Sciencelovers - Japanese online retail giant, Rakuten, has finally launched an NFT marketplace after a long dive in the crypto industry. Ha...
Having been diving into the crypto industry since 2019, Rakuten has finally expanded its ecosystem by providing a place for users to trade non-fungible (NFT) tokens.
Rakuten and its NFT Marketplace
Called Rakuten NFT, this marketplace is the first sign of the retail giant's serious effort to dive deeper into this non-exchangeable asset.
"Rakuten NFT is a service that provides a marketplace for users to buy NFT, as well as peer-to-peer NFT buying and selling, in areas such as sports and entertainment, including music and anime," said Rakuten's press announcement. (28/2/2022).
Being a unique one-stop platform, Rakuten NFT can also allow IP holders to build their own websites to publish and sell NFTs.
Of course, this marketplace will be combined with several distinctive features of Rakuten, one of which is the point system. Likely, the point system in question will be able to be used to give discounts on asset purchases on the platform.
The retail giant noted that the minting and selling features on the platform won't be available until next year.
“The service for publishing and selling peer-to-peer NFT content is planned for launch in 2023 or later, which will support IP holders in Japan and around the world to publish NFT, as well as spur further development of the global market for NFT. The package also requires the introduction of an additional variety of payment methods,” said a Rakuten spokesperson.
As we know, Japan is a country that is rich in visual works such as manga, which could enliven the NFT market in Rakuten in the future.
"Rakuten NFT also plans to produce and sell the J.League NFT Collection Player Songs, the official NFT collection of the J.League," said Rakuten's official announcement.
Of course, this is a big step into the NFT sector from a player of the class of Rakuten, who is already unquestionably popular in Japan. This will further strengthen the NFT era in the future. Lets watch.
