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**Short Description**：The Japanese Web3 market has a huge potential. This event hopes to work with partners in the Japanese market to promote the audience base of polkadot ecosystem projects in the Japanese market based on the characteristics of the Japanese market itself. It is expected to promote the explosive growth of polkadot ecosystem in the Japanese market in the future.


**The current situation of the Japanese market** (why should we hold Polkadot events in Japan): 
① Potential market demand: As the world's third largest economy and the largest developed economy in Asia, Japan has a considerable amount of available capital for both the corporate sector and individuals, but traditional industries lack growth points under the influence of shrinking population, and the Web3 industry is expected to attract investment due to explosive growth.
②Friendly regulatory environment and possible policy support: Japanese financial regulatory authorities maintain a fairly open attitude toward digital assets, while the Japanese government is also actively promoting Web3 technology-related investments and tax reform on income from digital assets. The recent news that Binance is ready to enter the Japanese market can be seen as a response to this trend. 
③Polkadot ecosystem‘s partners in the Japanese market base: The partners of this event, such as Astar, as the star of Polkadot ecosystem in the Japanese market can attract a large number of potential event participants. Thus, the purpose of expanding the user base of Polkadot ecosystem products in the Japanese market can be achieved.


**Participants of this event**: 

Organized by: Valarhash Japan, Amber Japan

Co-organized by: IVS / cointelegraph

Experience：2019Valarhash product launch(Valarhash/ ChengDu,China), 2021 Expo Blockchain week(Amber Japan/ Tokyo Japan) ,2022 crypto Naha(IVS/  Okinawa Japan)

Valarhash is an innovative ecological platform focusing on the blockchain industry. With 9 years of experience in the Bitcoin mining industry since 2013, we have 10,000P of mining hashpower. We established 1tMine mining pool in 2019 and relocated our headquarters to the US in 2021. Valarhash Japan was established in 2020 and is building a comprehensive POW+POS comprehensive platform and is involved in the development of several Web3 projects.

Amber Group is a leading digital asset company operating globally with offices in Asia, Europe, and the Americas. The firm provides a full range of digital asset services spanning investing, financing, and trading. Amber Group is backed by prominent investors including Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures, and Blockchain.com.


**Objective of the event** (what this event hopes to bring to Polkadot Ecosystem): 
Expected participating organizations: 30+ ,     
Expected number of participants 1000+

Event date (expected): December 4th 2022
Location: Grand Prince Hotel Takanawa

**Events and Schedule**： 
Based on the characteristics of the Japanese market, we divided the event into four parts: wind, forest , fire, and mountain(Furinkazan, Japanese:風林火山). We used this familiar historical allusion in Japan to express our vision of Polkadot's ecosystem to harvest growth in Japan through the industry's cold winter.

**Wind**: Wind symbolizes the wind of web3 scraping around the world. This section mainly includes the introduction of web3 foundation and global web3 trends Japanese local web3 projects.

**Forest**: Forest symbolizes the companies and projects that have survived the bear market. This section mainly includes the introduction to the Polka Ecosystem Project: Astar,Crust,Moonbeam, Phala  and Japanese exchanges: GMOcoin, DMM bitcoin, coincheck, whalefin, bitbox.

**Fire**: Fire symbolizes the web3 trend that will sweep the world after the recovery. This section mainly includes Bear Bull Guide and POW/POS Roundtable.

**Mountain**: The mountain symbolizes a solid technological foundation for the Web3 future. This section mainly includes the introduction to blockchain technologies such as substrate.

**Budget allocation **(corresponding budget allocation for each activity).
Venue costs: 20,000USD   
Publicity costs: 10,000USD   
Labor costs: 10,000USD     
Miscellaneous expenses: 10,000USD   

**Total budget**: 50,000USD =7,985 DOT (based on the average exchange rate within 7 days of the point in time when the proposal was made)

**Notes**：
Fūrinkazan (Japanese: 風林火山, "Wind,  Forest, Fire, Mountain"), is a popularized version of the battle standard used by the Sengoku period daimyō Takeda Shingen. The banner quoted four phrases from Sun Tzu's The Art of War: "as swift as wind, as gentle as forest, as fierce as fire, as unshakable as mountain.”

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- There is a big market in Japan for a technology called Web3.
- Japan has a lot of money and is interested in investing in Web3.
- The Japanese government supports Web3 technology and is making it easier to invest in.
- There will be an event in Japan to promote a project called Polkadot and other Web3 projects.
- The event will have different parts, like talking about the technology and introducing different projects.

#1333 「Furinkazan」 — Polkadot Japan Day

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