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Japan’s social media giant Line is launching an NFT marketplace By BTC Peers

by Mike Robinson

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© Reuters. Japan’s social media giant Line is launching an NFT marketplace

A handful of social media platforms, including Facebook (NASDAQ:), Twitter (NYSE:), have entered the NFT market. Last week, the Chinese social media platform Weibo launched TopHolder’s NFT marketplace. Line, a Japanese messaging company, announced this week that its NFT marketplace would be available on April 13th.

Dubbed LINE NFT, the platform will utilize the company’s proprietary LINE blockchain. Traders must store NFTs using the LINE BITMAX platform. NFT purchase can now be done with both credit cards or cryptocurrencies, such as.

The new NFT marketplace follows Line’s partnership with several companies in the entertainment sector. Notable partners included in this launch are Yoshimoto Kogayo, Square Enix videogame developer, and Patlabor top manga.

Yoshimoto Stamp NFTs and a selection of NFT videos will mark the occasion. Meanwhile, there are plans to roll out NFT avatars on Line’s messaging service, a move that has already been implemented by Twitter.

Line will also include NFTs on its stamps and stickers. On numerous social media platforms, users will have the chance to win digital collectible prizes.

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