Web3.0

Interview with Sota Watanabe, founder of Astar Network: Creating a world where Web 3.0 is the norm

2024/09/17Editors of Iolite
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Web3.0があたり前に使われる世界を実現 Astar Network・ 渡辺創太インタビュー

Aiming to realize "Web3 for Billions"

Nowadays, large companies are gradually entering the Web 3.0 field.

In Japan, the tax reform for crypto assets for companies and the movement towards the use of stable coins are accelerating, and momentum is building for the lifting of the ban on crypto asset ETFs that have been approved and traded in the United States and other countries. In particular, tax reform is a long-standing issue that can be said to be the "long-cherished wish of the industry," and in the future, it is expected that a 20% separate reporting tax will be introduced for individual transactions. With the increase in crypto asset trading and use, there is a possibility that the spread of Web 3.0 in Japan will progress rapidly.

One of the projects driving the domestic Web 3.0 field is the existence of Astar Network, a public blockchain originating in Japan. Led by founder Sota Watanabe, they have accelerated efforts toward the mass adoption of Web 3.0 with various companies.

How does Watanabe, who can be said to be a key figure in the Web 3.0 field, view the current Web 3.0 and what are his prospects for the future?

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May 2025 issueReleased on 2025/03/28
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