LINE, Japan’s top social network and messaging app, has launched a non-fungible token (NFT) marketplace. With this new service, 90 million LINE users can send NFTs and exchange them with their friends.
Launched “LINE NFT” Marketplace
LVC Corp., the operator of LINE’s crypto assets and blockchain business, announced on Wednesday that it has launched LINE NFT, a non-fungible token marketplace available only in Japan. LINE claims to be “the fastest growing mobile messenger app in the world.” It offers free messages, voice and video calls.
“From today, LINE NFT will sell about 40,000 NFT products, including the Yoshimoto NFT Theater,” he said, adding that “users can save their purchased NFTs in their LINE Bitmax wallet.”
The Yoshimoto NFT Theater consists of video NFTs from Yoshimoto Kogyo Holdings Co., Ltd. Bitmax is a cryptocurrency exchange launched by LINE in September 2019. You can access it from the LINE app.
Details of the announcement:
Through the LINE app (a user base of about 90 million in Japan), they can conveniently send or exchange NFTs with their LINE friends.
The LINE NFT Marketplace will also offer NFTs for popular characters such as Gyuunyuu, Usagyuuun, and Betakkuma, as well as NFTs for the anime series “Mobile Police Patlabor.” The company added that “many different genres of NFTs will be available at a later date.”
LVC Corp. emphasized the concept of “LINE Blockchain Designed For Everyone” and said that it aims to “provide blockchain services and technologies such as NFT that can be put into practical use in users’ daily lives” in the future.
Rakuten, a major Japanese e-commerce company, has also launched an NFT marketplace. “Rakuten NFT is a service that provides a marketplace for users to buy NFTs and buy and sell NFTs peer-to-peer in various fields such as sports and entertainment including music and animation,” the company explained. Did. “Peer-to-peer publishing and sales services for NFT content will begin after 2023.”
What do you think about LINE launching the NFT Marketplace? Let us know in the comments section below.
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