NFT and DAO services, expanding the possibilities for decentralized finance and governance.

The Unobvious Future of Livefor

CAMPFIRE has set up a new company called Livefor, indicating that traditional crowdfunding platforms are beginning to consider the possibilities of Web3 technologies.

The new venture will face challenges in navigating the evolving world of blockchain, NFTs, and DAOs. Yet, the launch of Livefor marks a notable development for both CAMPFIRE and the broader crowdfunding sector.

With support from its parent company, CAMPFIRE, and a knowledgeable team, Livefor is entering a digital landscape that is increasingly influenced by Web3 technologies. How it will impact the future of decentralized, community-focused crowdfunding remains to be seen.

Disclaimer

Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.


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Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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