Good evening, this is Adachi.

Well, I recently gave a presentation at the blockchain section of "Social Innovation Week Shibuya," which was held from September 7th to 17th.

The speakers included Mr. Fukushima, the founder of Gunosy,
Mr. Nishimura from Money Partners,
The group included influential figures such as Arata and Poin, among other impressive members.
Furthermore, the cooperation systems and initiatives of Fukuoka City, Osaka City, and other local governments regarding blockchain technology were also introduced.
Our CFO, Kihara, also did a great job as a personality during the event.

What I realized from participating in this event is that crypto has entered a phase where it's no longer seen as a speculative investment, but rather as something that can be used for actual services.
What I found interesting was that one of the key points this year regarding the use of cryptocurrencies in real-world services is "stablecoins."
In other words, it's a coin whose exchange rate doesn't fluctuate.

Last year's bubble was triggered by the high volatility of cryptocurrency prices, which has hindered their use in real-world services.
This year, many people were paying attention to the emergence of "stablecoins," which were seen as a way to boost the use of cryptocurrencies in real-world services.

In that sense, the current slump in cryptocurrencies can be seen as a significant boost for 'Shake Hands Contract,' which has been steadily developing its service without conducting an ICO, and instead raising funds through equity.
The service is scheduled to launch in the fall.
We will proceed with development with all our might.

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Shiba NA Building 4F, 3-6-10 Shiba, Minato-ku, Tokyo 105-0014
STANDAGE Co., Ltd.
President and CEO: Akinori Adachi
Executive Vice President/COO: Kenta Omori
Press Contact Email: info@standage.org