Web3 Beer Brewery Launches on Remote Kagoshima Island with NFT-Based Ownership

A new brewery in Kagoshima, Japan, divides its building into 2,000 non-fungible token shares, offering a novel digital ownership model.

NFT

Summary

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Terms & Concepts
  • Web3: A decentralized internet model built on blockchain technology, enabling peer-to-peer interactions and ownership of digital assets.
  • NFT (non-fungible token): A unique digital asset stored on blockchain, representing ownership of items such as art, collectibles, or real estate shares.