Many stories on the $OPUL token listing, staking possibilities, and the sale of Lil Pump & Soulja Boy’s Music NFT appeared in recent weeks. Opulous has been busy developing its platform. It was more than excited to share the news of a significant collaboration. Opulous will collaborate with LINE Tech Plus to develop NFT products and expand its presence in Asian markets.
What does LINE stand for?
The headquarters of LINE Corporation is located in Tokyo, Japan. LINE’s first messaging app was released in 2011. It has surpassed all others as the preferred method of communication in Japan, Thailand, and Taiwan. About 188 million people currently use the app.
China’s WeChat platform has evolved into an entertainment, social, banking, news, and music streaming platform similar to the LINE platform. One of the primary reasons for an increase in the number of users who subscribe to music streaming services in Japan is Line Music’s streaming service.
User-friendly digital assets and NFT items can now be managed and traded on the NFT market, introduced by the LINE BITMAX Wallet in Japan.
By the end of March 2021, LINE merged with the Z Holdings Corporation. It is one of Japan’s leading internet service providers and a SoftBank-Naver Corporation joint venture.
Increasing the Market for NFT Products
The development of NFT goods is the primary goal of this strategic alliance with LINE. Opulous talked about how their Music NFTs could be integrated with LINE’s NFT Market in the future. Apart from that, LINE Tech Plus will assist them in developing blockchain-based services, which will be mainly built on the LINE Blockchain Development framework.
Woosuk Kim, the LINE Tech Plus CEO, released a statement saying they were excited to provide music enthusiasts with unique NFT goods with Opulous’ Music NFT services and their own blockchain technology. The first outcomes of this collaboration with LINE will be made public next year.