Japanese village turns to NFTs to help the elderly

According to has Yuri Band, THE Yamakoshi from the village experimental NFT strategy could attract attention Since other country focused towards in decline birth rates.

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Yamakoshi, A isolated Japanese village niche In THE Niigata mountains, has attracted 1,700 "digital citizens" through THE sale of non-fungible tokens (NFT) In A initiative aiming has proof And sustain It is aging population.

THE Neo-Yamakoshi Village project, directed by local the inhabitants, manages THE Nishikigoi NFT collection, which East appointed After THE vibrant breed of koi carp.

This digital active East both A identifier For that of Yamakoshi "digital citizens" And A governance token allow participation In THE from the village Managed by DAO vote process.

According to has A new report by Japanese research And consultant farm Yuri Band, THE project has raised on $423,000 through Nishikigoi NFT sales Since It is launch In 2021.

THE product ...