Line, Japan’s largest social media platform, has launched a non-fungible token (NFT) marketplace known as LINE NFT that lets users trade their NFTs with others.
LVC Corporation the operator of Line’s blockchain divisions has announced an upcoming marketplace called Line NFT. This marketplace will have a market of approximately 40,000 non-fungible tokens which can be bought and sold by users. As well, Line NFT offers exclusive digital collectibles, which feature Yoshimoto Kogyo Holding’s videos, the classic anime series Patlabor the Mobile Police, as well as artwork of many other popular characters. By partnering with Line Family services and other companies, the entity assured it would add more NFTs later on.
The Line BITMAX Wallet allows customers to store their collectibles once they are purchased. By using the application, users can also send or exchange NFTs. Through collaboration with other group companies, LVC will continue to offer users a “myriad of experiences.”
Embracing the concept of ‘Line Blockchain Designed for Everyone,’ LVC aims to provide NFT and other blockchain services and technologies that can be applied practically to daily life, the organization said.
As of now, Line is available in numerous nations in East Asia serving over 600 million people. In addition to Japan, it is the most popular messaging application in Taiwan and Thailand. Nonetheless, the NFT marketplace is limited to Japanese users for now.
