The Finschia site now displays limited information, and Finschia-related pages are no longer available due to the introduction of the new KAIA token and Kaia mainnet. For FNSA to KAIA swapping, please use the <a href="https://portal.kaia.io/">Kaia Portal</a> and visit <a href="http://kaia.io/">Kaia</a> for detailed announcements.

<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1712817008711.png?updatedAt=1712817009000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;
Greetings from the Finschia Foundation.
&nbsp;
We're having the most exciting time working on various tasks to integrate and unify our identity with the Klaytn Foundation. Our goal is to combine our strengths and speed up the adoption of blockchain technology. We'll be unveiling our new integrated brand on April 30, 2024, and hosting an offline media event on the same day to share detailed updates on our progress and future plans as well! We'd love your interest and support as we take this big step with our new foundation.
&nbsp;
&gt;&gt;&nbsp;<a href="https://www.finschia.io/disclosure/detail/417/" class="external-link">Announcement on the new brand identity reveal: April 30, 2024</a>
&nbsp;
This month, we introduce V.L.O (Vestria the Last Order), the new RPG game from the DOSI Game - LINE NEXT's leading Web3 game team. V.L.O is a collection-based RPG game, and we believe it'll have a big impact on FNSA payments. Feel free to sneak into V.L.O and experience new level of gaming adventure.
&nbsp;
❖ Please note that V.L.O is not available in Korea, and we will not be holding any Korean marketing events or community promotions.

&nbsp;
<h1 id="id-24년3월-V.L.O(VestriatheLastOrder).1">V.L.O&nbsp;(Vestria the Last Order)</h1>
<figure class="image"><img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1712823028654.png?updatedAt=1712823029000" width="1000" height="auto" alt="Visit V.L.O: http://vlo.nxtgame.net/" style="display: block; margin-left: auto; margin-right: auto;" />
<figcaption>Visit V.L.O: <a href="http://vlo.nxtgame.net/" rel="nofollow" class="external-link">http://vlo.nxtgame.net/</a></figcaption>
</figure>

&nbsp;

What kind of game is V.L.O?
V.L.O. is a RPG game where anyone can collect and control a diverse cast of characters, with 150 to choose from, including 90 heroic figures. With its captivating visuals and a wide range of character collections, it's perfect for RPG enthusiasts of all ages. Dive into thrilling adventures, challenge other players in PVP battles, and team up for epic raid quests!&nbsp;

&nbsp;
What are the key features of V.L.O. or what makes it different from other games?
V.L.O is a visually stunning RPG adventure where every hero has a captivating story. Players collect spirits, each with unique abilities, to craft their legendary knights using diverse strategies. Engage in thrilling PVP battles, from intense one-on-one duels to epic team skirmishes. You'd better join forces with friends and guildmates to conquer challenging raid quests and unlock untold treasures in the enchanting world of V.L.O.

&nbsp;
How does V.L.O. work with blockchain?
V.L.O introduces the V.L.O Profile Digital Item (PDI), a special item sold by DOSI. Each PDI comes with three to five unique abilities that enhance gameplay. When players purchase and use PDIs, they gain increased combat power in the game and these PDIs can be obtained through in-game raids.
&nbsp;
PDIs will be available for purchase on DOSI after the official launch using various payment methods, including FNSA (not supported for direct user-to-user transactions). Through the 'Sealing' function, in-game items can be converted into digital items and traded on DOSI marketplaces. This allows players to freely trade digital items using FNSA, and convert them back into in-game items using the 'UnSealing' function.&nbsp;

&nbsp;
Any messages to awaiting V.L.O players?&nbsp; 
We've been working hard to ensure that everyone eagerly awaiting V.L.O will have an amazing experience. We've got some exciting events lined up for those who pre-register <a href="https://vlo.nxtgame.net/" class="external-link" rel="nofollow">here</a>, so don't miss out and join us for pre-registration starting today (April 11, 2024).&nbsp;

&nbsp;
&nbsp;
<h1 id="2745" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">FNSA Overview</h1>
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&nbsp;
<h5 style="text-align: left;">❖&nbsp;Data is based on the last day of each month.</h5>

■ FNSA Market Cap: 275.16mn USD
■ FNSA Price: 35.80 USD
■ Circulation: 7,710,171.3 FNSA 
■ Monthly NFT Circulation: 356,077 NFTs 
■ Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, HTX, Coinone,&nbsp;BitMart, LBANK, Bitget
&nbsp;
&nbsp;
Follow Finschia on X and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
&nbsp;
&nbsp;
**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
&nbsp;
</div>
</div>

March 2024

Finschia Monthly Newsletter

■&nbsp;First Asian blockchain project to register with the Abu Dhabi Global Market (ADGM)
■&nbsp;Finschia recognized for its commitment to blockchain popularization and regulatory compliance
■&nbsp;Aims to collaborate with ADGM&rsquo;s authorities to develop successful foundation models
&nbsp;
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1710430831131.png?updatedAt=1710430832000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;
The Finschia DLT Foundation, chaired by Youngsu Ko, has been registered as a Distributed Ledger Technology (DLT) Foundation with the ADGM.
&nbsp;
First established in March 2023 by LINE Tech Plus, a blockchain subsidiary of LINE, the Finschia DLT Foundation is a foundation dedicated to developing sustainable token models in collaboration with global Web3 users. The Finschia DLT Foundation aims to accelerate expansion into global Web3 business initiatives.
&nbsp;
The Finschia DLT Foundation has registered as the first Asian blockchain project under the Distributed Ledger Technology (DLT) Foundations Regulations of ADGM. Additionally, the Finschia DLT Foundation is set to develop accessible Web3 services for global users in collaboration with various enterprises in Abu Dhabi, based on its public blockchain 'Finschia'.
&nbsp;
Youngsu Ko, Chairman of the Finschia DLT Foundation Council, stated, "ADGM is advancing as one of the most blockchain-friendly and leading digital asset regulatory environments globally. We anticipate significant progress through our collaboration with ADGM."
&nbsp;&nbsp;
The Finschia DLT Foundation is also focused on creating an open blockchain platform, designed for easy accessibility by partners and users from various sectors. In addition, they are actively working to expand the availability of their digital asset, 'FINSCHIA (FNSA),' across more exchanges, aiming to continually enhance its liquidity and usability.

# # #

&nbsp;

&nbsp;About Finschia DLT Foundation

The Finschia DLT Foundation is an independent non-profit organization, based in Abu Dhabi, UAE, established in March 2023 to expand public blockchain and Web3 technologies. Inheriting the philosophy of LINE Blockchain, &ldquo;Blockchain for All&rdquo;, the Foundation operates its third-generation public blockchain mainnet "Finschia" and crypto asset FINSCHIA (FNSA), and aims to achieve a sustainable token model with Web3 users around the world.

&nbsp;
About Abu Dhabi Global Market (ADGM)

Abu Dhabi Global Market (ADGM) is the international financial centre (IFC) of the capital city of the United Arab Emirates, which opened for business on 21st October 2015. ADGM augments Abu Dhabi&rsquo;s position as a leading financial centre and a business hub serving as a strategic link between the growing economies of the Middle East, Africa, South Asia, and the rest of the world.
&nbsp;
Operating within an international regulatory framework based on direct application of The English Common Law, ADGM governs the entirety of Al Maryah Island and Al Reem Island which are designated as the financial free zone of Abu Dhabi.
&nbsp;
ADGM is ranked as one of the most preferred top IFCs in the Middle East and Africa region and named MENA&rsquo;s largest Fintech hub. Its progressive and inclusive business ecosystem gravitates toward global financial and non-financial institutions while leveraging synergies between ADGM and multiple jurisdictions positioned as one of the world&rsquo;s most advanced, diverse, and progressively governed financial hubs.

