Japanesch Software Giant Line Pläng fir den NFT Maart nächste Mount ze lancéieren - Bitcoin News

The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.”

Japan’s Line Corporation to Launch LINE NFT Marketplace

In March 2021, Line Corporation completed a merger with Softbank Group, Yahoo Japan, and Z Holdings. The merged company aims to encompass the digital world from all aspects and last week, reports weisen Z Holdings was launching a global NFT marketplace that will operate in 180 countries. 13 days later, Line ugekënnegt the company is also launching an NFT marketplace called “LINE NFT.” Line’s press release notes that the market will showcase more than 100 types of NFTs.

LINE NFT will launch on April 13, and LINE app users will be able to use the marketplace via the app, the company details. The LINE NFT launch will see participation from Nissy (Takahiro Nishijima), Yoshimoto Kogyo, and Square Enix. Moreover, the launch will see a Yoshimoto Kogyo Holdings limited edition NFT video dubbed: “Yoshimoto NFT Theater.” While LINE NFT will only operate in Japan, Rapporten say that Z Holdings’ NFT marketplace called “DOSI” will launch worldwide on April 19.

Line NFTs to Be Stored via the LINE BITMAX Wallet

Line’s entry into the blockchain space is nothing new as the company launched “LINE Blockchain Lab” in 2018. Furthermore, a slew of well-known Japanese brands and companies have been entering the NFT industry, including the Japanese entertainment conglomerates Square Enix and Konami Holdings Corporation. This year, the Japanese online retail giant Rakuten plans to lancéiere an NFT marketplace, and the firm also said Rakuten’s peer-to-peer NFT service will be ready in 2023.

Interest in non-fungible token (NFT) tech has dive-bombed in recent weeks and sales also huet en Tauch geholl in mid-February. However, last week NFT sales picked up the pace and ëm 17% verbessert from the week prior. Seven-day statistics indicate that sales are up 50.71% during the last week with $586,510,454 worth of NFT sales settled. While LINE app users will leverage the NFT marketplace, NFTs themselves will be stored via the company’s LINE BITMAX wallet.

What do you think about Japan’s Line Corporation launching an NFT marketplace in mid-April? Let us know what you think about this subject in the comments section below.

Vum Jamie Redman

Jamie Redman ass den News Lead bei Bitcoin.com News an e Finanztech-Journalist, deen a Florida wunnt. Redman ass en aktive Member vun der Krypto-Währungsgemeinschaft zënter 2011. Hien huet eng Passioun fir Bitcoin, Open-Source Code an dezentraliséierter Uwendungen. Zënter September 2015 huet Redman méi wéi 5,000 Artikele fir Bitcoin.com News geschriwwen iwwer déi disruptive Protokoller déi haut entstinn.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Line Corporation