Earlyworks selected as a co-creation partner for MetaMe a meta-communication service utilizing cutting-edge technology from NTT DOCOMO, one of Japan's largest cell phone operators!

Tokyo, Japan, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Earlyworks Co., Ltd. (Nasdaq: ELWS) (the “Company” or “Earlyworks”), a Japanese company operating its proprietary private blockchain technology, Grid Ledger System (“GLS”)*, has been selected as a co-creation partner for MetaMe, a meta-communication service utilizing cutting-edge technology from NTT DOCOMO, INC. (“DOCOMO”), one of Japan's largest cell phone operators.

About "MetaMe" and Co-Creation Partner

"MetaMe" is a new form of communication space developed by DOCOMO, where users can connect with others who share common values through hobbies, expressions, and conversations that reflect their individuality. It is operated by Relic Inc. (Headquarters: Shibuya-ku, Tokyo; CEO: Takaaki Kitajima), a company that supports new business development and innovation for Japanese enterprises. "MetaMe" consists of two main concepts: "Home," which reflects the values of users, and "Community World," which serves as a place for communication.

<MetaMe official website> https://lp.metame.ne.jp/

"MetaMe" will provide limited edition clothing, various items, and exclusive event tickets aimed at enhancing users' expression and experiences. These offerings will be facilitated through cutting-edge blockchain technology. Users will be able to showcase their rare items to friends, participate in exclusive events, and engage in interactions previously unavailable in similar services, aiming to provide new experiential value.

Earlyworks, with the mission of "unearthing economic resources of individuals and corporations through blockchain," serves businesses aimed at visualizing and valuing data through the utilization of blockchain technology. Collaboratively with DOCOMO's cutting-edge technology, we are advancing various initiatives to realize the new experiential value aimed for by “MetaMe”.

In the 1st phase, using Earlyworks' technology, "MetaMe" will be offered through a marketplace called the "MetaMe NFT** Market" where limited event tickets and items, as well as other NFT items, will be issued and sold.

About "MetaMe” NFT Marketplace

The "MetaMe" marketplace will offer the following services in different phases.

In addition to the existing marketplace within MetaMe that handles digital content linked to events, the newly released "MetaMe NFT Marketplace" will enable users to purchase a variety of NFTs using cryptocurrency (initial phase is Polygon only, but it will be expanded). These NFTs will include collaborations with companies and artists, as well as paintings (artworks) viewable within MetaMe, membership cards, virtual clothing in the metaverse and more. The MetaMe NFT Marketplace will initially offer multiple NFTs and provide a secure trading environment. Through this initiative, we aim to accelerate value exchange via NFTs and build the MetaMe ecosystem. The establishment of this marketplace will facilitate smooth value exchange among users and drive the expansion of fan communities.