Finschia Registers as a DLT Foundation with Abu Dhabi Global Market (ADGM)

<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1708056712488.png?updatedAt=1708056713000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;
On January 16th, the Finschia Foundation proposed the&nbsp;<a href="https://scan.blockchain.line.me/Finschia%20Mainnet/gov/23" class="external-link" rel="nofollow">[FGP-23]Finschia x Klaytn Mainnet Merge&nbsp;</a>governance proposal to the governance and community, outlining the mainnet merge plan with Klaytn. While the sudden proposal surprised many, it quickly gained attention through various media outlets and social media platforms, sparking significant interest from the public. For approximately a month, the foundation provided explanations of the merge proposal, leading to the vote on February 15th, which passed, marking a new leap forward with Klaytn.
&nbsp;
Thanks to the support of the community, we have been able to start launching the merged mainnet of Finschia and Klaytn, enabling us to establish Asia's leading Web3 governance. We sincerely appreciate your support. The Finschia Foundation will endeavor to meet your expectations jointly with the Klaytn Foundation.
&nbsp;
For additional information, including the Finschia x Klaytn mainnet merge plan, please refer to the link below:
&nbsp;
<ul>
<li><a href="https://medium.com/lineblockchain/fgp-23-finschia-x-klaytn-mainnet-merge-5c429e69d265" class="external-link" rel="nofollow">Initial Guidance on Finschia x Klaytn Mainnet Merge</a></li>
<li><a href="https://medium.com/lineblockchain/finschia-x-klaytn-chain-merge-proposal-addendum-e09cef0addca" class="external-link" rel="nofollow">Addendum for Finschia x Klaytn Mainnet Merge Proposal&nbsp;</a></li>
<li><a href="https://lin.ee/Tjcp2TL/bofu" class="external-link" rel="nofollow">Supplementary Documentation on Project Background and Effects (EN)</a></li>
<li><a href="https://medium.com/lineblockchain/fgp-23-approval-notice-for-the-merger-proposal-between-finsia-and-klaytn-ceee896a097e" class="external-link" rel="nofollow">Approval Notice for the Merger Proposal&nbsp;</a></li>
<li><a href="https://medium.com/lineblockchain/article-crafting-the-core-of-project-dragons-defi-ecosystem-dc615cb4ae47">[Article #1] Crafting the Core of Project Dragon&rsquo;s DeFi Ecosystem</a></li>
<li><a href="https://medium.com/lineblockchain/article-2-project-dragon-responding-to-institutional-demand-0acc37e9d980" class="external-link">[Article#2] Project Dragon: Responding to Institutional Demand</a></li>
</ul>
 ✥ Please note that the merge proposal is currently referred to as 'Project Dragon' and may be subject to change during the full-fledged merge process.
&nbsp;


<h1>Finschia &amp; Klaytn Merge Roadmap</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1708056764036.png?updatedAt=1708056764000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;
With the approval of the recent vote, both the Finschia and Klaytn foundations are set to move swiftly to realize the roadmap (image). Initially, the two foundations will establish a task force (TF) by the second quarter of this year to facilitate a chain merger and establish a unified foundation in Abu Dhabi. Subsequently, to ensure efficient operation, the foundations will establish a unified governance framework and transfer respective organizations and tasks to the integrated foundation. Additionally, the boards of directors will participate equally from both Finschia and Klaytn, jointly overseeing operations. Based on this, the two foundations aim to proceed with the Finschia &amp; Klaytn merge roadmap.
&nbsp;

<h1>Finschia Community Offline Meetup</h1>
<img src="https://pbs.twimg.com/media/GFuksFXbQAEsF2e?format=jpg&amp;name=medium" alt="Image" width="1000" height="auto" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;

Since the proposal of the Finschia x Klaytn mainnet merge, there have been many opportunities to engage with the Finschia community. Particularly, on February 6th, we hosted a Finschia Community Offline Meetup with FNSA holders at Lotte Hotel Jamsil. It was a valuable time spent with our holders, although we regretted not being able to accommodate more participants due to physical space limitations. To those who couldn't attend the meetup, we conclude this newsletter by sharing the key points mentioned by&nbsp;Woosuk Kim, a director of the Finschia Foundation.
&nbsp;

✥ The tone/manner and nuances of the content below have been preserved closely to the original content spoken by Woosuk at the meetup.
&nbsp;

<h2>&gt; Why Integration with Klaytn is Necessary Now</h2>
I believe the process of sifting through Layer 1 projects is intensifying.
&nbsp;

When we look at the top 15 projects, excluding Ethereum, over the past 6 to 18 months, we observe continuous fluctuations in rankings. Projects like Sui, Astar, and Aptos, which you may have heard of, are all experiencing the same trend. It's a market with significant volatility, where rankings can change rapidly within a short period. Thus far, I've considered it a market where creating any momentum can lead to substantial growth opportunities.
&nbsp;

However, if you ask, "Will this trend continue? Will it remain an opportunity-rich market two or three years from now?" I don't believe so. With the Bitcoin ETF approval serving as a catalyst, we anticipate an influx of more capital, leading to market maturation. As the market matures and the number of providers and users increases, the weeding out process will occur. We'll see the phenomenon where the top 1 or 2 positions become more dominant while the 3rd and 4th positions fade away. I believe similar trends will emerge in the blockchain Layer 1 market as well.
&nbsp;

<h2>&gt; Advancing Towards a Web2 &amp; Web3 Dual-Track Strategy Through Integration with Klaytn</h2>
When it comes to whether Finschia has been doing things wrong, I don't think so at all. Especially for those who have been supporting Finschia, you might know that there are many illusions in the on-chain metrics and a lot of wash trading going on. Things like Inscription aren't actually used in real life, but it's still a reality that market capitalization grows, becomes viral, and an economy of scale is created based on such metrics.
&nbsp;

Our strategy for mass adoption is necessary for the future. However, guaranteeing short-term growth through this strategy can be really difficult. Taking gaming as an example, starting this year, when trading items in various games, not only crypto game users but also many more general users are expected to join. However, the number of traders will be much lower, and the average revenue per user (ARPU) will also be much lower. The crypto market is currently a market where a thousand people trade 10 billion won or even 100 billion won, but it won't be the same for regular games or mass markets. The average ARPU for regular services is likely to be between 100,000 and 1 million KRW. Of course, there will be users trading high-priced items, but the reality is that the majority trade things averaging around 100,000 KRW. These users will be coming in large numbers. So, even if we succeed in mass adoption, there's uncertainty about how it will reflect in on-chain metrics.
&nbsp;

You might have thought about this at least once. "Even though LINE NEXT received 180 billion won in investment, onboarded SEGA, and announced cooperation with Naver before, why hasn't the price of FNSA changed?" I believe it's because we haven't been effectively creating and communicating narratives tailored to the crypto scene, leveraging on-chain metrics.
&nbsp;

So, our current strategy is essential for transcending the limitations of existing Layer 1 projects and achieving significant growth in the future. However, it's also true that it's uncertain how long it will take for this strategy to be recognized and whether it will guarantee short-term market capitalization or profit. From this perspective, I've been thinking a lot about how to formulate a Web3 crypto strategy since last year, regardless of this integration.
&nbsp;

We can internalize this on our own. I've thought about hiring more talented individuals or even entirely outsourcing operations, marketing, and strategy to well-known Web3 companies. However, it wasn't easy due to time constraints and various practical difficulties, and while continuing to search, including for responses to various market changes, we began to consider the integration with Klaytn.
&nbsp;

Klaytn has been solely focused on Web3. Although Klaytn had the backing of Kakao, it didn't invest as much as us in products from a mass adoption perspective. Klaytn hasn't been continuously discovering or releasing SDKs for companies like we have. So, they don't have many assets in this area. Instead, Klaytn has been focusing more on laying the foundation for crypto infrastructure as a public blockchain, onboarding experimental projects, and inscriptions. Thus, they possess more assets, know-how, and specialized organizations in the Web3 domain.
&nbsp;

I firmly believe that we can achieve greater growth in both the short and long term only by having both Web2 and Web3 aspects. I believe that integration can make this possible. Our strengths and advantages lie in models suitable for general Web2 companies or category-wide expansion and products for ordinary users, which have created a continued bias in this direction. Conversely, Klaytn has developed a bias towards the opposite side.
&nbsp;

Many teams, including Klaytn and other mainnets, are contemplating adopting the advantages and strategies that Finschia possesses. There are many considerations regarding products based on mass adoption perspectives or middleware. What's lacking in Finschia right now are Web3-native strategies, and even if we achieve results this year according to our existing strategy, I have concerns that due to these reasons, market capitalization may not increase. If that happens, I might just keep these concerns to myself and move on, but I don't think that's the right approach. I believe it's my role to develop momentum and strategies to overcome this.
&nbsp;

<h2>&gt; Background on Providing a New Integrated Mainnet with EVM and CosmWasm Compatibility</h2>
There's often the question of "Why bother integrating with Klaytn to implement EVM* when you can do it with CosmWasm*?" It's a valid question. Indeed, we've been researching and developing such solutions ourselves. There are already several solutions available. However, we believe that higher levels of compatibility than what currently exists are necessary. In the blockchain market, we anticipate that both CosmWasm and EVM will coexist, and there will continue to be demand for both technologies. With years of development experience on both sides, we believe that we have the expertise to integrate them more tightly, thus creating a clear competitive advantage.
&nbsp;
*CosmWasm: A platform that allows smart contracts to operate on blockchains built using the Cosmos SDK.
*EVM: Ethereum Virtual Machine, which executes code written for Ethereum.
&nbsp;

<h1 id="2745" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">FNSA Overview</h1>
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<h4>&nbsp;❖&nbsp;Data is based on the last day of each month.</h4>
&nbsp;

