LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the NFT ecosystem, announced that it has “opened the beta version of the global NFT platform DOSI, available in 9 languages and in 180 countries.”
Named after the Korean word for “city”, DOSI is an NFT platform “designed to be a virtual metropolis for creators, companies and fandoms around the world.”
LINE NEXT focuses on “delivering practical value on DOSI through usability and services.”
Companies and brands can “receive NFT production and marketing support to easily set up their own brand stores on ‘DOSI Store’ and sell brand-related NFTs, as well as operate community and membership programs.”
To use DOSI, users can “sign up for a DOSI Wallet and log in using all sorts of social media accounts, including LINE, Facebook, and Google.”
DOSI Wallet “offers a range of user-friendly payment methods, including credit cards and mobile payment services like Naver Pay (in Korea), all without any commission fees for minting NFTs (cryptocurrencies are scheduled to be added as a payment option soon).”
Once a user creates a DOSI Wallet, they will be “given a unique PFP (profile photo) NFT which is used for DOSI Citizen, an NFT-based membership program.” Being a DOSI Citizen “provides an opportunity for users to grow together in the DOSI ecosystem as contributors.”
With the launch of DOSI, Hellbound has “started selling an NFT collection on their DOSI Store.”
Hellbound, based on the No. 1 webtoon series, is “selling 500 NFTs for 96 hours starting from September 14 at 8 p.m. (Korea time), and will showcase 4,444 NFTs inspired by the Hellbound universe.”
Users can also “buy unique NFTs with different rarity rankings. Furthermore, Hellbound offers a membership program featuring new contents.”
NOW. Drops, “an NFT service that captures moments from artists’ performances, carried out is first free airdrop event featuring NFTs of girl group NMIXX from JYP Entertainment on fandom based NFT service called ‘AVA’ and will start NFT sales in mid-September.”
In addition, CJ ENM’s DIA TV, virtual influencer APOKI and AlphaCrewz — which offers high-definition avatars for use in LINE’s coming metaverse ecosystem — “all plan to open an NFT collection.”
LINE NEXT plans “to introduce many more NFT collections by the end of the year to provide a range of popular NFT contents.” Details can be “found on each company’s DOSI Store site (https://dosi.world).”
Youngsu Ko, CEO of LINE NEXT, said:
“With DOSI, now anyone can buy all sorts of NFTs featuring whatever type of content they enjoy within minutes. DOSI is a unique gateway to connect NFTs and users, and as it grows, we think it’s going to become a significant player in expanding the Web3 ecosystem.”
More than 30,000 users “participated in a quiz event held on the DOSI teaser site in August, earning them unique DOSI Citizen NFTs.”
Additionally, around 50,000 users “pre-registered on DOSI Wallet, demonstrating the major interest that people around the world have in DOSI.”
Based in United States, LINE NEXT Inc. is “focused on growing the global NFT business.” Through blockchain and NFT technology, LINE NEXT aims “to provide new digital experiences and lead the way into the future.”