What do you think about the current Web 3.0 field?
Hideyuki Akagawa (hereinafter Akagawa): As for NFTs, it can be said that as a result of their continued overvaluation from 2021 to 2022, ideas have become fixed and disillusionment has occurred. At that time, the context of art and community was linked to finance, and various projects were expected to sell quickly. Usually, artists talk about whether they can sell their work over the course of several years or decades, but with NFT art, the image of immediate sale, where a teaser is released and the work is sold for tens to hundreds of millions the following week, was a big effort.
Even now, most people have a strong image of that time, making it difficult to imagine the technical characteristics and possibilities of NFTs and blockchain themselves. In order to overturn such stereotypes, I believe that the current Web 3.0 industry is one in which companies are carefully creating use cases not only for NFT art, but also for tickets, carbon credits, and fan-related goods.