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DIMO Facilitates Migration of the Up and Coming Anime Marketplace, Rakuza, to the Superefficient Xinfin Network

by Amanda Greyfield
January 12, 2022
in Business
DIMO Facilitates Migration of the Up and Coming Anime Marketplace, Rakuza, to the Superefficient Xinfin Network

2021 has been quite a year for the digital market, where blockchain technology is set to alter the future of commerce with the steady growth of NFTs and the ever-so-capricious cryptocurrency. Despite its immense success, it comes as no surprise that these markets are made possible through its diverse communities that are not just composed of ardent individuals but are also experienced in digital marketing. 

The blockchain itself is a complex piece of tech that not many are well-versed in. To put it simply, it acts as a database that stores information electronically in digital format, giving it a vital function when it comes to cryptocurrency arrangements, such as Ethereum or Bitcoin, for a more secure and decentralized record of transactions. 

Despite its prominence, only a few have managed to grasp the idea of blockchains, XinFin being one of them. XinFin is a hybrid blockchain platform built to modernize the global trade and finance sector through a more accessible, efficient, and highly versatile decentralized infrastructure solution. The program is also designed to augment the legacy financial ecosystem by providing a permissioned blockchain that governments, enterprises, and private firms can use to overhaul their tech stack and power a variety of novel use cases. The XinFin Hybrid Network is powered by XDC protocol where it enables digitization, tokenization, and instant settlement of trade transactions, upgrading efficiency. In addition, it reduces reliance on complex FX infrastructures, allowing for enhanced and expanded flexibility in liquidity regulations for several financial institutions.

Together with DIMO, a program that offers technical and business solutions for decentralized blockchain enterprises, XinFin aspires to break barriers and establish a strong blockchain presence by catering to a particular group of people whose interests range from cryptocurrency, NFTs and just the digital market in general. In addition, DIMO offers a variety of chain solutions for businesses by solving the scalability problems of their network protocols and great chain-to-chain migration where clients no longer need to face high fees and low TPS or transaction process systems. Throughout its existence, DIMO has proudly built several outreach programs in the industry, offering community growth and enterprise tie-ups, to name a few.

DIMO also assists new projects to raise funds via debt and equity instruments via institutional funds, holds ICO for projects, and does what they do the best, which is to get the project off the ground. In addition, DIMO will be launching the very first NFT marketplace on the chain in the early quarter of 2022 and is looking for project partners in the European, North American, and Asian markets, as they want to expand their bases into these markets.

Through its successful collaboration, XinFin’s community has grown incredibly. Now they are working on many other projects, including launching a complete application on the network, getting more crypto connections, building a DEX or digital exchanges on the XDC chain, and establishing relationships with more NFT brands. Moreover, since its partnership, DIMO has been highly triumphant in getting the XinFin team’s liquidity to improve by a massive 54% in just a month.

“Of course, this was a joint effort by both DIMO and the remarkable team at XinFin,” a spokesperson from DIMO states, adding that through its success, there has been an array of marketing tie-ups for the XinFin network, including influencer affiliations, community growth, as well as creating and building an open community for XDC. 

XinFin and DIMO hope to expand their domain and become one of the best blockchain communities ever to grace the metaverse with their excellent synergy. DIMO’s innovative campaign ideas have further forwarded XinFin as a top-of-mind platform for millions of New Yorkers who saw the promotional material the network has placed on a huge billboard in Times Square.

DIMO also facilitated the migration of RAKUZA to the XinFin network. RAKUZA is a marketplace specializing in the NFT of anime cell images, which are no longer newly created due to the transition of the Japanese animation industry. RAKUZA makes it possible for you to have “owning rights” to famous and memorable scenes that are now considered valuable cultural assets.

RAKUZA will appropriately manage and store real works of art with appraisals and certifications, and further convert them into digital data (NFTs) using blockchain, thereby solidifying them as objects with real value as an asset and enabling the exchange of this value around the world.

“In order to protect and cultivate Japanese culture for future generations, we must create a new market for anime cels that focuses on enhancing their value as art, while at the same time protecting these works as cultural assets. We must not create another situation where Japanese anime cells are discarded and forgotten the same way ukiyo-e were,” the company said.

In the future, they hope to further expand and develop with the understanding of the copyright holder. By creating NFTs of anime cells and appropriately managing and storing the original artworks, they believe they will be able to protect the rights of all stakeholders, and thereby contribute to the preservation and development of Japanese anime culture as a whole.

“We hope that RAKUZA will lead to the creation of a new economic zone that protects, cultivates, and even enhances the value of Japanese pop culture and the creators who engage in it, so that we can realize this vision for the world and for the future.”

Check out their website to learn more about DIMO, XinFin, and their projects.

Tags: NFT
Amanda Greyfield

Amanda Greyfield

Amanda Greyfield works as a part-time blogger on various blogging sites. She loves sports and outdoor adventure.

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