Astar (ASTR) Price Prediction

The global cryptocurrency market cap now stands at $1.05T, down by -0.40% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $25,300 and $26,188 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $26,038, down by -0.03%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LPT, ASTR, and BLZ, up by 11%, 10%, and 9%, respectively.Top stories of the day:Binance Announces Helmet Design Contest in Partnership with Alpine F1 Driver Pierre Gasly European Crypto ETP Inflows Surge After BlackRock Bitcoin Filing Hong Kong SFC Approves Two Virtual Asset Trading Platforms for Retail InvestorsFTX Founder Sam Bankman-Fried Plans to Blame Fenwick & West Lawyers in His DefenseEx-OpenSea Exec Sentenced to 3 Months in NFT Insider Trading Case Balancer Urges Customers to Withdraw Tokens Due to Critical VulnerabilityCrypto Broker Hidden Road Gains Support from Pension Funds, Including Lockheed Martin’s Retirement Plan Friend.tech's 24-Hour Agreement Fee Drops to Fifth Place, Reaching $739,000Unknown Entity Accumulates Over $3 Billion in Bitcoin, Becoming Third-Largest Wallet FBI Tracks Down 1,580 BTC Stolen by North Korean Hacking Group TraderTraitor Market movers:ETH: $1645.31 (-1.16%)BNB: $215.5 (+2.52%)XRP: $0.52 (+0.35%)ADA: $0.2608 (-0.23%)DOGE: $0.06349 (+0.89%)SOL: $20.83 (-1.28%)TRX: $0.07629 (+1.69%)DOT: $4.421 (+0.07%)MATIC: $0.5548 (+1.22%)SHIB: $0.00000828 (+3.50%)Top gainers on Binance:LPT/BUSD (+11%)ASTR/BUSD (+10%)BLZ/BUSD (+9%)

Polkadot’s leading parachain and innovative hub, Astar Network, has partnered with Tokyo’s special ward Shibuya to support the city’s Web3 initiative.According to a press release sent to CryptoPotato, the partnership will see Astar and Shibuya team up to foster the development of Tokyo’s Web3 strategy.Astar Network Partners Shibuya CityAs per the release, the alliance is the first between a Japanese blockchain firm and one of Tokyo’s biggest and most densely populated wards.Shibuya, known as a major commercial and financial center, houses two of the world’s busiest railway stations and one of Japan’s best fashion districts. The ward is also the headquarter of the Japanese arm of the multinational technology company Google.Through the partnership, Astar will support Shibuya’s Startup Support activities by hosting Web3-focused events, including educational programs and hackathons.Commenting on the partnership, Sota Watanabe, the CEO of Astar Foundation, said: “Shibuya is the largest city for young people in Japan and the city of startups. It’s known as Japan’s Silicon Valley, or “Bit Valley,” derived from a place in Shibuya（渋谷), combining Bitter (渋) and Valley (谷). We’re honored to have opened our office in this tech hub and to have signed a basic agreement with the city to utilize web3.” Astar Fosters Web3 Growth in JapanSince its launch in January 2019, Astar Network has played a significant role in the growth and development of the Web3 space in Japan. As a blockchain innovation hub, the platform fosters Web3 adoption through education for engineers and business leaders to get involved in the budding sector.Last month, Astar partnered with Sony Network Communications, a business division of The Sony Group, a major Japanese technology company, to nurture Web3 projects through an incubation program.The program is designed for projects focusing on the utility of non-fungible tokens (NFT) and decentralized autonomous organizations (DAO) and will run from mid-March to mid-June.The post Polkadot’s Astar Network Partners Tokyo’s Shibuya to Support Web3 Strategy appeared first on CryptoPotato.

Sony Network Communications, a business division of The Sony Group, has teamed up with multi-chain smart contract network Astar Network to launch a Web3 incubation program for projects that focus on the utility of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). According to a press release, the Web3 incubation program will be organized by Singapore-based Startale Labs, a company founded by Astar Network CEO Sota Watanabe, and will run from mid-March to mid-June of this year. Applications for the program open on February 17 and close on March 6. Those accepted into the program will be split into 10 to 15 cohorts, and learning sessions will be provided by global venture capital firms such as Dragonfly, Fenbushi Capital and Alchemy Venture. Sign up for The Airdrop Newsletter, Your Weekly Wrap of Web3 Trends and News The goal of the program for Sony Network Communications is to explore "how blockchain technology can solve various problems in their industry," the press release adds. Projects in the program may also be considered for investment from Sony Network Communications. The incubation program is part of Astar Network's continued partnerships with companies looking to explore use cases for Web3 technology. Last month, Astar Network – one of the first parachains to come to the Polkadot ecosystem – teamed up with automotive giant Toyota on a Web3 hackathon. More broadly, Sony has also started to embrace Web3 technology, announcing a motion-tracking metaverse wearable called Mocopi in November 2022.