Japan’s prime social community and messaging app, LINE, has launched a market for non-fungible tokens (NFTs). The brand new service permits 90 million LINE customers to ship and alternate NFTs with their associates.
‘LINE NFT’ Market Launched
LVC Corp., the operator of LINE’s crypto asset and blockchain companies, introduced Wednesday that it has launched LINE NFT, a non-fungible token market accessible solely in Japan. LINE described itself as “the fastest-growing cell messenger app on this planet.” It provides free messages, voice calls, and video calls.
“From at the moment, LINE NFT will provide round 40,000 NFT merchandise on the market, together with Yoshimoto NFT Theater,” the announcement notes, including that “Customers can retailer bought NFTs of their LINE Bitmax pockets.”
Yoshimoto NFT Theater contains NFTs of movies by Yoshimoto Kogyo Holdings Co. Ltd. Bitmax is a cryptocurrency alternate launched by LINE in September 2019. It’s accessible by way of the LINE app.
The announcement additional particulars:
Via the LINE app — with a userbase of roughly 90 million in Japan — they’ll conveniently ship or alternate NFTs with their LINE associates.
The LINE NFT market may also provide NFTs of common characters — together with Gyuunyuu, Usagyuuun, and Betakkuma — and NFTs from the anime sequence “Patlabor: The Cell Police.” The corporate added that extra NFTs “from many various genres will probably be provided at a later date.”
Emphasizing the idea of “LINE Blockchain Designed For Everybody,” LVC Corp. mentioned that going ahead it goals to “present NFT and different blockchain companies and applied sciences that may be utilized virtually to customers’ day by day lives.”
Japanese e-commerce large Rakuten can be launching an NFT market. “Rakuten NFT is a service that gives a market for customers to buy NFTs, in addition to peer-to-peer shopping for and promoting of NFTs, in a spread of areas similar to sports activities and leisure, together with music and anime,” the corporate described in an announcement on Feb. 25. “A service for peer-to-peer issuing and promoting of NFT content material is deliberate for launch in 2023 or later.”
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