The WebX side event co-hosted by CGV, XStar, and Starbase has successfully concluded

Tokyo time on August 27 from 2 PM to 5 PM, the 【Bridging Real & Virtual: Global Meets Local in WebX】 WebX side event, co-hosted by CGV, XStar, and Starbase, with mizu, Aylab, and LayerPixel as co-organizers, successfully concluded. This event invited top enterprises, projects, and communities from Japan, as well as leading institutions and projects in the industry, to discuss the Japanese Web3 market and share insights on how to achieve growth in the Japanese market.

Special thanks to all the partners for their strong support of this event.

Here is a highlight of the event.

Host Speech | CGV, XStar, Starbase

CGV (Cryptogram Venture) is a crypto investment institution headquartered in Tokyo, Japan. Partner YZ introduced the overall development background and investment situation of CGV: since 2017, its funds and predecessor funds have participated in investments in over 200 projects, including the investment and incubation of the licensed yen stablecoin JPYW. Meanwhile, CGV FoF is a limited partner of several globally renowned crypto funds. In addition, CGV actively focuses on the development of Japanese Web3 startups and has successfully held two editions of the Japan Web3 Hackathon (TWSH) since 2022, receiving joint support from institutions and experts such as the Japanese Ministry of Education, Keio University, and NTT Docomo.

Recently, CGV has invested in and incubated the Half-Mountain KOL Club and RONA.

Half-Mountain KOL Club is a service organization that gathers outstanding opinion leaders from around the world and has a large community. Team members come from regions such as Japan, Hong Kong, Singapore, and Vietnam, possessing rich project experience and extensive KOL resources in areas like crypto asset investment and research, community operation, branding, and marketing.

RONA is a high-performance Web3 gaming ecosystem dedicated to combining advanced hardware with blockchain technology to provide players with an immersive gaming experience and opportunities to earn income through gaming. By integrating gameplay, cryptocurrency mining, and AI computing power sharing, RONA creates a new ecosystem where players can enjoy gaming fun while achieving economic value.

Currently, CGV has branches in Hong Kong, Singapore, New York, Toronto, and is also one of the founding members of the Bitcoin Tokyo Club located in Tokyo.

XStar is an Omnichain identity protocol for human proof. Founder and CEO Ervin introduced how XStar's decentralized identity system (DID) combines with Proof of Humanity to counter witch attacks. This system binds Web2 social accounts to achieve anti-fake account and anti-fraud functions within Web2 social networks. The comprehensive scoring system launched by XStar—Personality Points (XHS)—combines biometric verification, Web2 social graph analysis, and offline activity participation to help identify users and their on-chain address personality attributes while protecting user privacy. In addition, XStar provides an independent personality verification service platform for Web3 projects (Proof of Humanity as a Service) to confirm the personality attributes of participating addresses before TGE and offers discounted pricing plans for the first projects using this service.

Starbase is a Web 3.0 accelerator focused on GameFi and AI. Founder Vivian introduced Starbase's core operational model, including project investment, incubation, and acceleration. Starbase has invested in over 100 projects across various popular fields and provides funding support for startups. Currently, Starbase's second phase "EverGrow Grant" is valued at over $2 million and is open for applications. Selected projects can receive comprehensive funding ranging from $10,000 to $30,000 to help reduce development costs.

In terms of incubation and acceleration, Starbase provides four major supports: consulting management, including economic model design and financing strategies; user growth, enhancing project exposure in markets such as Hong Kong, Taiwan, Japan, South Korea, and Southeast Asia through KOL and community networks; marketing, formulating strategies to improve project market awareness and participation; developer ecosystem, collaborating with global developer communities to provide necessary development support.

Additionally, Vivian shared Starbase's Asia tour plan: during major industry conferences, Starbase will co-host side events with leading industry institutions and local partners to explore local markets, connect resources, and discover growth opportunities. So far, Starbase has successfully held two Asia tour events, with several more planned to follow.

Keynote | Aylab: Web3 User Acquisition At Scale

Aylab is building the Aylab Traffic Loop (ATL), an innovative Web3 advertising engine designed to help Web3 projects acquire large-scale mobile users from both Web2 and Web3. CEO Robert Zhang stated that the Aylab team believes that the current complexity of most Web3 projects and the need to pay Gas fees significantly hinder the entry of Web2 users and Web3 newcomers. The goal of ATL is to simplify these processes, allowing users to more intuitively access and use applications. Currently, ATL has completed over 100 million on-chain transactions with partners such as SUI, BASE, Mantle, opBNB, and Wormhole, and will collaborate with more Web3 projects in the future to attract a larger user base.

Panel

Panel 1: Navigating Japan's Web3 Market

Japan's proactive Web3 policies, unique market atmosphere, and vibrant community culture are gradually making it an important market. More and more emerging companies are actively expanding and seeking opportunities in this market. Panel 1 is a Japanese-language session hosted by Kaori, Japan Ambassador of Anome, inviting guests from well-known local enterprises, projects, and communities: CEO of JANCTION and CFO of JASMY Hara, Director of ACG Worlds Kab, CEO and founder of LEGENDARY HUMANITY Mack Suzuki, and founder of GuildQB Keisuke Horiguchi. Several guests shared their views on the development of Web3 in Japan and insights on how overseas projects can enter the Japanese market.

Panel 2: AI Meets Crypto: Beyond the Hype, Into Real-World Application

AIxCrypto has rapidly become an important narrative direction in the current market. As this trend develops, related applications, protocols, and infrastructure continue to emerge. Panel 2 is hosted by Alex, Strategy Lead of XStar, with guests from well-known VC institutions and projects: Investment Director Kobby Chen from Fenbushi Capital, Investment Director Kevin Qi from Mask Network, Director Jane from CGV, and Co-founder Sam from mizu. The guests delved into the current landscape of the AIxCrypto field, its wide-ranging applications, and future development potential and prospects.