Line, Japan messaging app to launch NFT project LineNext

While everyone is talking about Non Fungible Tokens – NFTs to feel good, others are creating value on top of NFTs. 

The Japanese messaging application Line plans to launch NFT service next year through its new firm LineNext. 

The new company seeks to provide the marketplace for companies and individuals to trade NFTs globally, excluding Japan.

According to the company’s spokesman, “the Korea-based LineNext, which has around 100 employees, is working on the global NFT platform strategy and planning while the US-based LineNext is developing and operating its non-fungible token (NFT) platform business. The US office has 55 employees”

LineNext is currently in discussions with about 20 global partners for potential partnerships, the spokesperson said.

“NFTs are a kind of technology infrastructure that will transform the digital space and innovate the user experience in all areas, such as content, gaming, social and commerce,” said chief product officer of Line app products (and Line fintech company) Youngsu Ko, who has been appointed CEO of LineNext. 

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