June 20 (Cointime) - Japan, which has faced competition from Silicon Valley and China in recent years, has found a new opportunity in blockchain gaming. Japan's Web3 market, driven by gaming content and intellectual property-related businesses, is outpacing the global average and attracting attention from the global blockchain community.

Japan's cultural affinity for character-nurturing games and the government's proactive policies, including crypto-friendly taxation laws and clear regulatory frameworks, position Japan as a pioneer in the blockchain gaming arena. With its supportive environment for blockchain businesses and evolving blockchain gaming ecosystem, Japan is optimally positioned to lead the blockchain gaming revolution.