Too Digital Marketplace Inc.

Press release

Press release

Too is to establish a subsidiary aimed at the provision of NFT-related services
- An entirely new economic zone will be created for creators, artists and companies by the use of NFTs –

May 31, 2021

Too Corporation, a general trading company in the creative market (Head Office: 3-4-7 Toranomon, Minato-ku, Tokyo; President Gota Ishii; capital: 100 million yen; hereafter “Too”), will establish Too Digital Marketplace Inc. (hereafter “New Company”) in June 2021 as a subsidiary of Too aimed at the planning, development and provision of services related to non-fungible tokens (NFTs), which use blockchain technology.

Too Digital Marketplace Inc.  We provide unique value to all creative digital content with NFTs.

Background and aim of establishment

Since its founding in 1919, Too has supported creators, artists and companies using cutting-edge technology of each era, and we think that the state of digital content is about undergo significant change due to the appearance of non-fungible tokens (NFTs) using blockchain technology. Images, audio, video and other digital content can be duplicated infinitely, but it is now possible to guarantee the right of ownership as a unique, once-only piece of data with each piece of digital content having a unique digital signature due to NFTs that use blockchain technology.

New Company will provide services that allow high value-added digital content to circulate as NFTs with unique value. For that purpose, Too will pioneer a venue for new activities by creators and artists, and aim to create an entirely new economic zone for creators, artists and companies.

In addition, for creators, artists and companies wanting to provide NFT content, the New Company will support the building of digital content production environments, as well as the technology and legal processing required to convert digital content to NFT format, and we will provide an environment within which anyone can convert digital content to NFT format in a simple manner.

Through our efforts with NFTs, it will become possible to add unique value to all worthwhile digital content, and for anyone around the world to possess such circulated, value-added digital content. The New Company will create a world where all people who want to produce content can be actively successful.

Overview of the New Company
Trade nameToo Digital Marketplace Inc.
EstablishmentJune 2021
AddressToranomon 36 Mori Building, 3-4-7 Toranomon, Minato-ku, Tokyo
URLdmp.too.co.jp
Officers CEO President Gota Ishii
Director Kentaro Shimokura
Director Ryo Inoue
Director Junichi Ishii
Director Yasuo Tezuka
Auditor Mitsuhiro Sato
Business descriptionProvision of services using NFTs
Operation of an NFT marketplace
Support and development of NFT creators
About Too Corporation

Our company’s logo, “.Too,” incorporates the meaning of “exceeding things before the dot and being continuous challenges.” The company was founded in 1919 and throughout its 100-year history, we have always moved forward while anticipating the coming era in a world that continues to change greatly. In any era, expression and communication are always dragged along by cutting-edge technology and ideas. Too supports people who want to express themselves and works on the creation of new value in design, aiming to be a company that contributes to design culture.

RepresentativeCEO President Gota Ishii
Head Office AddressToranomon 36 Mori Building, 3-4-7 Toranomon, Minato-ku, Tokyo
URLwww.too.com

Inquiries about this matter

Too Digital Marketplace Inc.

E-Mail dmp@too.co.jp Toranomon 36 Mori Building, 3-4-7 Toranomon, Minato-ku, Tokyo 105-0001

Inquiries from the media

Marketing Department, Too Corporation
E-Mail pr@too.co.jp
Toranomon 36 Mori Building, 3-4-7 Toranomon, Minato-ku, Tokyo 105-0001

* Too is a registered trademark of Too Corporation.
* The rights to other registered trademarks and trademarks are attributable to their owners.