Softbank Messaging Giant starts NFT marketplace in Japan

Softbank Messaging Giant starts NFT marketplace in Japan

The Japanese messaging giant Line Corp. announced the start of his upcoming NFT marketplace on Wednesday.

The marketplace, which is scheduled to go live on April 13, will run on the line blockchain-the company's own network. Users can keep their digital collectibles in the company's line Bitmax pocket.

The platform with the name Line NFT will sell over 100 species of NFTS (not fungible tokens) per coinpost test report . In the future, NFTs will be integrated as avatars for Line messaging services.

The marketplace will work with various Japanese companies, including the video game developer Square Enix, the entertainment franchise Yoshimoto Kogyo and Patlabor.

z Holdings, another subsidiary of Softbank, will do this Supporting a similar marketplace, dosi, in 180 countries. However, the platform from Line is separated from the NFT plans from Z Holdings.

"It is possible that web3 announces a world in which life is completely different, and we don't want the company to miss this enormous chance of growth," said Kentaro Kawabe, co-CEO from Z Holdings, in a Interview .

The foundation of the two subsidiaries of the Japanese mixed group follows closely on the NFT plans of the e-commerce company Rakuten.

RAKUTEN announced its marketplace for blockchain-based assets on February 25 and will enable users to buy, sell and act cryptoassets based on Japanese mangas and TV shows.

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The article Softbank Messaging Giant to Launch NFT Marketplace in Japan is not a financial advice.