Japan’s leading social media and messaging app, LINE, has actually released a market for non-fungible tokens (NFTs). The brand-new service enables 90 million LINE users to send out and exchange NFTs with their good friends.
‘LINE NFT’ Marketplace Launched
LVC Corp., the operator of LINE’s crypto possession and blockchain companies, revealed Wednesday that it has actually released LINE NFT, a non-fungible token market offered just in Japan. LINE explained itself as “the fastest-growing mobile messenger app in the world.” It provides totally free messages, voice calls, and video calls.
“From today, LINE NFT will offer around 40,000 NFT products for sale, including Yoshimoto NFT Theater,” the statement notes, including that “Users can store purchased NFTs in their LINE Bitmax wallet.”
Yoshimoto NFT Theater consists of NFTs of videos by Yoshimoto Kogyo Holdings Co. Ltd. Bitmax is a cryptocurrency exchange released by LINE in September 2019. It is available through the LINE app.
The statement even more information:
Through the LINE app — with a userbase of roughly 90 million in Japan — they can easily send out or exchange NFTs with their LINE good friends.
The LINE NFT market will likewise provide NFTs of popular characters — consisting of Gyuunyuu, Usagyuuun, and Betakkuma — and NFTs from the anime series “Patlabor: The Mobile Police.” The business included that more NFTs “from many different genres will be offered at a later date.”
Emphasizing the principle of “LINE Blockchain Designed For Everyone,” LVC Corp. stated that moving forward it intends to “provide NFT and other blockchain services and technologies that can be applied practically to users’ daily lives.”
Japanese e-commerce giant Rakuten is likewise introducing an NFT market. “Rakuten NFT is a service that provides a marketplace for users to purchase NFTs, as well as peer-to-peer buying and selling of NFTs, in a range of areas such as sports and entertainment, including music and anime,” the business explained in a statement on Feb. 25. “A service for peer-to-peer issuing and selling of NFT content is planned for launch in 2023 or later.”
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