double jump.tokyo announces a strategic partnership with U.S.-based Neoclassic Capital, focusing on driving the mass adoption of web3 in Asia.
By Eliza Crichton-Stuart
Updated October 16th 2024
Updated October 16th 2024
double jump.tokyo, a prominent Japanese blockchain game developer, has announced a strategic partnership with Neoclassic Capital, a U.S.-based venture capital firm focused on web3 and digital assets. This collaboration involves an LP investment from double jump.tokyo into Neoclassic Capital, aiming to foster growth and innovation among web3 startups in Asia. By joining forces, the two companies seek to accelerate the global adoption of web3 technologies, starting from the Asian market.
double jump.tokyo Partners with Neoclassic Capital
Founded in 2018, double jump.tokyo has established itself as a leader in Japan’s web3 space, pioneering blockchain game development with its initial success, "My Crypto Heroes." The company has since expanded its efforts to collaborate with major game studios, support NFT initiatives linked to well-known intellectual properties, and build robust blockchain infrastructures. The partnership with Neoclassic Capital aligns with double jump.tokyo's broader mission of integrating blockchain technology into gaming and entertainment, positioning the company to further drive web3 adoption on a global scale.
Neoclassic Capital, known for its focus on web3 and entertainment investments, is backed by industry leaders such as Marc Andreessen and Chris Dixon from a16z. Co-founded by Steve Lee and Michael Bucella, who both have notable experience at BlockTower Capital, the firm is dedicated to expanding its reach in Asia’s rapidly growing digital asset space. The partnership with double jump.tokyo, supported by Arriba Studio, seeks to leverage each entity's strengths to create a robust ecosystem for web3 startups, particularly in Asia.
The investment aims to provide web3 startups with the resources and networks needed to thrive on a global stage. Neoclassic Capital’s extensive network of investors, combined with double jump.tokyo’s deep expertise in blockchain gaming and technology, establishes a solid foundation for companies looking to scale. This approach aims to accelerate web3's adoption by creating new opportunities for innovation in the gaming and entertainment sectors, where blockchain applications are rapidly expanding.
double jump.tokyo Recent $10M Funding Round
The collaboration between double jump.tokyo and Neoclassic Capital brings together a unique blend of expertise and resources. double jump.tokyo has a proven track record of integrating blockchain technologies into gaming, with partnerships involving prominent companies such as SEGA, Square-Enix, and Ubisoft. The company’s experience in the Japanese market and beyond positions it well to support emerging web3 startups in overcoming challenges and reaching broader markets.
Neoclassic Capital's background, particularly in investments related to web3 and entertainment in Asia, complements double jump.tokyo’s goals. Steve Lee, one of the co-founders of Neoclassic Capital, has a wealth of experience in finance, including his tenure at Goldman Sachs and his leadership role at BlockTower Capital. The fund’s connection to prominent industry figures and its involvement with the Tokyo Metropolitan Government’s innovation hub, "Tokyo Innovation Base," further strengthens its position as a key player in the web3 landscape.
Re-Building the Future of Gaming with Blockchain Technology
The partnership is set against the backdrop of a growing interest in web3 technologies across Asia. Blockchain’s potential to revolutionize industries such as gaming, entertainment, and finance has spurred investments in the region, making Asia a key driver of global web3 adoption. double jump.tokyo's efforts to integrate blockchain into mainstream applications align with broader trends in the region, where governments and private companies are increasingly exploring digital assets and decentralized technologies.
Through its collaboration with Neoclassic Capital, double jump.tokyo seeks to tap into this momentum and facilitate the growth of web3 startups, not only in Japan but throughout Asia. By connecting these startups with global networks and resources, the partnership aims to accelerate the development of innovative blockchain-based solutions that can compete on a world stage.
97 Million Gamers in Japan
The strategic partnership between double jump.tokyo and Neoclassic Capital marks a significant step towards advancing the mass adoption of web3 technologies in Asia. By combining double jump.tokyo’s expertise in blockchain game development and Neoclassic Capital’s investment capabilities, the collaboration aims to empower web3 startups and pave the way for transformative innovations in the digital asset space. As the global interest in web3 continues to grow, this partnership positions both companies at the forefront of a rapidly evolving industry, with the potential to reshape the future of gaming and entertainment.
updated:
October 16th 2024
posted:
October 15th 2024