Many large companies have started to take steps to exist in the NFT field and to catch up with this trend. At the end of last year, Japan-based messaging application LINE announced that it was preparing to offer the NFT service and was working in this direction.
Japan’s mobile messaging app LINE announced on Wednesday that it has officially launched its NFT marketplace, LINE NFT, through its Osaka-based blockchain subsidiary LVC.
LINE Launches NFT Platform
On LINE’s new NFT platform, which has more than 90 million users in Japan, users can buy, trade and exchange NFTs. They can store it in their LINE BITMAX Wallet, which can be accessed with their account in the LINE messaging app.
At launch, approximately 40,000 NFTs will be available on the platform, including content from Japan’s largest entertainment agency Yoshimoto Kogyo, popular anime series Mobile Police Patlabor, and LINE’s character Betakkuma.
LINE’s US-based initiative to expand the NFT ecosystem, LINE NEXT also plans to launch a global NFT platform called DOSI by July, which will support companies in building markets and building communities for content creators.
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