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Announcement of Web3 Partnership Agreement between Soccer J1/ Avispa Fukuoka for the 2024 Season

19 April 2024 14:01, UTC

Financie Co., Ltd. Company Overview

Financie Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, Representative Director: Hiromasa Kokumitsu, hereinafter referred to as “Financie”) is pleased to announce the signing of a Web3 partnership agreement (hereinafter referred to as “the Agreement”) for the 2024 season to support the activities of Avispa Fukuoka Co., Ltd. (Headquarters: Fukuoka City, Fukuoka Prefecture, President: Keiji Kawamori) and their innovative initiative called “Avispa Fukuoka Sports Innovation DAO” that aims to create an innovation model spreading from Fukuoka to the world, which started in the 2023 season.

What is Avispa Fukuoka Sports Innovation DAO?

Avispa Fukuoka Sports Innovation DAO (hereinafter referred to as “Avispa DAO”) is Japan’s first sports DAO, where members who share the vision of creating an innovation model spreading from Fukuoka to the world, together with Avispa Fukuoka, make decisions and take actions to promote various innovation activities. It has been active as a DAO since 2023, and currently has 2,579 members (as of March 19, 2024, including community followers).

— Avispa Fukuoka Sports Innovation DAO Special Website: https://www.avispa.co.jp/avispadao/

Support provided by Financie

To promote the innovation activities of Avispa DAO, the following support will be provided during the 2024 season:

1. Provision of the April 20 match day as an opportunity for innovation activities

Under the Agreement, the match against Iwata on April 20, 2024 (Saturday) has acquired the title sponsorship rights by Financie, but these rights will be provided as an opportunity for innovation activities of Avispa DAO. The detailed activity contents will be determined through voting by DAO members and will be announced in the near future.

2. Provision of special experiences on the April 20 match day as benefits for Avispa DAO members. As part of the title sponsorship, Financie will provide the following benefits as special privileges for Avispa DAO members, including:

— Kick-off ceremony

— Bouquet presentation

— Player reception

— Accompanying children

— Fair play children

— Watching the match from special seating, etc.

Detailed information on the conditions for obtaining these benefits will be provided in the “Notification from Avispa Fukuoka” within the Financie application.

3. Support for the expansion and activation of Avispa DAO’s community

By using a portion of the sponsorship money from Web3 partners, we will support the implementation of the following measures that will lead to the expansion and revitalization of the Avispa DAO community.

  • Avispa tokens needed to participate in Avispa DAO will be presented to those who support Avispa Fukuoka and Avispa DAO activities.
  • Avispa Fukuoka will implement “buyback” to purchase Avispa tokens from the market during the 2024 season.

*Due to buyback, the amount of Avispa tokens in circulation in the market will decrease, and the token price can be expected to rise.

*Buyback will be announced in advance on the “Notice from Avispa Fukuoka” within the FiNANCiE app.

Avispa DAO2023 season initiatives

About Avispa Fukuoka Co., Ltd.

Founded in 1982 as Chuo Security ACM Fujieda Soccer Club. In 1995, it moved to Fukuoka and was later renamed Fukuoka Brooks. The team joined the J.League in 1996 and adopted its current team name. AVISPA is the Spanish word for bumble bee, and the “lightness,’” “control,” and "diverse group attacks“’ derived from the behavioral characteristics of “bee” express the soccer style the team is aiming for. The shield shape of the emblem represents “hometown,” the club names surrounding the ball represent “harmony” and “unity,” the grass pattern represents “sturdy defense,” and the spear shape represents “a bee sting (sharp attack).” , the crown symbolizes the “king”.

About Financie Co., Ltd.

Financie is developing businesses that support the formation of ecosystems and communities using tokens, including the token platform “FiNANCiE” in the Web3 era, NFT planning and issuance support business, and IEO support business. Currently, we have a track record of issuing, selling, planning and operating tokens for over 200 sports teams, entertainment projects, individuals, etc., and are the only Web3 platform in Japan that supports the formation and expansion of token ecosystems all at once. We are aiming to establish this.

Financie | FiNANCiE https://financie.jp/

App: App Store (Supported OS: iOS 15.0 or higher)

App: Google Play (Supported OS: Android 6.0 or higher)

Company name: Financie Co., Ltd.
Representative Hirohisa Kunimitsu
Establishment date January 2019
Address: Cerulean Tower 15F, 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
Contact information: https://www.corp.financie.jp/contact