The sale of “Electric Power Asset NFT (Transmission Tower NFT Card, Utility Pole NFT Card)”

~ Venture into the world of WEB 3.0 ~

SINGAPORE AND TOKYO, 17 April 2023–(BUSINESS WIRE)–Greenway Grid Global Pte. Ltd. (Headquarters: Singapore, President: Kazuhiko Shiba; hereinafter referred to as “GGG”) and Tokyo Electric Power Grid Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President/CEO: Yoshinori Kaneko; hereinafter referred to as , “TEPCO PG”) is pleased to announce the sale of “Electric Power Asset NFT” on their websites commencing on Monday, April 3, 2023. The NFTs are images of TEPCO PG power assets, such as transmission towers and utility poles, that have been digitized using NFT technology*1.

This press release contains multimedia. See the full release here: https://www.businesswire.com/news/home/20230413005884/en/

NFT card (Numa 218) (graphic: Business Wire)

The global NFT market is said to be worth trillions of yen, and the domestic market is expected to grow from tens of billions of yen to hundreds of billions of yen by 2030.

GGG sees this as an opportunity to embrace the expanding Web3.0*2 trend and produce and sell “Electric Power Asset NFT (Transmission Tower NFT Cards, Utility Pole NFT Cards)” which is based on TEPCO PG’s “Transmission Tower Card”, which has been primarily used for recruitment purposes. Furthermore, we plan to cooperate with the DEA*3which has experience and WEB3.0 technical prowess that it has cultivated through, NFT games and NFT market, to explore new ways to add value beyond just ownership of “Electric Power Asset NFT.”*4

When TEPCO PG produces the electric power element NFT, TEPCO PG provides images of facilities that harmonize with the nature and histories of each asset, among the electric power elements that TEPCO PG owns, stretching from the cities to the mountains, thereby conveying the appeal of its electric power resources and support recruitment and other activities throughout the power industry.

*1 Non-Fungible Token (NFT). NFT uses blockchain technology to create unique digital assets.
*2 WEB3.0 is an “economy that creates, holds and exchanges value using tokens, such as cryptocurrency, on the blockchain”. Source: Web3.0 (METI/Ministry of Trade and Industry)
*3 DEA (Digital Entertainment Asset Pte. Ltd.). Since its launch on 26 May 2020, the NFT gaming platform “PlayMining” has gained over 2.7 million users in over 100 countries. DEAPcoin is Japan’s first Play-to-Earn token, and “PlayMining” is the world’s first Play-to-Earn token economy, leading the world’s GameFi field.
*4 Signing of an MOU with Digital Entertainment Asset Pte. Ltd. for assessment of a sustainable social contribution game using “Electric Power Asset NFT”
https://www.greenwaygrid.global/signing_of_mou_with_dea/

See the attachment below for an overview of “NFT cards for electric power (Transmission Tower and Utility Pole NFT cards)” and the sales method.

Overview and sales method of
“Electric Power Asset NFT (Transmission Tower and Utility Pole NFT Card)”

1. Card type and price

(Transmission Tower NFT Card)

  • S rank (1 type x 5 sheets): 100,000 yen/1 sheet (tax included)

  • One rank (2 types x 10 sheets): 30,000 yen/1 sheet (tax included)

  • B rank (2 types x 10 sheets): 10,000 yen/1 sheet (tax included)

  • C-rank (5 types x 20 sheets): 3,000 yen/1 sheet (tax included)

(NFT card for utility pole)

  • S rank (1 type x 5 sheets): 100,000 yen/1 sheet (tax included)

  • One rank (2 types x 10 sheets): 30,000 yen/1 sheet (tax included)

  • B rank (2 types x 10 sheets): 10,000 yen/1 sheet (tax included)

  • C-rank (5 types x 20 sheets): 3,000 yen/1 sheet (tax included)

2. Sales volume

10 types of Transmission Tower NFT cards, 10 types of Utility Pole NFT cards, 290 sheets in total

3. Sales period

3 to 30 April 2023
*Sale starts at 9:00 AM (JST) April 3 (Monday)

4. Sales

Sold on the following website
https://nft.hexanft.com/en/users/g1mRrrU3HXQTDP?collection=%E3%80%90%E9%9B%BB%E6%9F%B1%E3%80%91%E3%83%A9%E3 %83%B3%E3%82%AFS

5. Benefits

If you buy one or more NFTs from each rank (S to C), you will receive a “Premium Electric Power Asset NFT”. (See URL above for details)

6. Production involvement

Production: Greenway Grid Global. Pte. Ltd.
Sponsored by: Transmission Line Construction Technology Study Group
Photo: TEPCO Power Grid, Inc.
Supported by: Digital Entertainment Asset Pte. Ltd

See the source version at businesswire.com: https://www.businesswire.com/news/home/20230413005884/en/

Contacts

For inquiries contact:
Kazuki Kito
Chief Innovation Officer, Greenway Grid Global Pte. Ltd.
[email protected] / +65-9023-6603

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