LINE Next: LINE's Blockchain and NFT Subsidiary Explained

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"Could you soon buy NFTs directly on LINE? With 21 million active users in Taiwan alone, LINE has evolved far beyond a messaging app—it's now a comprehensive lifestyle platform encompassing communications, entertainment, news, shopping, transportation, and payment systems."

LINE's Blockchain Journey

LINE has been actively developing blockchain solutions since establishing its Blockchain Lab in April 2018. Key developments include:

The platform enables users to:
👉 Manage multiple digital assets through a single wallet

Introducing LINE Next

Established in December 2021, LINE Next represents LINE's strategic expansion into blockchain and NFTs. This subsidiary operates from the U.S. and South Korea with three primary goals:

  1. Develop user-friendly NFT trading platforms
  2. Support global enterprises and creators in building NFT markets
  3. Foster community-driven ecosystems for creators and collectors

Key Partnerships

LINE Next collaborates with 26 industry leaders including:

These partnerships leverage popular IPs to create culturally relevant NFT projects while supporting familiar payment methods.

DOSI: The Global NFT Marketplace

Unveiled at LINE's 2022 Developer Conference, DOSI offers:

FeatureDescription
DOSI StoreTemplates/APIs for quick NFT minting and brand stores
DOSI WalletSupports credit cards, e-payments, and cryptocurrencies
DOSI SupportTechnical/marketing assistance for enterprise users

The platform currently:

Web 3.0 Strategy

LINE's roadmap includes:

The Token Economy Advantage

LINE Blockchain Developers enables:

  1. Custom token economies through developer console
  2. Tokenization of tangible/intangible assets
  3. Secure blockchain asset management
  4. API integration without smart contract expertise
  5. Full blockchain network control
  6. LINE account integration

LINE's Evolution: From Messaging to Digital Lifestyle

The company has transformed from a messaging service to a 24/7 smart living platform through:

2014: LINE Pay launch
2018: Blockchain and cryptocurrency introduction
2020: Crypto exchange establishment
2021: LINE Bank launches in Taiwan/Indonesia

This ecosystem now spans news, payments, entertainment, and shopping—all potentially connected through blockchain technology.

FAQ

Q: Can I currently buy NFTs on LINE?
A: While not yet available directly in the app, LINE's DOSI marketplace enables NFT transactions through integrated wallets.

Q: What makes LINE's blockchain different?
A: Its seamless integration with existing LINE services lowers entry barriers for average users unfamiliar with crypto.

Q: Which cryptocurrencies does DOSI support?
A: Ethereum, Bitcoin, LINK, plus traditional payment methods like credit cards and LINE Pay.

Q: How does LINE benefit from blockchain?
A: Blockchain extends its ecosystem into Web 3.0 while enhancing financial services and digital asset management.

👉 Explore blockchain's potential in everyday applications through LINE's innovative approach.