■ FNSA Market Cap: 196.24mn USD
■ FNSA Price: 25.98 USD
■ Circulation: 7,554,017.7 FNSA 
■ Monthly NFT Circulation: 232,025 
■ Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, HTX (Huobi Global), Coinone, BitMart, LBank, Bitget
&nbsp;
&nbsp;
Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
&nbsp;
&nbsp;
**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
&nbsp;
</div>
</div>

January 2024

■ By combining the technology and competitiveness of each blockchain network, merged entity will become Asia's largest Web3 governance
■ A joint task force to be launched to establish an integrated foundation and mainnet
■ The merged blockchain will be compatible with both Ethereum and Cosmos, with the new native coin featuring sustainable tokenomics 
&nbsp;

<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1707972639579.jpg?updatedAt=1707972641000" width="1000" height="auto" alt="" />

&nbsp;
ABU DHABI, United Arab Emirates &ndash; February 15, 2024 &ndash; The Finschia Foundation, the Abu Dhabi-based foundation that is the independent successor to LINE Blockchain&rsquo;s mainnet and digital asset operations, announced today that its joint network merger proposal with Klaytn Foundation, operator of South Korea&rsquo;s leading Layer 1 blockchain Klaytn, successfully passed in voting by the two bodies&rsquo; governance members. Accordingly, the two foundations will jointly launch an integrated mainnet to establish Asia's largest Web3 ecostytem.

&nbsp;
The proposal aims to create Asia&rsquo;s leading blockchain network based on superior blockchain technology, services, and business know-how. The proposal was submitted and voted by each foundation&rsquo;s governance members. As a result, there was 95% who said yes from Finschia and 90% who said yes from Klaytn, passing the proposal with overwhelming vote in favour. The merged network will have approximately 420 DApps and more than 45 governance member partners, spurring the popularization of Web3 as Asia's largest blockchain ecosystem.
&nbsp;
Following the passage of the proposal, the two foundations will set up a joint task force team to merge the chains and establish an integrated foundation in Abu Dhabi by the second quarter of this year. Team members from both foundations will be transferred to this new integrated foundation, which will be led by a board comprising an equal number of directors from each foundation.
&nbsp;
The new blockchain will combine the best of Finschia&rsquo;s and Klaytn&rsquo;s technologies, and will be compatible with both EVM and CosmWasm, enhancing interoperability between the broader Ethereum and Cosmos ecosystems. KLAY and FNSA, the native coins of the two blockchains, will also be replaced by a new native coin with all-new tokenomics and all uncirculated coins will be burned.
&nbsp;
To increase the transparency of operations, the merged chain will increase the governance delegation and participation from the community as well. &nbsp;
&nbsp;
Additionally, the foundation plans to work on new business initiatives such as infrastructure development to enhance accessibility for institutional investors, cooperating with diverse partners, and launching native stable coins to drive innovation in Asia&rsquo;s blockchain industry.
&nbsp;
&ldquo;There was no one blockchain network that represented the Asian market and not enough community participation,&rdquo; said Youngsu Ko, Chairman of the Finschia Foundation Council. &ldquo;We plan to build Asia&rsquo;s largest blockchain ecosystem with the diverse opinions from our partners and community that we gathered during the merger proposal process.&rdquo;
&nbsp;
&ldquo;In the process of fine-tuning the merge proposal, we have seen how much positive change can be made through sincere communication with ecosystem participants, including the holder community and governance council members,&rdquo; said Sam Seo, Representative Director at Klaytn Foundation. &ldquo;As we emphasized during the proposal process, together we will build Asia's best blockchain ecosystem that will create greater future value.&rdquo;
&nbsp;
Details on the merger proposal can be found on the Finschia Foundation website. (<a href="https://www.finschia.network/disclosure/detail/390/">https://www.finschia.network/disclosure/detail/390/</a>)
&nbsp;
# # #
&nbsp;
&nbsp;

About Finschia Foundation
The Finschia Foundation is an independent non-profit organization, based in Abu Dhabi, UAE, established in March 2023 to expand public blockchain and Web3 technologies. Inheriting the philosophy of LINE Blockchain&rsquo;s &ldquo;Blockchain for All&rdquo;, the Foundation operates its third-generation public blockchain mainnet Finschia and crypto asset FINSCHIA (FNSA), and aims to achieve a sustainable token model with Web3 users around the world.
&nbsp;
About Klaytn Foundation
Klaytn Foundation was established in 2020 to expand the ecosystem of Klaytn, a global Layer 1 blockchain platform, and has since been actively collaborating with its Governance Council members worldwide. Klaytn Foundation facilitates the adoption and development of new technologies to ensure that Klaytn fulfills its role as an open, trusted, and sustainable blockchain platform for developers and users alike. It also facilitates decision-making to ensure that the ecosystem continues to expand optimally in the rapidly changing blockchain landscape.

&nbsp;
Disclaimer: The FINSCHIA (FNSA) staking and swapping activities available on the blockchain mainnet &ldquo;Finschia&rdquo; are not regulated and are not provided under the Finschia Foundation license.

Finschia and Klaytn Chain Merge Proposal Passes, Creating Asia’s Largest Blockchain Ecosystem

<h1 class="pw-post-body-paragraph mg mh fr mi b mj mk ml mm mn mo mp mq mr ms mt mu mv mw mx my mz na nb nc nd fk bj">Highlights of 2023.12</h1>
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✓ [Finschia] <a href="https://medium.com/lineblockchain/finschia-token-economy-major-update-0b0d3281f13e?source=your_stories_page-------------------------------------" class="external-link" rel="nofollow">Finschia Token Economy major update</a>
✓ [Finschia] <a href="https://finschia.medium.com/finschia-welcomes-bughole-as-finschia-governance-member-and-node-validator-1d03080a8524" class="external-link" rel="nofollow">Finschia Governance Member newly added: BUGHOLE</a>
✓ [Finschia] <a href="https://medium.com/lineblockchain/finschia-welcomes-cosmostation-as-finschia-governance-member-and-node-validator-c499fe42c604?source=your_stories_page-------------------------------------" class="external-link" rel="nofollow">Finschia Governance Member newly added: Cosmostation</a>
✓ [Finschia] <a href="https://medium.com/lineblockchain/partnership-alert-finschia-foundation-and-superwalk-join-hands-for-m2e-service-28d19ad12c28?source=your_stories_page-------------------------------------" class="external-link" rel="nofollow">Partnership Alert: Finschia Foundation x SuperWalk for M2E service</a>
✓ [Finschia] <a href="https://medium.com/lineblockchain/partnership-alert-finschia-foundation-and-neopin-join-hands-for-dex-service-295c0b9522df?source=your_stories_page-------------------------------------" class="external-link" rel="nofollow">Partnership Alert: Finschia Foundation x NEOPIN for DEX service</a>

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&nbsp;
&nbsp;
<h1 id="6ed8" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">Public Blockchain Finschia</h1>

<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1704893539375.png?updatedAt=1704893539000" width="1000" height="auto" alt="" />
With the establishment of the Finschia Foundation in April 2023 and the implementation of necessary procedures, including the introduction of Finschia Governance, Finschia officially transitioned into a public network in December.&nbsp;Consequently, with the unveiling of public endpoints, individuals are empowered to develop decentralized applications (dApps) on the Finschia mainnet without the constraints of permissions. Looking ahead to 2024, strategic initiatives are set to unfold, emphasizing the activation of dApps and the expansion of the developer community.&nbsp;

&nbsp;
Utilizing public application nodes, external developers can seamlessly engage in the following activities:&nbsp;
&nbsp;
<ul>
<li class="ux uy pm uz b va wu vc vd ve wv vg vh vi ww vk vl vm wx vo vp vq wy vs vt vu vv vw vx bj">Build own full node (user node) and interact with the foundation&rsquo;s application node to execute and query transaction(Tx) in Finschia (all Tx available except for x/gov module).</li>
<li class="ux uy pm uz b va vy vc vd ve vz vg vh vi wa vk vl vm wb vo vp vq wc vs vt vu vv vw vx bj">Without building their own node, directly access the foundation&rsquo;s application node to execute and query transaction(Tx) in Finschia (all Tx available except for x/gov module).</li>
</ul>

&nbsp;
&gt; Find Finschia dev resources : <a href="https://medium.com/lineblockchain/announcing-the-official-launch-of-the-public-network-and-release-of-finschia-endpoint-2a7e96f08c2a" class="external-link" rel="nofollow" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">Announcing the release of Finschia endpoint</a>



&nbsp;
<h1 id="39bc" class="mv mw gr be mx my mz na nb nc nd ne nf ng nh ni nj nk nl nm nn no np nq nr ns bj" data-selectable-paragraph="">Sharing Finschia Creator Initiative</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702627077499.webp?updatedAt=1702627077000" width="1000" height="auto" alt="" />
We are currently hosting the Finschia Creator Initiative until January 14th, allowing users to create and share their Finschia-related content. We have found some outstanding contributions from several content creators across various platforms, and here we share some of them. As FNSA holders, developers, and supports of the Finschia ecosystem, let's explore their prospectives on Finschia and the value they look forward in the future.

