On the 25th, Densan System Holdings <4072> announced that its group company Densan System will form a business partnership with Kibidango. Kibidango operates a cloud funding type EC service called "kibidango". This is a collaboration within the business of a tourist and local revitalization platform business promoted by Densan System.

The details of the business partnership include: 1. Planning and development of tourist and local revitalization projects using a cloud funding type EC service "Kibidango", consideration of project operation using Web3 and DAO, marketing activities for Kibidango members, 2. Sales promotion activities for tourist products, regional products, NFTs and tax returns using Kibidango's EC platform for Kibidango members, 3. Settlement of project support funds and EC fees using Japanese yen linked stablecoin "JPYC" and stablecoins, planning and development of domestic and international remittance system infrastructure for project owners, and promotion of stablecoin use for Kibidango members, 4. As part of the expansion into inbound, promotion of items 1-3 to foreign supporters.

Please utilize your Kibidango account for the following specifics of our collaborative business: 1) Planning and development, as well as consideration of utilizing Web3 and DAO for projects aimed at regional revitalization through a crowd-funding EC service called "Kibidango", in order to conduct marketing activities for Kibidango members; 2) Utilizing the Kibidango EC platform to promote the tourist, local products, NFTs, and tax returns to Kibidango members; 3) Development and implementation of payment systems for settled project support funds and EC fees using Japanese yen-linked stablecoin "JPYC" and stablecoins, planning and development of infrastructure for domestic and international remittance system for project owners, promotion of stablecoin use to Kibidango members; 4) Promotion to foreign supporters as a part of inbound expansion by utilizing items 1-3.