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As it is custom, whatever trend appears in America becomes mainstream in Japan after it has completely lost its cool. This time the government and a billionaire think what the Japanese people really should care about is some jpgs.
According to Maezawa, Web3 == NFTs
Of course everybody knows billionaires are not regular people. They're better than regular people, with fancy cars and space travel fantasies come true. They know what's best for you (putting your savings in THEIR pockets). So, Maezawa is right on this one. /s
Unfortunately, the NFT craze is not that new here. There have been already a lot of 'success stories' on TV with presenters that barely understand the technology behind (could have been solved without blockchain).