LINE, Japan’s dominant mobile chatting app, officially launched its NFT marketplace

On Wednesday, LINE, Japan’s dominant mobile chat app, officially launched the LINE NFT market through its Osaka-based blockchain subsidiary LVC.

Japan’s messenger app LINE launches NFT marketplace

Users can buy and trade NFTs on the platform and store them on the LINE BITMAX Wallet, which can be accessed through a LINE messaging app account. Around 40,000 NFTs will be made available on the platform during the launch period, including content from major Japanese entertainment company Yoshimoto Kogyo, the popular anime series Mobile Police Patlabor, and the LINE character Betakkuma.

The communication app has more than 90 million users in Japan. LINE NEXT, LINE’s US-based venture to expand the NFT ecosystem, is planning to launch a global NFT platform called DOSI in July that will assist companies and creators in building Build markets and creating communities.

LINE is owned by a joint venture involving South Korean internet giant Naver and Japan’s SoftBank.

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