KUALA LUMPUR, April 17 (Bernama) -- Greenway Grid Global Pte Ltd (GGG) and Tokyo Electric Power Grid Co Ltd (TEPCO PG) announced the sale of "Electric Power Asset NFT" on their websites starting on April 3.
According to TEPCO Power Grid Inc in a statement, the non-fungible tokens (NFTs) are pictures of TEPCO PG power assets, such as transmission towers and utility poles, that have been digitalised using NFT technology.
The global NFT market is said to be worth trillions yen, and the domestic market is expected to grow from several tens of billions yen to hundreds of billions yen by 2030.
GGG sees this as an opportunity to embrace the expanding Web3.0 trend and produce and sell "Electric Power Asset NFT (Transmission Tower NFT Cards, Utility Pole NFT Cards)" that are based on TEPCO PG's "Transmission Tower Card", which has been primarily used for recruitment purposes.
Furthermore, they plan to collaborate with Digital Entertainment Asset Pte Ltd, which has experience with, and WEB3.0 technical prowess that it has cultivated through, NFT gaming and the NFT market, in order to explore new ways to add value beyond mere ownership of the "Electric Power Asset NFT”.
In producing the electric power asset NFT, TEPCO PG provides photos of facilities that harmonise with the scenery and the stories of each asset from among the electric power assets that it owns, which stretch from the cities to the mountains.
Both the Transmission Tower NFT card and Utility pole NFT card consist 10 types each with different prices and the sales period is until April 30.
-- BERNAMA
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