Astar Foundation and Factomind join forces to drive Web3 Adoption in the Korean Market

The Astar Foundation is thrilled to announce its partnership with Factomind, a leading Korean provider of data-driven growth solutions. Together, they will work towards introducing Astar Network to the Korean market. Leveraging Factomind's extensive expertise in supporting web3 projects' growth, this collaboration aims to identify promising verticals and drive further adoption of web3 and Astar Network's technology.

Maarten Henskens, Head of the Astar Foundation, emphasizes the significance of this partnership, saying, "With our successful Artpia collaboration, we've already made a notable impact on the Korean Web3 scene by demonstrating how NFTs and entertainment can converge to support artists. Now, we aspire to expand our influence in Korea. Factomind will be an invaluable partner we'll rely on for guidance. We're eager to work together on growth strategies."

Astar Network, often regarded as the go-to-market chain in Japan, offers developers a comprehensive tech stack that includes multi-VMs with the popular EVM development environment combined with the power of Polkadot's substrate framework. Recently, Astar Network expanded its tech stack to include an Ethereum Layer-2, zkEVM powered by Polygon, reinforcing its multichain vision.

Korea and Japan, geographically close and both embracing web3 technology with favorable regulations, have taken strides in this domain. Korea, with its high financial literacy and a substantial number of active web3 wallets, presents a promising landscape. By sharing local insights, the collaboration between Factomind and Astar aims to fortify the Astar and overall web3 ecosystem in Asia while establishing a solid presence for Astar beyond its home country.

The Factomind team added, "We've been collaborating with numerous projects to enhance their understanding of the Korean market and localize their growth efforts. Astar has quickly risen to prominence in Japan, and the potential that the Japanese IP market holds in Korea is immense. We can't wait to work together to unlock that potential."

Factomind specializes in data-driven growth strategies for web3 projects, focusing on enhancing market and strategy efficiency and providing guidance on organic ecosystem growth in the Korean market. With expertise in financial markets, Factomind offers a comprehensive analysis of DeFi markets and strategies for developing high-quality products.

Together with the Astar Foundation, Factomind will work on building the infrastructure and community necessary to realize a web3 for billions.

About Factomind

Factomind Technologies, Ltd. (Factomind) is a market and data specialist with expertise in both traditional finance and the Web3 industry. With years of experience, the team aims to add value to partnering projects by providing data-driven insights, strategy optimization, and market-related solutions.

Official Website: https://factomind.io/

About Astar Network

Astar Network is the gateway for projects across enterprises, entertainment & gaming in Japan and beyond, driving global adoption and delivering web3 to billions. It leverages a cross-virtual machine powered by Polygon and Polkadot to offer customizable blockchain solutions that accelerate web3 adoption. With zk-powered Ethereum L2 Scaling (zkEVM), EVM, Wasm, and a cutting-edge ecosystem, Astar delivers robust, secure, and interoperable web3 technology. Astar zkEVM is the new Layer-2 solution to scale a web3 experience on Ethereum with zero knowledge (ZK) technology. Astar Network adds an EVM equivalent environment that is seamlessly compatible with existing smart contracts, developer tools, and wallets on Ethereum.

Official Website: https://astar.network/

Twitter (Formerly): https://twitter.com/astarNetwork