Line, the Japanese chat app giant The NFT token market is set to launch on April 13, in collaboration with a number of entertainment companies in the country.
The new LINE NFT platform will operate on the company’s proprietary LINE Blockchain network. Users who create NFTs on the platform must be stored in the LINE BITMAX wallet, therefore NFT trading between users can only be done through the Line wallet service.
To launch the NFT market, the company has partnered with several major companies in the entertainment sector, including Yoshimoto Kogyo, developer Square Enix, and popular manga Patlabor.
The release also included the sale of the Yoshimoto Stamp NFT and a limited-edition NFT video collection from Yoshimoto. There are also plans to integrate NFT as an avatar on Line’s messaging service.
Line also plans to include NFT in official stamps and stickers. Among other planned features are the use of digital collectibles as rewards in numerous social media campaigns.
The post Line, Japanese social media giant Preparing to launch its own NFT marketplace appeared first on Bitcoin Addict.