Japanese messaging app Line has debuted a new NFT platform called DOSI, which allows users to purchase and sell NFTs internationally via the C2C trading service. Users may easily buy or trade NFTs by connecting the DOSI wallet to MetaMask, a cryptocurrency wallet for Ethereum. Users can trade NFTs using Ethereum, credit cards, Naver Pay, and other payment methods.
LineNext also intends to expand the number of its crypto assets and mobile payment options. Users of the DOSI citizen membership service can earn DON, or membership points, by participating in NFT community events or purchasing NFTs.
"We are determined to create a new kind of NFT experience for users," said the chief executive officer of LineNext, Youngsu Ko. "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."
Consumer-to-Consumer NFT Marketplaces
Line Launches a C2C NFT Marketplace on Its Platform DOSI
Trend Themes
1. C2C NFT Trading - Creating NFT marketplaces that facilitate consumer-to-consumer trading has the potential to disrupt the traditional art market and establish new forms of digital ownership.
2. Mobile Crypto Wallets - Developing mobile wallets that integrate with established payment methods can enhance accessibility and trust in the cryptomarket.
3. Community-based NFT Rewards - Providing incentives for users to participate in NFT community events and rewarding active engagement can foster community growth and loyalty.
Industry Implications
1. Technology - Continual innovation in NFT marketplaces and payment technologies can lead to new market growth and user adoption.
2. Art - Establishing NFTs as a legitimate form of digital ownership can revolutionize the art market and provide new revenue streams for artists.
3. Finance - The integration of cryptocurrencies into established payment methods requires collaboration between traditional finance and fintech industries.