Crypto 24X7 News Hubb
Advertisement
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us
No Result
View All Result
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us
No Result
View All Result
Crypto 24X7 News Hubb
No Result
View All Result
Home Bitcoin

“Move-and-earn” app STEPN to utilize LINE Blockchain in Japan

admin by admin
January 15, 2023
in Bitcoin


LINE, the Japanese corporation specializing in mobile technologies, announced today that LINE Xenesis and Find Satoshi recently concluded an MOU aiming to utilize LINE Blockchain in the localization of STEPN for the Japanese market.

STEPN is a “move-and-earn” blockchain game that lets players earn crypto assets equivalent to the number of steps they’ve taken. Since its beta release back in December 2021, its popularity as a fitness app has grown among people worried about their lack of exercise. As of July 15th, 2022, the app boasts 4.5 million global registered users, including 3 million MAU.

In April 2018, LINE established the LINE Blockchain Lab and has since pursued the development of dApps with blockchain along with research into P2P-network distributed systems and encryption technology. LINE Blockchain (LINE’s proprietary blockchain) was created and used to issue native crypto asset LINK.

The entire group is now developing and operating various blockchain-related businesses, including the crypto asset trading services LINE BITMAX (in Japan) and BITFRONT (globally) as well as a comprehensive NFT marketplace called LINE NFT.

“We’re very pleased to be able to cooperate with STEPN, which is very popular in Japan as well as a representative example of web3 in the world. As LINE’s proprietary blockchain, LINE Blockchain serves as the technological foundation for LINE’s various services. With this collaboration across international borders, we hope to create new synergy and continue to offer new blockchain value from a position that is closest to our users.”
–  Lim Inkyu, LINE Xenesis’ Representative Director & CEO

Moving forward, both companies will collaborate on the technological and business aspects of localizing STEPN for the Japanese market while seeking to create a service that lets Japanese users simply and enjoyably experience web3 as part of their healthy lifestyles.

“We at STEPN are excited about this opportunity to partner with LINE Blockchain. We believe this collaboration with LINE blockchain will help us better engage with the users of LINE in a web3 way, and in return help LINE promote a healthy lifestyle and carbon offsetting / environmental friendly initiatives to its users all over the world. We appreciate the progress of LINE blockchain as an avant garde in the enterprise blockchain space. Japan, one of the largest consumer markets of LINE, is also one of the most important markets of STEPN. We plan to continue to have more engagements in this market and hope to offer more exciting opportunities to our Japanese users.”
– Yawn Rong, STEPN Co-Founder



Source link

Previous Post

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News

Next Post

Bitcoin Weekend Run Breaches $20,000 Mark And Dominates The Altcoins

Next Post

Bitcoin Weekend Run Breaches $20,000 Mark And Dominates The Altcoins

Recommended

The Central African Republic Appoints a Committee to Design Crypto Legislation

January 24, 2023

Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder – Market Updates Bitcoin News

November 28, 2022

Don't miss it

Crypto Currency

Bitcoin Miner Stronghold Announces Agreement Changes with WhiteHawk Finance, Foundry

February 8, 2023
Ethereum

Bank of England thinks digital pound can co-exist with private stablecoins

February 8, 2023
Crypto Currency

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

February 8, 2023
Crypto Currency

SBF’s lawyers move to block release of bail guarantors’ identities

February 8, 2023
Bitcoin

Investment Manager Predicts Gold Could Hit $3,000 This Year – Markets and Prices Bitcoin News

February 7, 2023
Crypto Mining

In 2022, North Korean Hackers Stole Billions Worth of Crypto

February 7, 2023

© 2022 Crypto 24X7 News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us

© 2022 Crypto 24X7 News Hubb All rights reserved.