Japanese Otaku Coin Affiliation Welcomes New Management

Shaped to attach followers of Japanese animation, the Otaku Coin Affiliation has introduced main figures from the anime and the blockchain business will be part of its management workforce.

In line with a July 27 article in Japanese information outlet AdverTimes, executives from Dentsu Japanimation Studio and the Hakuhodo Blockchain Initiative will probably be becoming a member of the Otaku Coin Affiliation (OCA) as new administrators. The OCA appointed Makashi Muto from Dentsu and Yusuke Ito of Hakuhodo to its workforce.

The affiliation began distributing 6 million tokens amongst 15,000 individuals without spending a dime in September 2018. Nevertheless, the OAC intends to launch a fundraiser in 2021 as half its plan to ultimately transfer the cash to the blockchain.

The namesake of the Otaku Coin is a Japanese time period for “superfan,” or somebody obsessed with a particular niche of popular culture. The token is a neighborhood foreign money focusing on followers of Japanese anime, comics, and video games. 

Blockchain and popular culture go hand-in-hand

Cointelegraph reported on July 1 that the variety of cryptocurrency and blockchain-related companies in Japan elevated by greater than 30% in 2020, with lots of the companies having ties to widespread video games within the nation. Sadly, many types of playing are nonetheless unlawful in Japan, creating regulatory issues for builders seeking to transfer to the blockchain.

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