In recent weeks, many stories have emerged about $OPUL token launches, betting possibilities and Lil Pump & Soulja Boy’s music NFT sales.Opulous has been busy developing its platform. It’s even more excited to share news of a major partnership. opulous will be working with LINE Tech Plus to develop NFT products and expand its reach in the Asian market.
What does LINE stand for?
LINE is based in Tokyo, Japan.LINE’s first messaging app was released in 2011. It has surpassed all other methods of communication as the preferred method of communication in Japan, Thailand and Taiwan. About 188 million people currently use the app.
The WeChat platform in China has evolved into an entertainment, social, banking, news and music streaming platform similar to the LINE platform. In Japan, one of the main reasons for the increase in the number of subscribers to music streaming services is Line Music’s streaming service.
User-friendly digital assets and NFT items can now be managed and traded on the NFT marketplace, launched by Japan’s LINE BITMAX wallet.
By the end of March 2021, LINE merged with Z Holdings Ltd. which is one of Japan’s leading Internet service providers and a joint venture of SoftBank-Naver Inc.
Increasing the market for NFT products
Developing NFT merchandise is the main goal of the strategic alliance with LINE.Opulous talked about how their music NFT will be integrated with LINE’s NFT marketplace in the future. In addition to this, LINE Tech Plus will assist them in developing blockchain-based services that will be built primarily on the LINE blockchain development framework.
Woosuk Kim, CEO of LINE Tech Plus, released a statement saying that they are excited to offer music lovers unique NFT merchandise through Opulous’ music NFT service and their own blockchain technology. The first results of this collaboration with LINE will be made public next year.