This SoftBank-Owned Japanese Social Media Giant Is Launching An NFT Marketplace – Bitcoin – United States Dollar ($BTC)

todayMarch 24, 2022

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LINE, co-owned by the Masayoshi Son-led SoftBank Group Corp (OTC: SFTBY), is all set to launch a non fungible token (NFT) market.

What Occurred: LINE NFT will probably be obtainable starting April 13 and permit customers to make use of the corporate’s social media and messaging app to buy digital tokens, in keeping with an announcement.

LINE stated it goals to supply an atmosphere the place anybody can simply entry NFTs by way of its market and supply customers with an entrance to Net 3.0.

NFTs bought by way of {the marketplace} will be saved in LINE’s BITMAX Pockets, which is accessible to just about 90 million folks in Japan. Customers may also be capable of alternate and ship NFTs to their buddies.

See Additionally: How To Purchase SoftBank (9984) Inventory

Why It Issues: The social media software stated it can promote greater than 100 kinds of NFTs in seven genres. A few of its companions embrace the leisure franchise Yoshimoto Kogyo, online game developer Sq. Enix and Patlabor, a preferred manga.

LINE launched a teaser web site on Wednesday forward of the launch of its NFT market.

The chat software is well-known for its stickers that includes characters akin to Brown, a bear, and Cony, a rabbit. 

It’s already attainable to buy cryptocurrencies in Japan akin to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Litecoin (CRYPTO: LTC) by way of BITMAX.

This month, Meta Platforms Inc (NASDAQ: FB) CEO Mark Zuckerberg confirmed that NFT performance will probably be obtainable on Instagram within the coming months.

Learn Subsequent: Benzinga Launches NFT Insanity 2022 Event: A Bracket Of 64 High NFTs Initiatives Competing For The Championship

Picture courtesy: LINE


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Written by: soft fm radio staff

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todayMarch 24, 2022

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