eonmusic: music for life.
  • Home
  • News
  • Interviews
  • Reviews
  • Features

Introducing Japan’s New Cryptocurrency-Themed Girl Band.

28/2/2018

0 Comments

 
Forget the impending reunion of the Spice Girls, there’s only one girl band on the lips of music fans in Japan right now. Virtual Currency Girls – or Kasotsuka Shojo, as they are affectionately known in Japanese – are making a splash in the J-pop music scene, capitalising on the explosion of digital currencies in the process.
Picture
Photo: Bitcoin News via Twitter.
Forget the impending reunion of the Spice Girls, there’s only one girl band on the lips of music fans in Japan right now. Virtual Currency Girls – or Kasotsuka Shojo, as they are affectionately known in Japanese – are making a splash in the J-pop music scene, capitalising on the explosion of digital currencies in the process. This bizarre eight-girl group wear French maid dresses and masks that wouldn’t look out of place in the WWE wrestling ring.

Each member of the band represents a different cryptocurrency, from Bitcoin to Ripple. The group shot to fame at the turn of the year, when they held their inaugural live concert in Tokyo, debuting some of their latest tracks including 'The Moon', 'Cryptocurrencies' and 'Me'. Despite being annoyingly catchy – for those into zany Japanese pop, that is – the lyrics are also somewhat educational, designed to warn their fans about the importance of security when managing trading accounts and not to underestimate the volatility of the cryptocurrency markets. For the price of 0.001 bitcoin (equating to around £12) fans of the group could meet and have their photo taken with their favourite member.

The Virtual Currency Girls were formed by the Japanese entertainment group Cinderella Academy, in a bid to raise awareness of the digital currency world and the benefits of using decentralised currencies in real-life situations. The group’s leader, Rara Naruse, admitted it wasn’t the band’s intention to promote cryptocurrency as an investment strategy, but more as a talking point about the way the world’s payment methods and technologies are evolving. Naruse said the group wants “everyone to learn more about them”.
​

In a gimmick and a show of confidence in the security of cryptocurrency platforms, the Virtual Currency Girls are paid in digital currency for all tickets and merchandise sold at their gigs. That’s despite a cyber-attack on the same cryptocurrency exchange that the Virtual Currency Girls use. Their account was one of over 250,000 frozen following suspension of trading at Coincheck due to a theft of a digital currency similar to Bitcoin, known as NEM.

Young Japanese investors are particularly interested in digital currencies given the recent prospects of growth in the value of Bitcoin amid a backdrop of rock-bottom interest rates and modest returns from traditional investment assets in recent years. The financial authorities in Japan also granted Bitcoin legal tender status in 2017, setting the nation apart from neighbouring Asian countries such as China where tighter restrictions are being placed on cryptocurrencies.

Many people are already predicting what the next song titles will be regarding the cryptocurrency boom. Whether it’s Bet on your favourite football team with Bitcoin due to the increasing number of Bitcoin-only platforms allowing fans to place a sports bet with bitcoins at highly competitive odds, compared with traditional online sportsbooks; or Keep your eye on Ripple due to its 35,000% increase in value during the last 12 months, we sure can’t wait to find out!
​

The enormous success of their debut Tokyo concert suggests there will almost certainly be a nationwide tour of Japan for the Virtual Currency Girls this year. Whether Michael Eavis will snap them up for Glastonbury Festival 2019 remains to be seen, but it’s certainly a novel way of raising the profile of these legitimate currencies in the Land of the Rising Sun.
0 Comments



Leave a Reply.

    Picture
    Picture
    Rory Gallagher Remembered; 25 Years Gone.
    Picture
    The Waterboys Return With New Album 'Good Luck, Seeker'.
    Picture
    Helloween Postpone New Album & 2020 Dates.
    Picture
    The Bay Strikes Dublin as Testament & Exodus Give One More Lesson in Brutality.
    Picture
    Ian Anderson Chats Jethro Tull's 2020 Plans, and his 'Feud' With Robert Plant.
    Picture
    Download 2020 Comes to Your Living Room as Download TV Line Up Revealed.
    Picture
    Nicko McBrain Pays Tribute to "True Diplomat and Wonderful Human Being" Neil Peart.
    Picture
    Body Count Return with Brutal New Track 'Carnivore'.
    Picture
    A-ha Kick Off ‘Hunting High and Low Live’ World Tour in Ireland.
    Picture
    EXCLUSIVE: K.K. Downing Talks His Forthcoming Return to the Stage, and the Rock and Roll Hall of Fame.
    Picture
    INTERVIEW: Everclear's Art Alexakis Goes it Alone for 'Sun Songs' Album & Tour.
    Picture
    Epiphone & Lzzy Hale Team Up For Signature Explorer Model.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    September 2015

© 2016 - 2020 eonmusic.co.uk

Contact: info@eonmusic.co.uk
ABOUT
  • Home
  • News
  • Interviews
  • Reviews
  • Features