<p>LINE NEXT, the NFT business arm of Tokyo-based Internet giant LINE Corporation, has officially launched DOSI, a digital commerce platform that allows the trading of digital products like collectible NFTs, according to an <a href="https://medium.com/&#64;DOSI_official/dosi-launching-en-57cff13ae65c" rel="noopener noreferrer nofollow">official announcement</a> on Wednesday (KST). During its beta period that started in September last year, DOSI was able to attract some 5.5 million users worldwide in more than 180 countries who conducted over 560,000 cumulative transactions.</p><h2 id="header-0">Digital products for everyone</h2><p>The company revealed plans to add more than 20 million digital products from over 150 brands including special app memberships, in-game items that are directly verified by game developers, and digital tickets to entertainment performances. There will also be limited-edition products like LINE stamps, digital art and special video playback rights.</p><p>Products from popular Japanese brands such as Japan Airlines and CryptoNinja Partners – a 22,222-piece NFT collection – will be available on the service during this month as part of a merging with Line NFT, a comprehensive marketplace for NFTs that has been operating in Japan for a while.</p><p>By March, the company will also sell app membership products from more than 20 promising startups, including content community-based social media platform SuperPlat, stock investment platform Quantrack, AI-based music platform inDJ and K-pop fandom community service FL DA.</p><h2 id="header-1">Exclusive membership</h2><p>In particular, DOSI also has a special membership called “DOSI Citizen,” which offers points called DON that can be earned by checking app attendance, purchasing products and playing mini-games. DON can be traded for Citizen Items or used to participate in events for a chance to win crypto rewards.</p><p>Users can easily sign up and log in using their social media accounts and purchase digital products with simple payment methods such as Line Pay, Naver Pay, Apple Pay and Google Pay. Payments can also be made with the digital assets Finsia (FNSA) and Ethereum (ETH).</p><h2 id="header-2">Investment boost</h2><p>Last year, LINE NEXT made headlines for <a href="https://coinness.com/en/news/2419" rel="noopener noreferrer nofollow">securing the largest investment</a> made in the Asian Web3 industry worth $140 million from a consortium led by Seoul-based private equity firm Crescendo Equity Partners. At the time, the company had divulged that it would use part of the funds to launch DOSI.</p>

LINE NEXT launches digital commerce platform DOSI

Table of Contents

CoinNess Global

Other articles published on Jan 11, 2024

Where Next For Tron (TRX)? 'RWA' Crypto Everlodge Surges 190%

Circle Internet Financial Makes Waves with Official IPO Filing in the U.S. But Why Are They Keepi...

Bitcoin (BTC) Price Collapses. Is ETF Hype Over?

Genesis Token Holders Receive Subdomains in SAGA Mobile

Bitcoin Price Gradually Surpasses Its Original Target Of $48,000

Bitcoin: Assessing BTC’s Open Interest trend amid ETF buzz

Join our free newsletter for daily crypto updates!