We are delighted to announce a strategic partnership between DeSpread and Astar Network, signifying a pivotal step in the global adoption of Web3.
Astar Network is a public mainnet platform that first utilized Polkadot SDK and Polygon CDK, supporting a multi-virtual machine environment. As a platform for the development of Web3 projects, it holds a unique market share in Japan. Furthermore, Astar Network is currently expanding beyond the Japanese market, embarking on a significant expansion into Korea and the global market.
Through this partnership, DeSpread aims to facilitate the integration between the Korean, Japanese, and global markets based on the strengths of both entities, thereby realizing the shared goal of generalizing blockchain and global mass adoption. As a key part of this collaboration, Earl Cho, Head of Japanese Business at DeSpread, will join the Astar Agent Program and this is also expected to further enhance communication and cooperation between both entities.
In particular, DeSpread seeks to provide an opportunity for its Korean and global Web3 networks and partners to facilitate integration of Astar Network and introduce the gateway into the Japanese market.
“2024 will be the year when blockchain and Web3 enter the mainstream industries and achieve widespread adoption worldwide. Astar Network, based on the prominent market share of the Web3 adoption in the Japanese market, is the most proactive blockchain in creating real-life use cases for the masses, while expanding into global markets, including Korea. By leveraging each other’s networks, we can create a stronger bridge connecting East Asia and the world, accelerating mass adoption.” — Earl Cho, Head of Japanese Business at DeSpread
“23rd just yesterday, the stock price of Toyota Motor Corporation on the Tokyo Stock Exchange expanded to a closing price of 4.88 trillion yen, surpassing the record set in the NTT stock price bubble of 1987, marking the highest ever for Japanese companies. Japan has overcome the challenging times known as the ‘Lost 30 Years,’ and we are on the verge of a turning point. At the same time, it’s remarkable that TSMC and Samsung are still positioned above this renewed high. There is much to learn from Taiwanese and Korean companies. Astar Foundation and Startale Labs aim to expand globally by learning the best practices from the Korean market, known for its strong application services, in line with the ‘Web3 for Billions’ slogan. We are grateful for the support of DeSpread in the Korean blockchain ecosystem, and we feel confident moving forward together.” — Sota Watanabe, the founder of Astar Foundation
About Astar Network
Astar Network is the gateway for projects across enterprises, entertainment & gaming in Japan and beyond, driving global adoption and delivering web3 to billions. It leverages a cross-virtual machine powered by Polygon and Polkadot to offer customizable blockchain solutions that accelerate web3 adoption. With zk-powered Ethereum L2 Scaling (zkEVM), EVM, Wasm, and a cutting-edge ecosystem, Astar delivers robust, secure, and interoperable web3 technology. Astar zkEVM is the new Layer-2 solution to scale a web3 experience on Ethereum with zero knowledge (ZK) technology. Astar Network adds an EVM equivalent environment that is seamlessly compatible with existing smart contracts, developer tools, and wallets on Ethereum.
DeSpread is a leading blockchain consulting firm based in Seoul, South Korea which is founded in 2019. DeSpread provides various solutions starting from go-to-market strategy, Media PR communication, and branding to awareness growth for both domestic and global projects with their unparalleled professional market knowledge and experience. Their expertise reaches all areas of Web3, including DeFi, NFTs, Metaverse, and Gaming, and the consulting services are fully optimized and customizable to meet the specific needs.