Created LineNext to expand the NFT ecosystem
Created LineNext to expand the NFT ecosystem

Line Corporation, wholly owned by Z Holdings and headquartered in Japan, will launch its NFT service through its new LineNext line next year, to provide businesses and individuals with a marketplace for NFT transactions worldwide (excluding Japan).

A spokesperson for Line said that the company is independently developing a beta version of the NFT marketplace for the Japanese market through the Line Bitmax wallet.

The company announced last week that it has launched LineNext in South Korea and the United States, with a focus on growing the global NFT ecosystem.

LineNext, based in South Korea, employs about 100 people and works on strategy and planning for the global NFT platform.

LineNext develops and operates the NFT trading platform in the USA. The spokesman pointed out that the US office employs 55 people.

As LineNext is a platform provider, transaction brokerage fees are the main source of income. Plans to increase sources of income in the future.

The spokesperson said LineNext is currently discussing potential partnerships with about 20 global partners.

LineNext's new global NFT platform supports companies and innovators around the world. In fact, they create markets, communities, and ecosystems for ordinary users of NFT transactions.

Youngsu Koo, Chief Product Officer of Line Apps, named CEO of LineNext, said, “Line has more than ten years of innovative experience and has grown into one of the most popular technology companies in Asia.

"Our goal now is to do the same with our global partners in the new NFT space," he added. The Korean office focuses on the global strategy of the NFT platform. Our US office focuses on the NFT business.

one of the line. Crypto Asset Link Publishing

LineNext aims to leverage Line's extensive experience designing and developing messaging and blockchain services to transform the NFT experience for businesses, developers, and users.

Since the founding of Line Blockchain Lab, the company has issued Link Crypto assets, which operates Line Bitmax crypto asset platform in Japan and Bitfront worldwide. Line also operates a platform for developing blockchain services. Online blockchain development platform. And about the NFT market beta version of Japan Bitmax Wallet.

According to Line, several blockchain partners such as Zepeto and Dentsu have issued more than 1.3 million NFTs.

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