Japan’s most popular social messaging app Line adds NFT marketplace

2 years ago

Line, Japan’s fig 1 ace app has launched its ain NFT marketplace, adding to its database of crypto-ready features.

Japan’s astir   fashionable  societal  messaging app Line adds NFT marketplace

Japan’s largest societal media app, Line has officially launched its ain non-fungible token (NFT) marketplace called LINE NFT. 

Partnering with Yoshimoto Kogyo, a large Japanese amusement conglomerate — the LVC Corporation, Line’s crypto and blockchain manager — volition connection astir 40,000 antithetic NFTs to its 90 cardinal users.

The archetypal question of soon-to-be-released NFTs volition see videos from the company’s in-house, Yoshimoto NFT Theatre, arsenic good depictions of characters from well-known anime series, Patlabor the Mobile Police, with much to travel connected connection successful the coming months.

Also NFTs from the iconic anime bid Patlabor the Mobile Police, and NFTs of different fashionable characters. At a aboriginal point, much #NFTs from a assortment of genres volition beryllium available.#nftigoo #NFTanime pic.twitter.com/32ZGRbt0Lb

— Nftigoo (@nftigoo) April 13, 2022

Users volition store their purchased NFTs successful the LINE BitMa wallet, a merchandise offered successful conjunction with crypto-exchange BitMax.

The app adds NFT capabilities to a increasing database of crypto-ready features, aft introducing the enactment of allowing users to wage for items with its autochthonal LINK token (LN) astatine immoderate of LINE Pay’s online merchants, earlier this year.

Line has a estimation for being among the archetypal large exertion companies successful Japan to follow cryptocurrency and blockchain technology, aft launching its precise ain crypto exchange successful 2018.

Related: Japanese concern elephantine Nomura to research crypto and NFTs with caller unit

NFTs are becoming progressively fashionable passim Japan, contempt the country’s relatively strict crypto regulations. The Japanese fiscal services conglomerate Nomura Holdings is the latest large subordinate successful the state to make an enactment program for implementing NFTs.

Earlier this year, large Japanese e-commerce steadfast Rakuten announced the motorboat of its own NFT trading platform, dubbed Rakuten NFT.

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