The Japanese messaging application, LINE Corporation announced on Twitter the launch of a non-fungible token (NFT) marketplace by April 13, 2022. The software giant has decided to dedicate a venture to developing and expanding the global NFT ecosystem, called LINE NEXT. #LINENEXT is launching a series of global #NFT partnerships, teaming with leading gaming, entertainment, art and service companies. The partnerships will develop NFTs based on famous IP and artists on #LINE NEXT's #globalNFT platform #DOSI. Learn more:https://t.co/l0k5UmUyVo pic.twitter.com/kAN2E8Yw4b — LINE Global (@LINE_Global) March 16, 2022 Multiple Partnerships to Create NFT Earlier this month, LINE NEXT announced the formation of 26 partnerships with a range of leading companies on their official website. The partnership involves SoftBank, NAVER, LINE Taiwan Ltd., NAVER Z, Crypto.com, CJ ENM, YG PLUS, Hashed, SHINSEGAE, AI Network, J&John, Mythical Games, WOW POINT, LINE Games, and many more. The CEO of LINE NEXT, Youngsu Ko stated that the combination of LINE’s infrastructure and blockchain will create a quality NFT ecosystem. “These partnerships are the start of many more to come in accelerating the global NFT ecosystem.” Objective and Strategy of LINE NEXT The many partnerships of LINE NEXT aim to create NFTs on the basis of popular content, iconic work of renowned artists, entertainment, webtoons, art, gaming, etc. LINE NEXT aims to expand the NFT ecosystem and establish the NFT value chain, globally. The corporation enables users to purchase and sell NFTs with family payment modes. Alongside minting NFT collectibles, LINE NEXT plans to build marketplaces and support trading through their upcoming global NFT platform, DOSI. The NFT platform aims to support companies and creators alike in creating marketplaces, communities, and ecosystems to purchase and trade NFTs.
CHICAGO — The 1937 Group, Ltd., a Chicago-based company, has entered into a definitive agreement to establish the first minority-owned vertically integrated cannabis company in Illinois. The agreement gives The 1937 […]
If you want to be a part of the NFT space, then you should visit NFT marketplaces where you can trade NFTs ranging from music to art to assets of the virtual world. There are dozens of marketplaces and some marketplaces cater to specific sectors. What things should you look for in an NFT marketplace before picking which one to utilize and which are the top NFT marketplaces? This article covers top NFT marketplaces in detail. OpenSea OpenSea is the biggest decentralized peer-to-peer marketplace for buying, selling, and trading rare digital assets, such as gaming assets, collectibles, and art which runs on the Ethereum blockchain. In reality, OpenSea bills itself as the world’s largest marketplace for digital assets, claiming to have the best pricing on new NFTs and a wide choice of available NFTs in over 200 categories. Digital art, decentralized domain names, trading cards, virtual worlds, digital collectibles, sports NFTs, utility NFTs, you name it, all of these items can be traded on OpenSea. Cryptopunks, Axie Infinity, Gods Unchained, CryptoKitties, SuperRare, and other popular NFT projects use it as their primary platform. Rarible Rarible is a non-profit marketplace for selling single works of art and collections. Sports, gaming, media corporations, and artists launching collections of work are attracted to Rarible due to its decentralized nature. It is a community-owned platform that encourages decentralization. It has its token, RARI, and the platform’s users get to vote on any platform changes and participate in governance. For example, Adobe has worked with Rarible to secure artists’ work and develop unique NFTs. Rarible uses Flow, Tezos, and Ethereum. You may choose which token to use when you mint your NFT, and you can share your search options with OpenSea. The topic of which blockchain to use is intriguing. The most popular blockchain for NFT minting is Ethereum, although it has a significant carbon footprint and hefty gas prices. Tezos has modest gas expenses (about $0.50). However, it’s aimed towards artists releasing compilations. Flow uses lazy minting, which means creators pay almost no fees, and it’s a proof-of-stake blockchain, meaning it has a much lighter carbon footprint than Ethereum. Nifty Gateway Nifty Gateway has helped some of the most well-known digital artists, including Beeple and singer/musician Grimes, sell their music. It’s a cryptocurrency exchange-backed art curation platform (controlled by the Winklevoss twins). The NFTs, sometimes known as Nifties, are Ethereum-based. Nifty Gateway hosts any NFTs purchased, which means the NFTs aren’t held in your wallet but rather on Nifty Gateway’s servers. NFT collectors may not like this feature, who like more flexibility while investing in art. Purchases on Nifty Gateway can also be done in fiat currency(e.g., US dollars) without the need of purchasing cryptocurrency. Super Rare The Super Rare platform gives more of a gallery feel to the NFT space. It’s an NFT marketplace that prioritizes artistic intent and credibility above meme-friendly art. You won’t find any celebrity NFTs in SuperRare. It is said to accept only 1% of all applicants, which may sound snobbish, but if you are selected, you will be included in a catalogue of well-curated and intriguing artworks. SuperRare has the atmosphere of a high-end gallery, which is heightened by a rule that allows its artists to mint one of their originals — no Editions here. This indicates that the pieces are more scarce and so rare, as the term implies. It is one of the top NFT marketplaces for serious art and artists, which is incredibly uncommon in the NFT space. Top Shot The NBA and the Women’s National Basketball Association have teamed with NBA Top Shot, a fan-driven marketplace, to sell collectible moments and art based on the world’s most famous NBA sport and women’s basketball league. Go to the fastest-growing marketplace instead of going to Amazon for your next sports present. Firstly, you need to create an account with the NBA’s Top Shot to purchase an NFT. Top Shot is a closed marketplace that only allows you to buy and sell things on their site, and it was built on the Flow Blockchain by Dapper Labs. Some memorabilia can be purchased for as little as a few dollars. Magic Eden Magic Eden is a Solana blockchain-based decentralized application. The blockchain allows users to generate and manage non-fungible tokens. NFTs can be used for various things, such as digital collectibles, game assets, and more. The following are some of the desirable characteristics of Magic Eden: Launchpad: This capability is exclusive to Magic Eden and allows users to construct NFTs in minutes without using any other software. The platform now only accepts a small number of projects; however, this is likely to change. Future Launches: Rather than wasting time looking for your favourite creator’s next NFT drop, Magic Eden provides a curated list of upcoming launches so you … Continued
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