DeSpread Allies with Astar

Published on: 28.01.2024
DeSpread Allies with Astar

DeSpread allies with Astar to facilitate Global Adoptions of Web3 strategic partnership to propel the Web3 Wave Across the world.

DeSpread and Astar Team Up to Promote Astar Network in Korea

Astar and DeSpread have joined forces to promote the Astar Network in Korea and help connect diverse local cryptocurrency markets in their bid for global mass adoption. As part of this collaboration, Earl Cho, DeSpread’s Head of Japanese Business, will participate in the Astar Agent Program. This move is expected to improve communication and collaboration between Astar and DeSpread.

Leveraging its extensive experience and robust connections in the Korean market, DeSpread is committed to actively onboarding partners to Astar network, thereby facilitating the expansion of Korean web3 companies into Japan.

“2024 will be the year when blockchain and Web3 enter the mainstream industries and achieve widespread adoption worldwide. Based on the prominent market share of the Web 3 adoption in the Japanese market, Astar Network 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,

Introducing Astar Network: The Future of Web3 Technology

Astar Network serves as a gateway for projects across various sectors, including enterprises, entertainment, and gaming in Japan and beyond. Its mission is to drive global adoption and deliver web3 to billions of users worldwide. By leveraging a cross-virtual machine powered by Polygon and Polkadot, Astar offers 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. The Astar zkEVM is a revolutionary Layer-2 solution designed to scale the web3 experience on Ethereum with zero knowledge (ZK) technology. In addition, Astar Network adds an EVM equivalent environment that is fully compatible with existing smart contracts, developer tools, and wallets on Ethereum.

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