- Users have to connect the DOSI wallet to Metamask to start buying and selling NFTs.
- Last year, Line revealed plans to launch an NFT marketplace in 2022.
- DOSI has users from 149 countries and more than 100,000 wallets issued.
LineNext, the NFT arm of Japanese messaging app, Line, today announced that it has launched a consumer-to-consumer (C2C) digital collectible marketplace on NFT platform, DOSI.
Last year, Line revealed plans to launch an NFT marketplace in 2022, giving individuals platform to buy and sell NFTs. On DOSI, users can trade NFTs with just a few clicks. To start a C2C trade, users have to connect the DOSI wallet to Metamask to start buying and selling NFTs.
To simplify the purchase process, DOSI allows users to pay with Ethereum, credit cards, Naver Pay and more when trading NFTs. LineNext claims that DOSI has users from 149 countries, more than 100,000 DOSI Wallets with 170,000 membership NFTs issued since its beta launch in September. It plans to add more crypto assets and mobile payment services for each country.
DOSI is available in various languages, including English, Korean, Japanese, Chinese, Bahasa, Spanish and Thai. The platform also has a “citizen membership” service that allows users to acquire membership points called DON by inviting friends to DOSI and collecting daily login points.
LineNext has released a number of NFT projects in partnership with companies including South Korean entertainment and retail company CJ ENM and its parent company Naver. The company plans to launch more NFT projects in the future.
“We are determined to create a new kind of NFT experience for users,” said the chief executive officer of LineNext, Youngsu Ko, in a statement. “It’s not just an investment or a new kind of technology. For us, DOSI is about making NFTs fund and easy to use, creating benefits for our users and building communities.”
LineNext, which has offices in the U.S. and South Korea, told TechCrunch last year that its primary source of revenue will come from transaction brokerage fees.
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