A Japanese village saved itself through DAO and NFTs ��
In the mountains of Niigata Prefecture lies a tiny village called Yamakoshi — one of many rural Japanese towns on the brink of extinction due to youth migration and an aging population. But the locals found an unexpected solution: they created Yamakoshi DAO, also known as Neo-Yamakoshi Village
In 2021, they launched the Nishikigoi NFT collection, named after the famous ornamental koi carp originally bred in this region. Each NFT wasn’t just a picture — it acted as a digital resident ID, granting voting rights in the DAO, access to village life, and the status of a “digital citizen”
Over the years, the project raised $423,000 and attracted 1,700 digital residents. The funds go toward supporting the elderly, organizing school sports events, and funding local initiatives. Many digital citizens even travel to Yamakoshi for festivals and community gatherings — blurring the line between online and offline life
So far, Yamakoshi DAO has held six votes with 40% member participation, aiming to reach 10,000 participants and boost engagement to 80%
The project has even gained support from Japan’s government: the Liberal Democratic Party allocated around $60,000 to test Web3 solutions, while Prime Minister Fumio Kishida has publicly stated that Web3 will be part of Japan’s national digital transformation strategy
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