NFT

[NEWS] DEA signs MOU with TEPCO PG and others to launch social contribution game in 2024

2023/07/24Editors of Iolite
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[NEWS] DEA signs MOU with TEPCO PG and others to launch social contribution game in 2024

DEA, TEPCO PG, and GGG sign MOU

On the 25th, Singapore-based NFT game development and operation company DEA (Digital Entertainment Asset Pte. Ltd.), TEPCO PG (Tokyo Electric Power Company Power Grid), and GGG (Greenway Grid Global Pte. Ltd.) announced that they had signed an MOU (memorandum of understanding) to consider participatory social contribution content using power assets such as utility poles.

The purpose of this memorandum is for the three companies to use Web 3.0 technology to consider problem solving in order to realize a sustainable society.

The series of efforts is called the "Growth Rings Project" and will be carried out under the concept of "creating a sustainable future together." As the first step in this effort, a social contribution game is expected to be released.

The title of the content being considered for development and provision is "My and My Utility Pole Battle: Utility Pole Girl and Tower Boy (tentative title)," and the aim is to begin trial operation of the test version in early 2024.

The game involves players finding abnormalities in the 6 million utility poles and towers owned by TEPCO, and participating in maintenance activities to earn tokens. They are also considering mechanisms to make the game even more enjoyable by utilizing power asset NFTs. The game is scheduled to be launched on DEA's GameFi platform "PlayMining".

At a press conference, GGG's Innovation Manager, Kito Kazuki, said of the initiative, "It's one of a kind," and "Given DEA's past efforts and vision, we decided that we should work together."

DEA Founder & Co-CEO Yamada Kozo also expressed his enthusiasm, saying, "People who never thought anything of utility poles before may become interested through the game. It's an overwhelmingly new initiative, even on a global scale."

GGG is a joint venture established in Singapore by TEPCO PG, Chubu Electric Power Co., Inc., and ICMG Partners. In March of this year, they signed an MOU with DEA ​​to consider a blockchain game using power asset NFTs.

Reference:Announcement
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