Preface:

Cherry blossoms fall all over the ground, there is a kind of mystery, condensing the air...

When it comes to Japanese film and television culture, what comes to mind first? Yamato Nadeshiko or Japanese samurai? Or the more popular cartoons and anime in recent years? The project I want to introduce today is Ninja Kingdom, which is closely related to Japan's classic screen images and traditional culture.

This article is only a personal survey and opinion. It does not involve any commercial cooperation and does not constitute investment advice. DYOR~

Mint Information:

It’s still early days, only Twitter and official website, Discord is not open yet

Mint Date: Unknown

Mint Price: Unknown

Quantity/Issuance: Unknown

Art style:

The small shrine in the pub is close to the entrance covered with pebbles... Jay Chou's songs always bring people into the atmosphere unconsciously~

The NINJA KINGDOM project adopts the common Japanese two-dimensional anime style. It may be because of the contrast of peers. There are too many two-dimensional projects recently! Especially the super fomo artist project headed by Ether, which makes people not very surprised by the pictures of NINJA KINGDOM. Judging from the image quality revealed in the early stage, I personally feel that its overall level is a bit low. Although it is not AI-generated but hand-painted, which is very valuable, compared with its outstanding capital background, this level of image is indeed a bit unacceptable, not to mention that it is a project launched in Japan, where the painters' strength and resources are very strong. I personally feel that Kyosei Bank should put more effort in the image. Moreover, from the official website promotion, we can see that Kyosei Bank intends to develop Ninja Kingdom as an IP, and then launch corresponding animations and games, and create its own metaverse, and also interact with the Ise Ninja Theme Park under its own industry. The image of NFT is actually the facade of the entire plan. If the facade is only at this level, it will inevitably make people feel a bit shabby.

Team Information:

According to the information on the official website, the project is backed by Kyosei Bank Co., Ltd., and the technical team is FS Lab. There is no celebrity leader, nor any professional web3 operation team. Whether it is the provision of funds or the planning of the project, it is all controlled by Kyosei Bank Co., Ltd. of Japan.

Kyosei Bank:

Kyosei Bank is not only a financial investment institution that issues and sells securities and financial products, but also involves the development and operation of real estate, and even the construction of some Japanese public works, the development of tourist cultural villages, and the elderly welfare cultural center. Although its popularity may not be as high as that of traditional Mitsubishi and Sumitomo Mitsui and other large conglomerates that can cover the sky with one hand in Japan, Kyosei Bank is definitely not small in size with its business scope covering food, clothing, housing, transportation and elderly care. For example, the HomeOx Hotel Kumamoto in Japan and the Symbiosis Japan Gate Welfare Narita Shopping Street next to Tokyo Narita Airport, which is expected to open in 2025, are both its works.

This NFT project is not Kyosei Bank's first foray into the web3 field. Not long ago, in October, Kyosei Bank purchased a 12 x 12 sandbox land in the name of the entire company. According to data, the cost was as high as 262.26 ETH, with an average price of 1.8 ETH per piece. Unfortunately, the location is in the lower right corner, which is not the best. However, what is interesting is that compared with the high-profile publicity after Kyosei Bank's purchase, Sandbox did not make any statement, and looked like a passerby, so it can basically be confirmed that this move is a publicity stunt by Kyosei Bank for its future web3 activities. At present, Sandbox LAND holders enjoy a staking benefit of APR110%, excluding purchases for investment purposes. Can it be speculated that Kyosei Bank will move towards the direction of games? 👀 You can look forward to the follow-up.

 FS LAB:

But compared with its technical team, FS Lab's resume is much inferior. It has not yet detailed the projects it has participated in. It only claims to have cooperated with well-known brands such as Adidas, Canon, Microsoft, etc., and has a deep understanding of the web3 field. However, based on the lack of any actual achievements, I can only question the value of FS lab. What's more, even a technical power as strong as NVIDIA may not be able to support a project.

personal opinion:

According to the information provided by @ninjakingdomjp on December 5, Ninja Kingdom's white single will also be in the form of an Application. The official emphasizes that it will pay more attention to everyone's love for anime and Japanese culture. You can follow the Twitter updates and try to get the white single. It is estimated that the difficulty in the early stage will not be too great.

Compared with capital from other places, I have always believed that Japanese capital will be more active in investing in the web3 industry. Whether it is large capital such as docomo softbank, or small capital with relatively low international reputation such as symbiosis, they are willing to take the initiative to set foot in web3. Even if they may not necessarily get very rich monetary returns, they also strive to gain valuable experience in web3, not to mention that they will also take the initiative to feed back offline industries through web3 activities, connect the connection between web2 and web3, and strive to drive the recovery of the real industry. This is very positive and worthy of recognition. At the same time, we also hope that more investors will realize this in the future.

The above is my opinion on Ninja Kingdom. Welcome to leave a comment~