4. Providing "scholarship" opportunities to solve poverty in Japan and the world

For our ESG investment, we provide the "scholarship" system to socially vulnerable single parents; Receiving the support from Japanese politicians, we work hard to solve poverty in Japan and the world

LGG also focuses on solving poverty and supporting developing countries through our own scholarship program.

What is LGG Scholarship?

LGG first scrutinizes the NFT game projects for an appropriate expansion of the economic zone, and then we take the risk of purchasing the NFTs that is necessary for playing the game.

The NFTs are then provided free of charge to game users, and the users and the guild share the revenue earned from the game.

Throughout such a system, even people with limited purchasing power can experience "Play to Earn" without any risk, which can even create new employment.

In recent years, gaming guilds have been increasingly chosen as a destination for corporate ESG investments.

If an inappropriate game is offered, however, there is a risk of no investment profit or economic loss to the users utilizing the scholarship.

Thus, LGG can handle management of corporate guilds instead of the companies, scrutinize NFT games suitable for the scholarship, and provide employment opportunities to as many people as possible.

Sustainable financial support for single parents

Thanks to the scholarship, which can give rewards with basic income-like properties, it is now possible to:

• alleviate economic insecurity for those in need in society, and

• provide opportunities to take on a challenge to their dreams and businesses they have been eager to try

Scholarship is not limited to one-time support, but can be permanent as long as the game's economic zone keeps on functioning, thus making it possible for sustainable supports.

From an ESG perspective, it is highly important to create employment opportunities for people with special needs, such as single parents and handicapped people, who may not be able to work in full time.

LGG created a documentary about such possibilities of "Play to Earn" for the first time in Japan. (*English subtitles available)

Partnership with "Japan Single Mother Support Association"

Japan Single Mother Support Association was established in 2013 with the aim of creating a society where women can work easily while raising their children.

We provide the following support to our 8,700 single mother members (as of December 2021):

• support for the members' "increasing their annual income" to find or change their jobs successfully

• "community" to increase the number of peers

• "communication skills" to facilitate human relations

• support for women's economic and mental independence

We strongly sympathized with the mission of Japan Single Mother Support Association: "A mother's mission is to help her children grow into adults while being happy and fulfilled. To do so, she first has to fulfill herself and reduce her anxiety and worries." LGG is eager to work together to tackle this problem, and we made this partnership happen.

Profile & Support Comments from Michiko Enari, Representative Director of Japan Single Mother Support Association

Profile

Representative Director of "Japan Single Mothers Support Association"

President of "Single Mother Support, Inc."

Advisor of "Grameen Nippon"

Lecturer at Musashino Gakuin University

Working in partnership with companies and local governments, Enari provides support for single mothers with a focus on increasing their income. In June 2018, she was featured in Forbes Japan as an "Innovative Manager" and in June 2019 in "Social Impact Bonds."

Comments

Supporting single mothers to stabilize their lives can be improved to some extent by helping them find employment that can increase their income. However, there are a few cases, such as when she or her children are sick, where there is still a lack of acceptance within the social structure even if she is willing to work. Still, single mothers must earn money to raise their children. When I was looking for a way to help people in this situation, I heard about the NFT games from one of the LGG members, who was introduced to me by a Miyoshi Ward Council member. Then I thought, "That's it!"

Metaverse is not my area, but I would like to make it a reality with the cooperation of LGG in order to realize a society where no one is left behind.

Profile & Support Comments from Yurika Miyoshi, a Member of Koto Ward Assembly, "Atarashi-Tou(New Party)”

When entering into this partnership, LGG has also received support from a ward assembly member who also supports single parents.

Profile

She started her own business at the age of 23 as a single mother. After experiencing difficulties in finding a place to take her child, she decided to organize childcare support events, and so on. She was first elected in 2015.

She remarried the same year and became a step-family, giving birth to her second child in 2016. She has made abuse prevention her life's work, including sex education, prenatal and postnatal care, LGBTQ, and single parent support.

Support Comments

I am happy to see the birth of another concrete mechanism to encourage the creation of an environment where single-parent households, especially single mothers, can lead their vibrant lives. As a politician supporting single parents, I support the activities of the Japan Single Mother Support Association and LGG.

A completely new form to support developing countries

Moreover, Web3.0 has also brought a unique form of support through scholarships.

LGG has many overseas scholars, and when a major typhoon hit the Philippines in 2021, some of them had their houses completely destroyed.

Therefore, we collected donations by our volunteer owners and sent about 600,000 SLP(20,000 USD = approx. 2.2 million JPY) to our scholars' families and neighbors.

Text messages with scholars in the Philippines, who purchased food with the donation we sent and distributed it to neighbors.

When we donate money to developing countries in a major way, companies or NPOs intervene between donors and recipients; Thus, there has been a lack of transparency as to how much of the money has gone to whom and how it was intended to be used.

Using cryptocurrency, however, we can transfer NFTs or donations directly to individual wallets across borders instantly, without going through banks or NPOs. This allowed LGG's Filipino scholars to immediately feed themselves with our monetary donation, reducing secondary damage from the disaster to their own families and neighbors.

This is a feature of gaming guilds, a unique community connected by blockchain technology.

Of course, the benefits of scholarship are not limited to emergencies. We have received messages from overseas scholars on a regular basis, such as "It has helped me earn money for school tuitions for graduation." And "Now I can go to the dentist."