&nbsp;
<h2 class="p1" id="id-23년12월-Youtube:Nextcryptotoexplodein2024-FINSCHIA(FNSA)">▸ Youtube : Next crypto to explode in 2024 - FINSCHIA (FNSA)&nbsp;</h2>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1704893725169.png?updatedAt=1704893726000" width="449" height="318" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
<a href="https://www.youtube.com/watch?v=TvcmbmMkZdk" class="external-link" rel="nofollow">https://www.youtube.com/watch?v=TvcmbmMkZdk</a>

&nbsp;
Why I recommend investing in the undervalued FINSCHIA (FNSA) as a rising asset in 2024:
<ul>
<li class="p1">Finschia's Zero Reserve policy prevents the reckless minting of reserves</li>
<li class="p1">LINE NEXT's recent investment of 180 billion won, aimed at materializing Web3, will introduce a multitude of Finschia-based services</li>
<li class="p1">The recent official move to a public blockchain allows anyone to develop dApps, with numerous dApps expected to launch and grow</li>
<li class="p1">Finschia holds a healthy and robust ecosystem with leading global partners and affiliates</li>
<li class="p1">FINSCHIA (FNSA) is expected to rank among the top 50 by market cap size</li>
<li class="p1">FINSCHIA (FNSA) is likely a fundamental and reliable coin</li>
</ul>


&nbsp;
&nbsp;
<h2 class="p1" id="id-23년12월-Youtube:Nextcryptotoexplodein2024-FINSCHIA(FNSA)">▸ NAVER Blog : Why isn't Finschia's $140M funding making a big buzz?&nbsp;</h2>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1704893793171.png?updatedAt=1704893793000" style="display: block; margin-left: auto; margin-right: auto;" />
<a href="https://blog.naver.com/mooyoung1401/223295259967" class="external-link" rel="nofollow">https://blog.naver.com/mooyoung1401/223295259967</a>

&nbsp;
Why I'm still backing Finschia despite its limited mainnet usability:&nbsp;
<ul>
<li>Integration of LINE and Yahoo Japan management</li>
<li>A LINE-based project operating the LINE Messenger with 200 million users</li>
<li>Rapid ecosystem formation in LINE's main business countries (Japan and Taiwan)</li>
<li>LINE NEXT's recent significant investment, as a Finschia Governance Member and the operator of a representative Finschia-based dApp service, will enhance the value scalability of the Finschia mainnet</li>
<li>Plans for eco-fund and permissionless smart contracts are underway</li>
<li>The official service launch of Finschia's representative dApp 'DOSI' in January 2024</li>
<li>The launch of the DEX service by NEOPIN within the first quarter of 2024</li>
</ul>


&nbsp;
&nbsp;
&nbsp;
&nbsp;
<h2 class="p1" id="id-23년12월-Youtube:Nextcryptotoexplodein2024-FINSCHIA(FNSA)">▸ Telegram (TG) : FINSCHIA (FNSA) sharing</h2>
<ul class="">
<li id="aedf" class="nk nl fr nm b nn ox np nq nr oy nt nu nv oz nx ny nz pa ob oc od pb of og oh oi oj ok bj" data-selectable-paragraph="">The Finschia endpoint has been released, marking the closure of the Finschia testnet Ebony&rsquo;s testing</li>
<li id="6757" class="nk nl fr nm b nn om np nq nr on nt nu nv oo nx ny nz op ob oc od oq of og oh oi oj ok bj" data-selectable-paragraph="">High expectations for Finschia&rsquo;s DEX service, &lsquo;Finschia Network Swap&rsquo;</li>
<li id="b91b" class="nk nl fr nm b nn om np nq nr on nt nu nv oo nx ny nz op ob oc od oq of og oh oi oj ok bj" data-selectable-paragraph="">A multitude of funding pools for Finschia&rsquo;s business diversification</li>
</ul>
&gt;&gt;&nbsp;<a class="af ol" href="https://t.me/link20000usd" rel="noopener ugc nofollow" target="_blank">Explore the FINSCHIA (FNSA)&rsquo;s unofficial TG channel</a>


&nbsp;
&nbsp;
<h2 id="360e" class="pd mn fr be mo pe pf pg ms ph pi pj mw nv pk pl pm nz pn po pp od pq pr ps pt bj" data-selectable-paragraph="">▸ Twitter: Get your FNSA now and start your journey in the Finschia Ecosystem</h2>
<img src="https://miro.medium.com/v2/resize:fit:688/1*MmXVGCCRNF_wqbzW2cMR5Q.png" style="display: block; margin-left: auto; margin-right: auto;" />
<figure class="os ot ou ov ow mg ly lz paragraph-image" style="text-align: center;">
<figcaption class="pv pw px ly lz py pz be b bf z dw" data-selectable-paragraph=""><a class="af ol" href="https://twitter.com/SunataRahmatadi/status/1744318483096363242" rel="noopener ugc nofollow" target="_blank">https://twitter.com/SunataRahmatadi/status/1744318483096363242</a></figcaption>
</figure>


The Finschia Creator Initiative is open to everyone, and creating content is not a must! All you have to do is share official Finschia information and submit a Google form by January 14th for a chance to win up to 100 FNSAs!
&gt;&gt;&nbsp;<a class="af ol" rel="noopener" href="https://medium.com/@finschia/introducing-the-finschia-creator-initiative-b5541d1c5805">Participate in Finschia Creator Initiative</a>


&nbsp;
&nbsp;
<h1 id="2745" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">FNSA Overview</h1>
<div class="jm jn px ld py">
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<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1704893921485.png?updatedAt=1704893922000" width="1000" height="auto" alt="" />
</div>
&nbsp;
<h5 style="text-align: left;">❖&nbsp;Data is based on the last day of each month.</h5>

■ FNSA Market Cap: 232.62mn USD
■ FNSA Price: 31.13 USD
■ Circulation: 7,472,665 FNSA 
■ Monthly NFT Circulation: 330,913 
■ Listed Exchanges: LINE BITMAX, Bithumb, Coinone, Gate.io, HTX, LBank, BitMart, Bitget
&nbsp;
&nbsp;
Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
&nbsp;
&nbsp;
**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
&nbsp;
</div>
</div>
</div>

December 2023

■&nbsp;Investment marks the largest in Asian blockchain and Web3 industry this year
■&nbsp;Investment is led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm, citing LINE&rsquo;s strategies and vision for Web3 popularization
■&nbsp;LINE NEXT aims to use funding to introduce a new platform and services connecting Web3 and existing web features globally

<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702430433645.jpg?updatedAt=1702430434000" width="1000" height="auto" alt="" />&nbsp;

December 13, 2023 &ndash; LINE NEXT Corporation., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, announced today that it has secured a USD140 million investment from a consortium led by the private equity firm Crescendo Equity Partners (&ldquo;Crescendo&rdquo;).

This investment represents the largest funding round in the Asian blockchain Web3 industry for this year. With the raised funds, LINE NEXT aims to expand its global business and develop new services as part of its plan to popularize the Web3 ecosystem.&nbsp;
&nbsp;
First up, LINE NEXT plans to officially launch its global NFT platform DOSI in January 2024, offering a digital marketplace where a wide range of digital products can be traded. Integrating with Japan&rsquo;s NFT marketplace LINE NFT, DOSI will be offered as a mobile app to users around the world. In addition, LINE NEXT will provide new solutions to help services and brands give ownership directly to existing digital products and trade them, making it easier to introduce Web3 to their services.
&nbsp;
With this investment, LINE NEXT also plans to introduce new services to further accelerate Web3 popularization. These include introducing a social app that allows users to communicate based on the characters they made utilizing AI technology and launching new Web3 games utilizing BROWN &amp; FRIENDS characters that anyone can enjoy.
&nbsp;
LINE NEXT plans to build these services based on the public blockchain Finschia, and LINE NEXT and Crescendo will participate in the Finschia Foundation as governance members, contributing to the expansion of its ecosystem. &nbsp;
&nbsp;
Crescendo, sponsored by Peter Thiel, co-founder of Palantir Technologies, invests with exceptional sector expertise and access to well-established &ldquo;tech-ecosystem&rdquo; consisting of both local and global networks. Crescendo focuses on discovering small to mid-cap technology companies and developing them to become global champions.
&nbsp;
"LINE&rsquo;s global competitiveness and its vision to lead Web3 services were the investment thesis," said Kevin Lee, the managing partner of Crescendo. He added that &ldquo;We hope to build a standard for Web3 apps that general users can easily use and adopt blockchain to all sorts of services and brands of Web2.&rdquo;
&nbsp;
"It is significant that we were able to secure this funding in the context of a globally contracting investment environment," said Youngsu Ko, CEO of LINE NEXT. "We plan to use this opportunity to further popularize Web3 and develop a new service ecosystem where users own the value of their digital goods."
&nbsp;
LINE NEXT has been at the forefront of Web3 popularization through a range of global services based on DOSI. It currently has 5.5 million users worldwide and more than 470,000 cumulative transactions, continuing its rapid growth just one year since beta service began.
&nbsp;
# # #
&nbsp;
&nbsp;

