Digital Entertainment Asset Pte. Ltd. (hereinafter DEA), which develops the GameFi platform business globally based in Singapore, is a unique crypto asset DEAPcoin (hereinafter DEP) issued by the company at the crypto asset exchange “BITPOINT”. We announced that the deposit function of Singapore was introduced from 11:00 (JST) on June 8th.
As a result, it has become possible to deposit DEP acquired in the game on the GameFi platform “PlayMining” operated by DEA into BITPOINT and convert it into Japanese yen.
This means that for the first time in Japan, the Play to Earn process has been completed, in which users can safely and securely acquire crypto assets through games and convert them into fiat currency.
DEA has named this commemorative day “Play to Earn Day” * and will continue to widely deliver the experience of “earning through games” and contribute to the development of Japan’s Web3 and GameFi industries. increase.
Play to Earn is also a new way of working to earn income through games, and by using a mechanism called the scholarship system, it will create employment and lead to the realization of sustainable social and economic activities such as poverty alleviation. It is attracting attention.
DEA will actively work to utilize Play to Earn from such an ESG perspective, and will take on the challenge of building a new social contribution model that is not just about earning money.
* Currently, we are applying for a formal anniversary of June 8th as “Play to Earn Day” to the Japan Anniversary Association.
■ Deposit function start date
Wednesday, June 8, 2022 11:00 (JST)
▼ Please check the details of the URL below.
■ What is the crypto asset exchange “BITPOINT”?
BITPOINT is a Japanese cryptocurrency exchange operated by BITPOINT Japan Co., Ltd. (BPJ), a consolidated subsidiary (subsidiary company) of Remixpoint Co., Ltd.
▼ Click here for BITPOINT official website
■ What is DEAP coin (DEP)?
DEP is a utility token that is distributed on the GameFi platform “PlayMining” operated by DEA and can be used for NFT transactions.
“PlayMining” started service on May 26, 2020, and as of June 2022, it has more than 2.4 million users in 100 countries around the world.
DEP was listed on the crypto asset exchange “BITPOINT”, which was licensed by the Financial Services Agency of Japan on January 26, and became the 38th crypto asset handled in Japan. DEP is the first Play to Earn token to be distributed in Japan, and “PlayMining” is also the world’s first Play to Earn token economy, leading the world in the GameFi domain.
You can see the details of DEAPcoin here.
Digital Entertainment Asset Pte. Ltd. | https://dea.sg/jp/
DEA, which handles the GameFi platform business, is a company established in Singapore in August 2018. Play to Earn game “JobTribes (https://jobtribes.playmining.com/?rid=RpEoSP6H)” and NFT marketplace “PlayMining NFT (https://daa.playmining.com/?rid=qtvurtkA)” doing. Utilizing blockchain technology, we aim to realize a world where “enjoyment turns into value”.
Representative: Naoto Yoshida Kozo Yamada
Location: 7 Straits View, Marina One East Tower, # 05-01, Singapore 018936
Established: August 2018
Business description: GameFi platform business