Line launches NFT market on its platform DOSI  • TechCrunch

Japanese messaging app Line’s non-fungible token (NFT) unit LineNext mentioned Tuesday that it has launched a consumer-to-consumer (C2C) market on the NFT platform DOSI. The C2C buying and selling service permits customers to purchase and promote NFTs globally. 

The announcement comes practically a yr after Line mentioned it plans to launch an NFT service in 2022 to offer a market for corporations and people to commerce NFTs. 

The corporate says anybody can simply commerce NFT on its DOSI platform, which provides a simplified transaction course of. As soon as customers join the DOSI pockets to MetaMask, an Ethereum crypto pockets, they’ll purchase or promote NFTs with only a few clicks. Customers pays with Ethereum, bank cards, Naver Pay and extra to commerce NFTs.  LineNext plans so as to add extra crypto property and cell fee providers in every nation. 

The corporate claims that DOSI has amassed scores of customers from 149 international locations and issued greater than 100,000 DOSI Wallets with 170,000 membership NFTs since its beta service launch in September. DOSI’s citizen membership service helps customers purchase membership factors, referred to as DON, by taking part within the NFT group actions or buying their NFTs. 

LineNext has launched a string of NFT tasks partnering with corporations, together with Korean media mogul CJ ENM and its dad or mum firm Naver. The corporate plans to launch various further NFT tasks to assist make NFTs extra acquainted to customers sooner or later. 

“We’re decided to create a brand new sort of NFT expertise for customers,” mentioned the chief government officer of LineNext, Youngsu Ko, in an announcement. “It’s not simply an funding or a brand new sort of expertise. For us, DOSI is about making NFTs fund and simple to make use of, creating advantages for our customers and constructing communities.” 

LineNext, which has places of work within the U.S. and South Korea, advised TechCrunch final yr its transaction brokerage charges would be the major income. 

DOSI is on the market in varied languages, together with English, Korean, Japanese, Chinese language, Bahasa, Spanish and Thai.

The corporate couldn’t be reached for feedback when requested during which international locations it operates the C2C platform service and the variety of DOSI customers.