About LINE NEXT Corporation
Based in Korea, LINE NEXT Corporation is focused on Web3 business strategy and planning. With a subsidiary in the U.S operating the global NFT platform business and an office in Japan, LINE NEXT aims to develop the Web3 ecosystem and popularize it for all.
&nbsp;
About Crescendo Equity Partners
CRESCENDO EQUITY PARTNERS LIMITED (hereinafter referred to as "Crescendo") is a technology focused private equity firm &nbsp;sponsored by Peter Thiel, co-founder of PayPal and Palantir Technologies. Crescendo mainly invests in companies with high growth potential with exceptional technologies. Target sectors include traditional B2B hardware sectors such as semiconductors and parts and materials, as well as software sectors that are new growth engines such as IT security and factory automation. As of November 2023, assets under management reached about 1.8 trillion won.(Based on the cumulative committed amount)

LINE NEXT Raises USD140 Million to Expand Web3 Ecosystem

<h1 class="pw-post-body-paragraph mg mh fr mi b mj mk ml mm mn mo mp mq mr ms mt mu mv mw mx my mz na nb nc nd fk bj">Highlights of 2023.11</h1>
<div class="jm jn px ld py">
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✓ [DOSI] <a href="https://medium.com/@DOSI_official/from-credit-card-payment-to-apple-pay-and-google-pay-4b47cc5cca1c" class="external-link" rel="nofollow">Introducing convenient USD payments via Stripe Payment for DOSI Store</a>
✓ [DOSI]&nbsp;<a class="af ou" href="https://medium.com/@DOSI_official/pre-announcement-for-the-official-launch-of-dosi-service-in-january-2024-2d933797879c" rel="noopener">Pre-announcement for the Official Launch of DOSI Service in January 2024</a>
✓ [Finschia] <a href="https://medium.com/@finschia/introducing-the-finschia-creator-initiative-b5541d1c5805" class="external-link" rel="nofollow">Introducing the Finschia Creator Initiative</a>

</div>
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&nbsp;
&nbsp;
<h1 id="6ed8" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">LINE NEXT, the development company of Finschia, successfully secured an investment of 180 billion KRW</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702626889755.webp?updatedAt=1702626890000" width="1000" height="auto" alt="" />
LINE NEXT, the development company of Finschia and an active member of the Finschia governance, has successfully attracted a 180 billion KRW investment from the global private equity fund (PEF) manager Crescendo Equity Partners and a consortium. This investment amount is the largest in the Asian blockchain and Web3 industry this year, marking a significant milestone for the Finschia Foundation in solidifying a robust foundation to achieve the core partner&rsquo;s goal of &lsquo;Web3 popularization.&rsquo;
LINE NEXT and Crescendo Equity Partners, as governance members of the Finschia Foundation, plan to contribute to the expansion of the Finschia ecosystem.

&gt; Read More :&nbsp;<a class="af ou" href="https://linepluscorp.com/pr/news/global/2023/136" rel="noopener ugc nofollow" target="_blank">LINE NEXT Raises USD140 Million to Expand Web3 Ecosystem</a>


&nbsp;
<h1 id="39bc" class="mv mw gr be mx my mz na nb nc nd ne nf ng nh ni nj nk nl nm nn no np nq nr ns bj" data-selectable-paragraph="">Finschia Public Launch and Ecosystem Expansion Plan</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702626959955.webp?updatedAt=1702626960000" width="1000" height="auto" alt="" />
Recently, Finschia announced plans to evolve into a public chain by opening up public endpoints for external developers. Once these endpoints become available, anyone will be able to freely develop dApp services based on the Finschia platform.
Furthermore, Finschia has unveiled five strategic plans for ecosystem expansion
1. Onboarding a large number of enterprises in collaboration with LINE Web3 Business. 2. Establishing an Eco Fund to select and nurture key dApp sectors. 3. Listing on global Centralized Exchange (CEX) and Decentralized Exchange (DEX) platforms. 4. Operating permissionless CosmWasm contracts to enhance blockchain functionality. 5. Strengthening network interoperability.
&gt; Read More :&nbsp;<a class="af ou" href="https://medium.com/lineblockchain/finschia-2024-a-public-blockchain-expanded-dapps-and-more-013b86223616" rel="noopener">Finschia 2024: A Public Blockchain, Expanded dApps and More</a>


&nbsp;
<h1 id="e851" class="mv mw gr be mx my mz na nb nc nd ne nf ng nh ni nj nk nl nm nn no np nq nr ns bj" data-selectable-paragraph="">FNSA is now listed on Coinone, LBank and BitMart</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702627027820.webp?updatedAt=1702627028000" width="1000" height="auto" alt="" />
FNSA is now listed on Coinone, which support for KRW trading and global exchanges LBank and BitMart. Moving forward, we aim to rapidly increase the number of exchanges supporting FNSA trading to enhance liquidity and strengthen the Finschia ecosystem.


&nbsp;
<h1 id="0555" class="mv mw gr be mx my mz na nb nc nd ne nf ng nh ni nj nk nl nm nn no np nq nr ns bj" data-selectable-paragraph="">Finschia Creator Initiative</h1>
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702627077499.webp?updatedAt=1702627077000" width="1000" height="auto" alt="" />
Starting from December 13th, the Finschia Foundation is launching the &lsquo;Finschia Creator Initiative&rsquo;. This program encourages users to create and distribute content related to Finschia. By creating or sharing content, users can contribute to the growth of the Finschia ecosystem. Outstanding contributors will be rewarded with &lsquo;contribution-based rewards&rsquo;, receiving FINSCHIA (FNSA) as an incentive.
<ul class="">
<li id="a7ce" class="nt nu gr nv b nw pt ny nz oa pu oc od oe pv og oh oi pw ok ol om px oo op oq or os ot bj" data-selectable-paragraph="">Total Prize: 520 FNSA</li>
<li id="05c2" class="nt nu gr nv b nw ov ny nz oa ow oc od oe ox og oh oi oy ok ol om oz oo op oq or os ot bj" data-selectable-paragraph="">Program Period: December 13, 2023, to January 14, 2024</li>
<li id="bc2e" class="nt nu gr nv b nw ov ny nz oa ow oc od oe ox og oh oi oy ok ol om oz oo op oq or os ot bj" data-selectable-paragraph="">Winner Announcement: February 1, 2024</li>
</ul>
Many influencers have already began actively promoting the &lsquo;Finschia Creator Initiative&rsquo; since its pre-announcement. Their efforts had led to Finschia gaining visibillity on various platforms including YouTube, blogs, Telegram, Twitter, and others.
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702627108498.webp?updatedAt=1702627108000" width="759" height="666" alt="" />

How to Participate in &lsquo;Finschia Creator Initiative&rsquo;
<ol class="">
<li id="eb65" class="nt nu gr nv b nw pt ny nz oa pu oc od oe pv og oh oi pw ok ol om px oo op oq qg os ot bj" data-selectable-paragraph="">Create and post your own content, or share content created by others.</li>
<li id="fd4f" class="nt nu gr nv b nw ov ny nz oa ow oc od oe ox og oh oi oy ok ol om oz oo op oq qg os ot bj" data-selectable-paragraph="">Complete and submit the program participation application form available at&nbsp;<a class="af ou" href="https://forms.gle/XHBBurxf1Q4y82Pt8" rel="noopener ugc nofollow" target="_blank">https://forms.gle/XHBBurxf1Q4y82Pt8</a>.</li>
</ol>
Don&rsquo;t miss your chance to earn 3 FNSA simply by sharing content! Participating in the &lsquo;Finschia Creator Initiative&rsquo; is a great opportunity to engage with the community and earn rewards.
&gt; Learn More About the &lsquo;Finschia Creator Initiative:&nbsp;<a class="af ou" rel="noopener" href="https://finschia.medium.com/introducing-the-finschia-creator-initiative-b5541d1c5805">Introducing the &lsquo;Finschia Creator Initiative&rsquo;</a>

