Japanese Software program Big Line Plans to Launch NFT Market Subsequent Month

This post was initially revealed on News.Bitcoin

The Japanese social media and messenger software program agency Line Company has introduced the corporate is introducing a non-fungible token (NFT) market on April 13. Line detailed on Wednesday that the market shall be referred to as “LINE NFT” and it’ll showcase “greater than 100 varieties of NFTs.”

Japan’s Line Company to Launch LINE NFT Market

In March 2021, Line Company accomplished a merger with Softbank Group, Yahoo Japan, and Z Holdings. The merged firm goals to embody the digital world from all points and final week, studies revealed Z Holdings was launching a worldwide NFT market that may function in 180 nations. 13 days later, Line announced the corporate can be launching an NFT market referred to as “LINE NFT.” Line’s press launch notes that the market will showcase greater than 100 varieties of NFTs.

LINE NFT will launch on April 13, and LINE app customers will have the ability to use {the marketplace} through the app, the corporate particulars. The LINE NFT launch will see participation from Nissy (Takahiro Nishijima), Yoshimoto Kogyo, and Sq. Enix. Furthermore, the launch will see a Yoshimoto Kogyo Holdings restricted version NFT video dubbed: “Yoshimoto NFT Theater.” Whereas LINE NFT will solely function in Japan, reports say that Z Holdings’ NFT market referred to as “DOSI” will launch worldwide on April 19.

Line NFTs to Be Saved through the LINE BITMAX Pockets

Line’s entry into the blockchain house is nothing new as the corporate launched “LINE Blockchain Lab” in 2018. Moreover, a slew of well-known Japanese manufacturers and firms have been getting into the NFT trade, together with the Japanese leisure conglomerates Sq. Enix and Konami Holdings Company. This yr, the Japanese on-line retail large Rakuten plans to launch an NFT market, and the agency additionally mentioned Rakuten’s peer-to-peer NFT service shall be prepared in 2023.

Japanese Software Giant Line Plans to Launch NFT Market Next Month
Screenshot of LINE NFT through Line Company.

Curiosity in non-fungible token (NFT) tech has dive-bombed in current weeks and gross sales additionally took a dip in mid-February. Nonetheless, final week NFT gross sales picked up the tempo and improved by 17% from the week prior. Seven-day statistics point out that gross sales are up 50.71% over the past week with $586,510,454 price of NFT gross sales settled. Whereas LINE app customers will leverage the NFT market, NFTs themselves shall be saved through the corporate’s LINE BITMAX pockets.

Tags on this story
LINE BITMAX wallet, Line Corporation, nft, NFT sales, NFTs, Nissy (Takahiro Nishijima), Non-fungible Token, Non-fungible token (NFT), Softbank Group, square enix, Yahoo Japan, Yoshimoto Kogyo, Yoshimoto NFT Theater., Z Holdings

What do you concentrate on Japan’s Line Company launching an NFT market in mid-April? Tell us what you concentrate on this topic within the feedback part beneath.

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising as we speak.




Picture Credit: Shutterstock, Pixabay, Wiki Commons, Line Company

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