China Mobile launches LinkNFT marketplace in Hong Kong, as LINE NEXT Corp secures $140M

China Mobile, the largest mobile network operator in China, has announced the launch of LinkNFT, a new NFT marketplace in Hong Kong. LinkNFT is a groundbreaking platform that aims to connect artists, collectors, and fans of digital art and culture.

LinkNFT allows users to create, buy, sell, and trade NFTs, or non-fungible tokens, which are unique digital assets that represent ownership of various forms of online content. LinkNFT also offers a range of features and services to enhance the user experience, such as:

• A user-friendly interface that supports both web and mobile access
• A secure and transparent blockchain infrastructure that ensures the authenticity and provenance of NFTs
• A curated selection of high-quality NFTs from various categories, such as art, music, gaming, sports, and entertainment
• A social network that enables users to interact with other NFT enthusiasts, discover new content, and share their collections
• A loyalty program that rewards users for their participation and contribution to the platform

LinkNFT is the first NFT marketplace in Hong Kong that is backed by a leading telecommunications company. China Mobile hopes to leverage its expertise and resources to promote the development and adoption of NFTs in the region and beyond. China Mobile also plans to collaborate with local and international partners to create exclusive and innovative NFT projects for LinkNFT users.

LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction, and circulation of digital assets across various scenarios such as SocialFi, DeFi, and GameFi. Currently integrated with CMChain, LinkNFT is Web3.0 compatible through CMChain’s three-in-one cross-chain standard components: the CMChain Web3.0 Center cross-chain service agreement, cross-chain adapter, and cross-chain smart contract association chain.

Besides, Hong Kong residents can conveniently manage digital assets on their personal chain, including Ethereum digital assets like Opensea, using MyLink’s exclusive digital wallet “LinKey.”

China Mobile Hong Kong (CMHK) has collaborated across diverse sectors to pioneer the release of over 30 NFTs on LinkNFT. This collection also comprises 20 commemorative NFTs from the MyLink ArLink series, along with 15 NFTs from entities such as United Publishing House and Migu Music.

In this vein, MyLink has introduced LinkNFT, leveraging multiple technical standards of Web3.0 to forge a new business model centered around data elements for the Hong Kong business community. Enterprises can utilize the diverse NFTs launched to offer novel consumer rights to users, enhancing the overall user experience through the obtained NFTs.

LinkNFT is now open for registration and will officially launch in January 2024. Users who sign up before the launch date will receive a free welcome gift of 10 Link Coins, the native token of LinkNFT that can be used to purchase NFTs on the platform. Users can also earn more Link Coins by inviting their friends to join LinkNFT.

LinkNFT is a revolutionary platform that offers a new way to enjoy and appreciate digital art and culture. Whether you are an artist, a collector, or a fan, LinkNFT is the place for you to explore the exciting world of NFTs.

LINE NEXT Corp secures $140 million in funding, gearing up for global Web3 expansion

LINE NEXT Corp, a leading Web3 platform provider, announced that it has raised $140 million in a Series B funding round led by Sequoia Capital and joined by other prominent investors such as Andreessen Horowitz, Coinbase Ventures and Binance Labs. The funding will be used to accelerate the development and adoption of its decentralized applications (dApps) and protocols, as well as to expand its global presence and partnerships.

LINE NEXT Corp is a subsidiary of LINE Corporation, the operator of the popular messaging and social media app LINE, which has over 200 million monthly active users worldwide. LINE NEXT Corp leverages the expertise and user base of LINE to create innovative Web3 solutions that empower users to own and control their digital assets and identities, as well as to participate in the governance and economy of the decentralized web.

Some of the flagship products of LINE NEXT Corp include:

• LINE Blockchain, a public blockchain platform that supports various dApps and protocols, such as DeFi, NFTs, gaming and social media. LINE Blockchain also offers a user-friendly wallet app that allows users to easily manage their crypto assets and access various dApps.

• LINK, a native token of LINE Blockchain that serves as a medium of exchange, a reward for network participants, and a governance tool for the ecosystem. LINK has a total supply of 1 billion tokens, of which 800 million are allocated for user rewards and 200 million are reserved for the company.

• BITMAX, a licensed cryptocurrency exchange that offers trading services for various digital assets, including LINK, Bitcoin, Ethereum and other popular tokens. BITMAX is integrated with the LINE app, enabling users to seamlessly trade crypto within the app.

• Wizball, a knowledge-sharing platform that rewards users for creating and consuming high-quality content. Wizball uses blockchain technology to ensure the credibility and transparency of the content, as well as to distribute rewards to the content creators and curators.

• TAPAS, a decentralized protocol that enables users to create and join communities based on their interests and preferences. TAPAS allows users to interact with each other through various features, such as chat, voice call, video call, live streaming and tipping. TAPAS also supports NFT creation and trading within the communities.

With the new funding, LINE NEXT Corp plans to further enhance its existing products and services, as well as to launch new ones that will enrich the Web3 ecosystem. The company also aims to grow its global footprint by establishing strategic partnerships with other Web3 players and expanding into new markets.

“We are thrilled to have the support of such prestigious investors who share our vision of building a more open, inclusive and democratic web,” said Jungho Shin, CEO of LINE NEXT Corp. “We believe that Web3 is the future of the internet, where users can enjoy more freedom, privacy and value creation. We are committed to delivering innovative Web3 solutions that will benefit our users and society at large.”