<h1 id="2745" class="mv mw gr be mx my pi na nb nc pj ne nf ng pk ni nj nk pl nm nn no pm nq nr ns bj" data-selectable-paragraph="">FNSA Overview</h1>
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<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1702627152508.webp?updatedAt=1702627153000" width="1000" height="auto" alt="" />
</div>
</div>
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&nbsp;
<h5 style="text-align: left;">❖&nbsp;Data is based on the last day of each month.</h5>

■ FNSA Market Cap: 197.36mn USD
■ FNSA Price: 26.73 USD 
■ Monthly Trading Volume: 90.30mn USD 
■ Circulation: 7,384,738 FNSA 
■ Monthly NFT Circulation: 354,434 
■ Listed Exchanges: LINE BITMAX, Bithumb, Coinone, Gate.io, HTX, LBank, BitMart
&nbsp;
&nbsp;
&nbsp;
Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
&nbsp;
&nbsp;
**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
&nbsp;
</div>

November 2023

<h1 class="pw-post-body-paragraph mg mh fr mi b mj mk ml mm mn mo mp mq mr ms mt mu mv mw mx my mz na nb nc nd fk bj">Highlights of 2023.10</h1>
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✓ [Finschia] <a href="https://medium.com/lineblockchain/announcing-the-successful-upgrade-of-finschia-mainnet-2-0-3463943d7b7d" data-href="https://medium.com/lineblockchain/announcing-the-successful-upgrade-of-finschia-mainnet-2-0-3463943d7b7d" class="markup--anchor markup--li-anchor" target="_blank" rel="noopener">Finschia mainnet 2.0 has been successfully upgraded</a>
✓ [Finschia] <a href="https://medium.com/lineblockchain/en-kr-announcing-finschia-policy-v1-0-0d0d377b3839" data-href="https://medium.com/lineblockchain/en-kr-announcing-finschia-policy-v1-0-0d0d377b3839" class="markup--anchor markup--li-anchor" target="_blank" rel="noopener">Finschia Foundation reveals Finschia Policy v1.0 to highlight its mainnet accessibility and expandability</a>
✓ [Finschia] <a href="https://www.finschia.network/disclosure/detail/359/" data-href="https://www.finschia.network/disclosure/detail/359/" class="markup--anchor markup--li-anchor" rel="noopener" target="_blank">Finschia Docs v1.2 has been released</a>
✓ [Finschia] <a href="https://linepluscorp.com/pr/news/global/2023/134" data-href="https://linepluscorp.com/pr/news/global/2023/134" class="markup--anchor markup--li-anchor" rel="nofollow noopener noopener" target="_blank">Finschia ecosystem partner GAME DOSI&rsquo;s second global title &lsquo;SWEET MONSTER GUARDIANS&rsquo; launches</a>
✓ [Finschia Governance] <a href="https://medium.com/neopin-official/neopin-launches-finschia-governance-voting-for-individual-fnsa-holders-bb8561ef727a" data-href="https://medium.com/neopin-official/neopin-launches-finschia-governance-voting-for-individual-fnsa-holders-bb8561ef727a" class="markup--anchor markup--li-anchor" rel="nofollow noopener" target="_blank">FGM &lsquo;NEOPIN&rsquo; launches Finschia Governance voting for individual FNSA holders</a>
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<h1 class="ne nf fr be ng nh qa nj nk nl qb nn no np qc nr ns nt qd nv nw nx qe nz oa ob bj">Finschia Mainnet 2.0 Upgrade Interview: Chain Strategy Team</h1>
To highlight the Finschia mainnet 2.0 upgrade, we present an interview with Ungyu Hwang from the Chain Strategy team, who oversees Finschia&rsquo;s mainnet operations.
&nbsp;
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As a key member of the Chain Strategy team and the primary person behind the 2.0 upgrade, what were your responsibilities?
I manage and operate the Finschia mainnet, deciding features for releases, adjusting on-chain parameters, and planning Tx executions based on policy changes. We coordinate with off-chain and on-chain teams to implement technologies and policies outlined in the Finschia whitepaper. My role extends to writing and updating guides for developers, partners, and Finschia Governance Members (FGMs).
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For the 2.0 upgrade, I organized the scope, policies, and processes, collaborated with departments and partners, and executed the upgrade process according to the schedule.

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Any interesting episodes during the upgrade preparation?
This team-based project posed challenges in planning the upgrade timeline and process. Our Chain Strategy team dedicated effort to coordinating with all products, services, and exchanges connected to the Finschia main network. Personally, determining the target block height for the 2.0 upgrade was critical. We calculated it meticulously to avoid delays during the on-chain governance process, ensuring a seamless transition. The precision paid off, with the actual chain break only two minutes off the planned time.

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What changes with the mainnet 2.0 upgrade?
The 2.0 upgrade signifies the technical and policy readiness of the Finschia mainnet to transition towards a public chain. Changes include allowing each validator to operate its public endpoint, enhancing accessibility for external developers to test and integrate services. A minimum gas price policy facilitates development by setting a threshold for charges. Additionally, Key Management Server (KMS) technology mitigates security risks by securely storing consensus keys on a separate server. On-chain governance is also strengthened by modifying the FoundationTax parameter and enabling CreateValidatorAuthorisation through on-chain governance.

&nbsp;
What changes when an endpoint is released and becomes public?
Public endpoints empower anyone to develop and maintain dApps. Information in a block can be directly accessed using Query, enabling various uses. With Tx, developers can create and use contracts without restrictions, freely utilizing functions related to asset transfer (FNSA) and staking. Creating personal nodes and connecting them to public endpoints (P2P) ensures stable dApp services.

&nbsp;
Finschia&rsquo;s strategy to attract developers to the ecosystem?
&ldquo;Stable mainnet operation&rdquo; is a key advantage, with FGM-run validator nodes ensuring both technical security and business synergies. The FGMs, composed of companies, consider regulations, providing a competitive advantage.
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Service contribution rewards transparently measure and reward contributions to the Finschia ecosystem&rsquo;s activation and value. DApp developers can register as service contributors and receive FNSAs based on their contributions.

&nbsp;
What skills do developers need for Finschia dApp development?
Developers need a basic knowledge of Go for <a href="https://github.com/Finschia/finschia" data-href="https://github.com/Finschia/finschia" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">Finschia node applications</a> and Rust for smart contract development. For those with JavaScript skills, a <a href="https://github.com/Finschia/finschia-js" data-href="https://github.com/Finschia/finschia-js" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">JavaScript-based SDK</a>, finschia-js, is available.

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Advice for developers starting with Finschia dApp development?
Read <a href="https://docs.finschia.network/" data-href="https://docs.finschia.network/" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">Finschia Docs</a> to understand node powering and communication. Follow the guide to connect a node or use Tx/Query. The Ebony testnet facilitates dApp development, supported by a <a href="https://docs.finschia.network/ko/smart-contract/development" data-href="https://docs.finschia.network/ko/smart-contract/development" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">basic smart contract development guide</a>. Further details on contract development can be found in the <a href="https://github.com/orgs/Finschia/repositories" data-href="https://github.com/orgs/Finschia/repositories" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">Finschia repo</a>, which is based on <a href="https://docs.cosmos.network/" data-href="https://docs.cosmos.network/" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">Cosmos SDK</a> and <a href="https://docs.cosmwasm.com/docs/" data-href="https://docs.cosmwasm.com/docs/" class="markup--anchor markup--p-anchor" rel="nofollow noopener noopener" target="_blank">Cosmwasm</a>.

&nbsp;
Is there a guide for dApp development?
A detailed smart contract development guide will be available later.

&nbsp;
When can dApp developers start issuing tokens based on Finschia?
Issuing tokens requires technical and policy preparation. As smart contracts can be deployed on the Finschia mainnet, the technical preparation for issuing contract-based tokens is complete with the 2.0 upgrade. However, the standard for contract-based tokens has not yet been finalized on the Finschia mainnet, allowing dApp developers to issue tokens with the same specification and support them as standard tokens for distribution and use in multiple products or services. We are currently in discussions to finalize the contract-based token standard and expect to finalize the standard through consultation with the FGM and on-chain governance by the end of the year. At that point, dApp developers will be able to issue contract-based tokens based on the standard.

&nbsp;
Any plans for the Mainnet 3.0 upgrade?
We&rsquo;ve just completed the mainnet 2.0 upgrade and are now discussing the next 3.0 upgrade. Firstly, we are planning to update the major software (Finschia-sdk, Ostracon, Wasmd, ibc-go, etc) that technically make up the Finschia mainnet. We are also considering adding various features needed to extend the Finschia ecosystem in an environment where public endpoints are open. In addition, we want to focus more on building an environment where various dApps can be onboarded to the Finschia mainnet by providing dApp developers with more convenient and useful development tools and features. For your reference, public endpoints for the Ebony testnet will be supported from mid-November, and the Finschia endpoints will be followed at a later date.

