A new crypto-ready feature has been added to Line, the most popular app in Japan. It now has its own NFT market, which lets people buy and sell NFTs.
LINE NFT is the name of the non-fungible token (NFT) market that Line has just started.
With the help of Yoshimoto Kogyo, a big Japanese entertainment company will be able to offer about 40,000 different NFTs to its 90 million users.
New NFTs will be coming out soon, and the first batch will include videos from the company’s own NFT Theater and images of characters from a well-known anime show, Patlabor the Mobile Police. There will be more in the coming months.
Also NFTs from the iconic anime series Patlabor the Mobile Police, and NFTs of other popular characters. At a later point, more #NFTs from a variety of genres will be available.#nftigoo #NFTanime pic.twitter.com/32ZGRbt0Lb
— Nftigoo (@nftigoo) April 13, 2022
Users will keep their NFTs in the LINE BitMa wallet, which is a product that comes with the BitMax crypto-exchange.
The app adds NFT capabilities to a growing list of features that can be used with crypto. Earlier this year, the app made it possible for users to pay for things with their own LINK token (LN) at any of LINE Pay’s online merchants.
A lot of people in Japan think that Line was one of the first big technology companies in the country to start using cryptocurrency and blockchain technology. In 2018, the company started its own cryptocurrency exchange.
NFTs are becoming more and more popular in Japan, despite the country’s strict crypto laws. Nomura Holdings, a Japanese financial services company, is the last big company in the country to come up with a plan for implementing NFTs.
A big Japanese e-commerce company called Rakuten announced this year that it would be launching its own NFT trading platform, called Rakuten NFT. This is called Rakuten NFT.
