NFT Crypto Business Rises, Line Corporation Establishes Two New Companies
Line Next consists of two companies. First, Line Next Corporation, based in Korea which focuses on global NFT platform strategy and planning.
The second, Line Next Inc, is based in the United States (US). The company develops and operates the NFT platform business. Line Next Inc. plans to introduce a new global NFT platform.
The platform is based on Line's experience and knowledge in developing global services and blockchain technology products.
The new global NFT platform will support companies and creators around the world as they build marketplaces and create communities and ecosystems for common users to trade NFT.
Line Fintech Company's Chief Product Officer and CPO, Youngsu Ko, was appointed CEO of Line Next. Temporary. Woosuk Kim, CEO of Line Tech Plus Lte, Ltd. is Director of Business.
NFT is a kind of technology infrastructure that will transform the digital space and innovate in user experience in all areas. Such as content, games, social and commerce.
“LINE has more than a decade of proven experience as an innovator. To be one of the most popular technology companies in Asia. Now we aim to do the same for the new field of NFT together with our global partners. Our Korean office focuses on the global NFT platform strategy and our office in the United States focuses on the NFT business," said Youngsu Ko, in a release received by Kontan.co.id, Thursday (23/12).
Since founding the Line Blockchain Lab, Line has published crypto asset Links. As well as operating the Bitmax Line Bitmax crypto asset exchange in Japan and Bitfront globally.
In addition, Linet operates a blockchain service development platform, the Line Blockchain Developers Platform. And the beta version of the NFT market on the Line Bitmax Wallet in Japan.
More than 1.3 million NFTs based on the Line blockchain have been published. Through various blockchain partners in areas such as IP, content and gaming.