&nbsp;
Finschia&rsquo;s vision of &lsquo;Blockchain for All&rsquo; in the short term?
In order to eventually achieve Blockchain for All, I think Finschia needs to be popularized, although it is not easy to reach this stage in a short period. I think we will achieve this step by step, according to our long-term roadmap. We are taking steps to move from a private chain to a consortium chain and now to a public chain. Governance is currently a consortium system based on FGM, but we are also considering opening governance participation to general holders and strengthening the governance forum and developer community. Given the speed at which the Finschia ecosystem is expanding and going public, we believe that in the not-too-distant future, it will become a significant chain in the global market.

&nbsp;
Direction for building a better Finschia as a chain strategist?
Finschia has always been based on the fundamental premise of conducting business and development in full compliance with regulations, so we have been somewhat limited in terms of overall progress and timing compared to other chains. However, since this year we have been steadily improving various structures, procedures, and awareness to address these areas. We are currently accelerating the steps towards becoming a public chain. Of course, our compliance with existing regulations is also a competitive advantage at a time when the blockchain market is becoming increasingly regulated. Therefore, I think it is necessary to maintain a good balance between the speed of progress and compliance.
&nbsp;
Personally, when I think about the Finschia mainnet as a product, I believe it&rsquo;s essential to listen to the voices and opinions (VOC) of our users and holders and reflect them in our development and policy direction. That&rsquo;s why I want to focus on opening up more mainnet information and features to the outside world, interacting with our users and holders, and continuously improving our technology and policies.

&nbsp;
Any final words?
As much as I personally love the Finschia mainnet, I would like to see it receive more attention and love from dApp developers, partners, and owners. For your reference, public endpoints for the Ebony testnet will be supported from mid-November, and the Finschia endpoints will be followed at a later date.
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<h1 name="db09" class="graf graf--p">FNSA Overview</h1>

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<h5 style="text-align: left;">❖&nbsp;Data is based on the last day of each month.</h5>
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<li>FNSA Market Cap: 186.19mn USD</li>
<li>FNSA Price: 25.52 USD</li>
<li>Monthly Trading Volume: 11.74mn USD</li>
<li>Circulation: 7,296,939 FNSA</li>
<li>Monthly NFT circulation: 1,171,684</li>
<li>Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, HTX, Bittrex Global</li>
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
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**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
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October 2023

Highlights of 2023.09
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✓ [Finschia]&nbsp;<a class="af lb" rel="noopener" href="https://medium.com/lineblockchain/finschia-welcomes-certik-as-finschia-governance-member-and-node-validator-d9363edded9d">Introducing CertiK as Finschia Governance Member and node validator</a>
✓ [Finschia]&nbsp;<a class="af lb" rel="noopener" href="https://medium.com/lineblockchain/finschia-welcomes-delight-as-finschia-governance-member-and-node-validator-cc98ea9151d9">Introducing DELIGHT as Finschia Governance Member and node validator</a>
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Finschia Governance Member (FGM) Interview: CertiK
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Hello, Could you please introduce yourself?
Hello, I&rsquo;m Jason Jiang, the Chief Business Officer at CertiK.
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Could you describe CertiK and its core business?
Certainly. CertiK was founded six years ago by two professors who brought their methodological expertise to the blockchain domain. Our core mission is to build a robust business around technology, and to date, we&rsquo;ve audited over 4,100 projects, securing assets worth 370 billion dollars. In April 2022, we successfully fundraised 260 million dollars on a 2 billion dollar valuation, with contributions from Sequoia, Goldman Sachs, Insight Partners, and SoftBank. We&rsquo;ve established ourselves as market leaders in security solutions within the Web3 industry. Our goal is to reinvigorate our auditing business and rapidly become a one-stop security solution provider for blockchain. Oh, and the name &ldquo;CertiK&rdquo; is derived from &ldquo;certified kernel,&rdquo; and it is literally Certi + K (laugh).
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❖&nbsp;kernel: the core component of an operating system and the certified kernel is used in high-security environments
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How does CertiK identify code vulnerabilities, and what sources do you rely on?
Building on top of the past 4,100+ auditing experience, our audit work generally involves 5 steps: threat modeling and preparation, automated analysis, expert manual review, dynamic analysis, and remediation with the project team. We have vast experience in auditing Layer 1 and Layer 2 chains, apps such as Defi, DEX, GameFi, wallets, and Web2-related frontend and backend penetration tests.
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Could you highlight the strengths of CertiK&rsquo;s code audit services?
Of course. Our key strengths are our engineering resources and capabilities, vast experience spanning 5&ndash;6 years across different ecosystems, and a market share of 60&ndash;70% from auditing 4,100 projects. We also have a large team of engineers who keep working on tools to improve the accuracy and efficiency of auditing work.
&nbsp;
Regarding the recent partnership between CertiK and the Finschia Foundation, what does the audit of the Finschia mainnet involve?
CertiK performed a full security audit before the Finschia mainnet launch. First of all, the coding that was developed by Finschia is first class with comprehensive testing already. CertiK identified many issues with different severity levels. Finschia and CertiK worked together to address those findings, and we consider all the important findings to be resolved. Furthermore, CertiK agrees to be a validator for Finschia, enabling us to provide continuous security services to Finschia and its participating projects. We are very much looking forward to it.
&nbsp;
You mentioned CertiK provides comprehensive code audits for dApps and services integrating with the Finschia mainnet. Could you provide more details on how your team plans to contribute to the Finschia ecosystem?
We will bring our vast auditing experience in multiple Cosmos-based ecosystems to Finschia-based dApps. By partnering with Finschia, CertiK is determined to provide fast-track service to the ecosystem participating projects. Our efficiency will also further help lower the cost of auditing work. Furthermore, our on-chain monitoring system will help Finschia to be compliant with local laws and be alerted when incidents happen.
&nbsp;
What initially piqued your team&rsquo;s interest in the Finschia project?
Knowing the history of the Finschia ecosystem is so intriguing. What Finschia brings to Web3 is exactly what Web3 lacks &mdash; the possibility of vast adaptation and bridge of Web2 to Web3. Being the leader of Web3 security providers, we welcome the challenge of providing comprehensive security enhancement to the Finschia ecosystem.
&nbsp;
Are there any specific services within the Finschia ecosystem that stand out to you?
Finschia&rsquo;s connection to LINE, with its 200 million users, offers numerous possibilities. It&rsquo;s a significant move to transition from LINE to Finschia.
&nbsp;
You&rsquo;ve repeatedly mentioned &lsquo;providing world-class security solutions&rsquo; in your recent PR. Could you elaborate on what this entails?
We start with an academic approach, with most of our engineering team members holding doctorates. Our leadership position in the industry is earned by devoting significant resources to security, both in terms of funds and engineering expertise.
&nbsp;
How do you assess the current state of network security as the Web3 ecosystem expands?
Web3 is still in its infancy, lacking industry standards. Different blockchains, like Finschia on Cosmos, each have their own approaches to security. While audits help, they don&rsquo;t solve all problems. Last year, the Web3 industry saw losses of 3.6 billion dollars due to security issues. Collaboration between service providers, project owners, and users is crucial to improving security.
&nbsp;
What do you foresee as potential future threats to blockchain network stability and security? How can we safeguard against these threats?
Centralization remains a significant threat, along with connecting Web3 to Web2, particularly with issues related to wallets and real-world money. Phishing and scams, as well as tokenomics concerns, will continue to be problems. We expect new challenges to emerge as well.
&nbsp;
What is CertiK&rsquo;s ultimate goal in the field of blockchain cybersecurity?
Our ultimate goal is to be the standard for others to follow. We aim to be the go-to cybersecurity partner for companies in the blockchain industry, and our recent collaboration with Finschia is a testament to our commitment to achieving that goal.
&nbsp;
Do you have any closing remarks or final thoughts?
In closing, we aspire to &lsquo;be the magnetic force&rsquo; in the blockchain industry, attracting companies to prioritize security. We see the Korean market as especially attractive, and our partnership with Finschia is a significant step towards achieving our goals. Thank you for the opportunity to share our vision and mission with you today!
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FINSCHIA Overview
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<h5 style="text-align: left;">❖&nbsp;Data is based on the last day of each month.</h5>
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■ FNSA Market Cap: 139.99mn USD
■ FNSA Price: 19.42 USD
■ Monthly Trading Volume: 56.38mn USD
■ Circulation: 7,207,588 FNSA
■ Total NFTs circulating on the Finschia: 248,890
■ Officially Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, HTX (Huobi Global), Bittrex Global
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
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**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
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September 2023

