Giant Japanese Crypto Players and NFT New Moves – News Sept 1

Some of the most important crypto gamers in Japan are getting ready for brand spanking new steps in NFT and blockchain – Rakuten, Line and Coincheck are getting ready new initiatives.

Rakuten and new strikes over NFT

Rakuten, which operates one of many largest e-commerce platforms within the nation, in addition to an e-payment service, a cryptocurrency alternate and a content material streaming platform, has introduced that it’s going to launch the NFT division subsequent yr. In a press launch, the corporate introduced that the brand new arm, referred to as Rakuten NFT, will hit the market in spring 2022 and will give attention to sports activities and leisure providers.

The firm has a number of sports-related areas. It sponsors knowledgeable soccer group in Japanese leagues and is the present shirt sponsor of the European heavyweight soccer league FC Barcelona. It additionally operates various leisure providers, together with the video-on-demand platform Rakuten TV.

The firm mentioned its new line of enterprise would mix “the NFT marketplace” with a “sales platform” and promise “intellectual property owners” the flexibility to “issue and distribute NFTs on the platform” with out having to develop their very own expertise. ”

The firm added that it’s going to enable its prospects to buy NFTs utilizing Rakuten Loyalty Points.

Rakuten can be on the lookout for crypto expertise: A LinkedIn job posting a couple of weeks in the past indicated that the corporate was trying to appoint new members to its blockchain lab in Tokyo, and wrote that it was on the lookout for candidates who had been “strong in both the market and are interested in the technology ”. of blockchain and cryptocurrencies. ”

Line and new strikes on NFT

The chat app Line, which is utilized by round 84 million smartphone customers in Japan, additionally not too long ago printed a job advert stating that it wish to be a part of its blockchain group.

Line wrote that it’s on the lookout for “middle” builders additionally primarily based in Tokyo to work on Line’s blockchain mainnet, sensible contract infrastructure, consensus algorithms and Line’s token financial system plans. The firm, which operates nationwide and worldwide cryptocurrency exchanges in addition to its personal affiliated crypto consortium (LN), has additionally penetrated the NFT world. On Tuesday, they introduced that they’d be launching an NFT together with their in style emoji collection, Line Friends.

The firm was based by South Korean tech big Naver and not too long ago merged with Yahoo Japan underneath SoftBank.

Coincheck and NFT removals by the Monex Group

Meanwhile, one in all Japan’s largest cryptocurrency exchanges – Coincheck by Monex Group – has introduced it is going to be getting into into an NFT relationship with style manufacturers. According to Nikkei, the corporate might be working with Tomo Koizumi on various new NFT releases. Koizumi has designed well-known costumes for Lady Gaga. The designer additionally created the costume that Japanese singer Misia wore on the 2020 Tokyo Olympics opening ceremony through the efficiency of the Japanese nationwide anthem.

Coincheck not too long ago introduced its personal NFT market – with a plethora of corporations now struggling to supply trading platforms for J-Pop, Manga, Anime, TV-related “cultural content” and sports activities.

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