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Japanese Prime Minister: Web3 is part of the new capitalism.

According to BlockBeats news on July 25th, Japanese Prime Minister Fumio Kishida delivered a video speech at the "WebX - The Next Stage of Digital" Tokyo International Forum hosted by Coinpost, stating that "Web3 is part of the new capitalism." Web3 has the potential to change the traditional framework of the internet, trigger social changes, and the government is working to improve the environment for promoting Web3. Prime Minister Kishida strongly hopes that major Japanese companies can announce a large-scale project to create a valuable economic zone in the metaverse space to the world at this conference, and hopes that the Web3 industry can regain attention and vitality, and give birth to more new projects.
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