Line Partners With Japanese Entertainment Firm for NFT Marketplace

NFT Marketplace

Japanese messaging application LINE has launched its non-fungible token marketplace in partnership with Yoshimoto Kogyo and blockchain company LVC Corporation.

The first batch of the LINE NFT collectibles will consist of company videos, Yoshimoto NFT Theatre, and Patlabor Mobile Police anime series.

Users will be able to store their purchased NFTs on the LINE BitMax wallet, a product developed in partnership with BitMax digital asset exchange.

The addition brings NTF functionality to an increasing list of crypto-ready features by the firm, coming after adding the option of enabling users to purchase items with LINK tokens.

LINE was the first cryptocurrency firm in Japan to adopt cryptocurrency and blockchain technology with the launch of its crypto exchange in 2018.

Financial conglomerate Nomura is the other company in Japan to set a roadmap for the rollout of non-fungible tokens. Ecommerce platform Rakuten has also announced the launch of NFT trading platform.

Source: Cointelegraph

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