Web3 user community participation platform Passion Labs was invested by Animoca Brands Japan

On February 24, the Web3 user community participation platform Passion Labs was invested by Animoca Brands Japan. After that, the two will cooperate to help Japanese companies use the technology of Passion Labs to conduct KOC (key opinion consumer) analysis, develop corresponding Web3 strategies and create Web3 communities.

Interpretation of this information:

Passion Labs, a Web3 user community participation platform, has reached a new partnership with Animoca Brands Japan. The investment from Animoca Brands is expected to help Passion Labs expand and enhance their services in Japan. The two companies aim to work together to help Japanese companies leverage Passion Labs’ technology to conduct KOC analysis, develop effective Web3 strategies, and create Web3 communities.

With this new partnership, Japanese companies can expect to receive valuable insights on their target market and customers through KOC analysis. KOC refers to key opinion consumers or individuals who have significant influence over their peers’ buying decisions. By analyzing the behavior of these consumers, companies can gain a deep understanding of their target market and develop better strategies to meet their needs.

In addition to KOC analysis, Passion Labs will provide Japanese companies with the tools and resources they need to create successful Web3 communities. A Web3 community refers to an online community that utilizes blockchain technology to foster trust, transparency and accountability. These communities can be used to connect individuals, groups, and businesses from all over the world, providing a new avenue for collaboration, innovation and growth.

The partnership between Passion Labs and Animoca Brands Japan is a significant step towards the growth of Web3 technology in Japan. With the increasing popularity of blockchain technology, it is logical for companies to look for ways to leverage it for their advantage. This partnership will likely see a growth in the adoption of Web3 technology in Japan, as companies become more aware of the benefits of a decentralized and transparent platform.

In conclusion, Passion Labs and Animoca Brands Japan are set to work together to help Japanese companies leverage the power of Web3 technology to create more effective strategies, build communities and gain valuable insights about their customers. This partnership is a significant step towards the growth of Web3 technology in Japan, and it will be interesting to see how it unfolds.