Tokyo Electric Power : TEPCO Power GridThe Sale of “Electric Power Asset NFT (Transmission Tower NFT Card, Utility Pole NFT Card)”~Venturing into the world of WEB 3.0~

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March 31, 2023 

Green­way Grid Glob­al Pte. Ltd.
TEPCO Pow­er Grid, Inc. 

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

The glob­al NFT mar­ket is said to be worth tril­lions yen, and the domes­tic mar­ket is expect­ed to grow from sev­er­al tens of bil­lions yen to hun­dreds of bil­lions 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)” that are based on TEPCO PG’s “Trans­mis­sion Tow­er Card”, which has been pri­mar­i­ly used for recruit­ment pur­pos­es. Fur­ther­more, we plan to col­lab­o­rate with DEA*3, which has expe­ri­ence with, and WEB3.0 tech­ni­cal prowess that it has cul­ti­vat­ed through, NFT gam­ing and the NFT mar­ket, in order to explore new ways to add val­ue beyond mere own­er­ship of the “Elec­tric Pow­er Asset NFT.”*4

In pro­duc­ing the elec­tric pow­er asset NFT, TEPCO PG pro­vides pho­tos of facil­i­ties that har­mo­nize with the scenery and the sto­ries of each asset from among the elec­tric pow­er assets that TEPCO PG owns, which stretch from the cities to the moun­tains, there­by con­vey­ing the appeal of its elec­tric pow­er assets and sup­port­ing recruit­ment and oth­er activ­i­ties through­out the pow­er industry. 

Dis­claimer

TEPCO — Tokyo Elec­tric Pow­er Com­pa­ny Hold­ings Inc. pub­lished this con­tent on 31 March 2023 and is sole­ly respon­si­ble for the infor­ma­tion con­tained there­in. Dis­trib­uted by Pub­lic, unedit­ed and unal­tered, on 31 March 2023 02:43:06 UTC.

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