#BTC stands on $48K, more pump?

Japan Metaverse: City of Kochi Unveils ‘Tourism Boost’ Plans
Kochi, Japan, will move into the metaverse space, with city officials sealing a web3 deal with the Philippines-based Start Lands.

Per Kochi News and CoinPost, the city government signed its deal with the firm behind the Start Land metaverse project on February 7.

The parties said a “virtual Kochi” would likely be open for online visitors by the summer of 2024.

Japan Metaverse Moves: Virtual City Will ‘Attract Tourists’
Start Lands is the brainchild of a Japanese developer who goes by the moniker of KOUSEI. The latter launched the company in May 2022.

In Start Land, internet users can reportedly “use free avatars to enjoy shopping” in a “virtual space.”

Kochi officials said they had “signed a comprehensive collaboration agreement” that would see them “promote regional revitalization using digital technology.”

And Kochi spokespeople said they believe the project will help them “expand sales channels for local specialties.”

They added that the move would help the city “attract tourists, and encourage people to relocate to [Kochi].”

The city said it was “also considering” use of the metaverse “in the fields of education and welfare.”