Highlights of 2023.08
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✓ [Finschia] FNSA holder verification supported within the Discord community (&gt;&nbsp;<a class="af lb" href="https://discord.gg/finschia" rel="noopener ugc nofollow" target="_blank">verify as FNSA holder</a>)
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-id=8657" rel="noopener ugc nofollow" target="_blank">FNSA trading event on Huobi Global</a>
✓ [Finschia]&nbsp;<a class="af lb" rel="noopener" href="https://medium.com/lineblockchain/finschia-welcomes-certik-as-finschia-governance-member-and-node-validator-d9363edded9d">Finschia welcomes CertiK as Finschia Governance Member and node validator</a>
✓ [LINE NEXT]&nbsp;<a class="af lb" href="https://xangle.io/en/research/detail/1487" rel="noopener ugc nofollow" target="_blank">Finschia mentioned at Xangle x CMC Live Recap: Web3 Adoption in Korea/Japan</a>
✓ [LINE NEXT] Presenting Web3 for Billion Users at KBW 2023 (<a class="af lb" href="https://www.techm.kr/news/articleView.html?idxno=114140" rel="noopener ugc nofollow" target="_blank">sourced by TechM</a>)
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 Conference Recap &mdash; Korea Blockchain Week 2023


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LINE NEXT, one of Finschia&rsquo;s governance members, participated in Korea Blockchain Week (KBW), the largest blockchain conference in Asia, held in Korea. Under the theme &lsquo;Web3 for Billion Users,&rsquo; Woosuk Kim, Business Director of LINE NEXT, shared insights on several key topics. These included the early failures of the blockchain industry, the challenges that NFTs face in the context of Web3, the current state of the industry, and the direction in which LINE&rsquo;s distinctive blockchain infrastructure and tools are leading:

■ Blockchain Scalability:
Blockchain currently faces challenges in handling high user traffic. There&rsquo;s a need to evolve blockchain technology to support mainstream applications and businesses effectively.

&nbsp;
■ Reimagining dApps:
Many projects struggle in the NFT and Web3 markets because they perceive dApps as complex. It is essential to view dApps as regular applications empowered by blockchain technology.
&nbsp;

■ LINE NFTs:
Through partnerships and collaborations with leading entities and IPs, LINE is developing into an NFT blockchain platform with a focus on digital goods and commodities.
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■ LINE&rsquo;s Blockchain Services:
LINE&rsquo;s blockchain business is centered on core functionalities, including cross-border sales, user-owned asset trading, and digital authentication.
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■ LINE&rsquo;s Blockchain Vision:
Over the next fiver years, LINE aims to attract more than 1 billion users and become a fundamental infrastructure and tool for a wide range of applications and business models.
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Finschia Governance Member (FGM) Interview: A41
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Hello, Could you please introduce yourself?
Hello, I&rsquo;m Jooman Han, the leader of A41 Tech Team. I have a passion for learning new technologies so starting in 2019 for three years, I developed and operated a service to provision machine learning environments at Samsung. After that, I was fascinated by blockchain, which is developing faster than AI and introducing new technologies and concepts, so I joined A41 as a founding member through my academic activities.

&nbsp;
More about your company A41?
A41 is a blockchain infrastructure company that focuses on developing products like validators and Governance-as-a-Service (GaaS). Our team believes that blockchain serves as a trusted data layer, particularly in an era where internet development has necessitated trust in anonymous entities. A41&rsquo;s goal is to provide the infrastructure enabling the use of blockchain technology for this purpose.

&nbsp;
A41 seems to be involved in a lot of decentralized governance. What criteria do you consider when selecting governance members and networks?
Originality. In general, blockchains are mostly open-sourced to achieve the goal of being &ldquo;trustless,&rdquo; meaning they don&rsquo;t require trust from an unspecified number of people. We focus on whether they address a unique problem area, as open source cannot effectively engage the ecosystem unless it tackles a distinct issue.

&nbsp;
What led you to explore Finschia?
I believe blockchain technology is still closed and complex for the masses. It demands an understanding of blockchain systems, chains, and transactions, even for those interested in the technology. To alleviate these inconveniences, it&rsquo;s crucial for companies with mature service experience, strong technological expertise, and a solid trust foundation to make efforts. In this context, I decided to support Finschia. The concept of an intent-based approach, which is currently actively discussed in the blockchain industry, inherently establishes trust between the service provider and the user. I believe introducing such a service will be highly beneficial to the Finschia community.

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❖&nbsp;Intent-based approach: A method in which a service provider involves identifying a user&rsquo;s intent or purpose and delivers services accordingly. In other words, it utilizes blockchain technology to help users use services safely and transparently.
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&nbsp;
Are you collaborating with the Finschia network?
A41 participates as a node validator, leveraging its extensive experience in on-chain governance from other chains. We recently discussed the risks of centralizing voting power on the Finschia network and proposed solutions, drawing from examples on other chains.

&nbsp;
How will you contribute to the Finschia ecosystem in the future?
<ul>
<li> Providing governance insights:As a validator, A41 continuously creates user-friendly governance notes, addressing chain issues. We&rsquo;ll do the same for Finschia, offering insights to the community for activation.</li>
<li> Publishing research and content:Over the past two years, A41 has released 200+ research pieces, simplifying blockchain tech for all. As the research team strives to discover problems and propose solutions through deeper research, such as our recent article on the Cosmos Forum (&gt;&nbsp;<a href="https://medium.com/a41-ventures/infrasstructure-replicated-security-1-replicated-security%EC%9D%98-%EB%8F%99%EC%9E%91-%EB%B0%A9%EC%8B%9D%EA%B3%BC-%ED%98%84%ED%99%A9-c4c01cb7e501">Replicated Security (RS)</a>), we&rsquo;ll provide essential insights to Finschia.</li>
<li> Ensuring network stability:A41 maintains a stable chain operation without slashing penalties, crucial for delegators&rsquo; returns and overall chain stability. Our operations are based in a Tier 4 data center, ensuring maximum reliability.</li>
</ul>
&nbsp;
❖&nbsp;Slashing penalty: In a blockchain network, a penalty imposed when a validator engages in inappropriate behavior, such as threatening the safety and reliability of the network.
❖&nbsp;Data centre (Tier 4): TIA-942 data centre rating system, one of the standards for assessing availability and reliability, meaning that it is a data centre that ensures a high level of availability and reliability.
&nbsp;
Are there examples of Web3 companies, like A41, collaborating with Web2 service providers? I&rsquo;m interested in the potential synergy between Web2 and Web3 in the blockchain industry.&nbsp;
Web3 companies excel in understanding blockchain system challenges, staying updated on trends, and swiftly executing through stakeholder dialogues. On the other hand, Web2 companies bring mature service delivery experience, strong technical expertise, and established user trust.
&nbsp;
To establish blockchain as a trusted data layers, improving user experience (UX) is crucial. Web3 companies can quickly identify and address issues, while Web2 companies can enhance the user experience based on their mature expertise and trust.
&nbsp;
What areas of service is A41 currently exploring?
We are currently exploring various aspects of blockchain infrastructure. In response to industry trends, we are focusing on enhancing user experience through technologies like smart contract wallets, MPC (Multi-Party Computation) wallets, intents, and privacy solutions. Additionally, we are working on improving the sustainability of our infrastructure services through updates related to MEV (Maximal Extractable Value) and PBS (Purposer-Builder Separation).
&nbsp;
❖&nbsp;Maximal Extractable Value (MEV):&nbsp;The maximum value that participants in a blockchain ecosystem (such as miners, validators, and users) can obtain from block production, aside from block rewards and transaction fees by adding, excluding, or reordering transactions.
❖&nbsp;Proposer-Builder Separation (PBS):&nbsp;A new transaction market design intended to address the issue of MEV centralization in Ethereum 2.0 after the Merge.
&nbsp;
What would be the most crucial factor in co-creating a mass market service in the Web3 industry?
I believe it&rsquo;s essential to enhance the user experience without compromising the core value of blockchain, which is its &lsquo;trustless.&rsquo;
&nbsp;
Any closing thoughts?
Thank you for this insightful interview. We hope for your continued support of A41 in the future.
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FINSCHIA Overview
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1698056428036.png?updatedAt=1698056428000" width="662" height="616" alt="" style="display: block; margin-left: auto; margin-right: auto;" /> 
<h5 id="222e" class="pw-post-body-paragraph mg mh fr mi b mj pn ml mm mn po mp mq mr pp mt mu mv pq mx my mz pr nb nc nd fk bj">❖&nbsp;Data is based on the last day of each month.</h5>
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■ FNSA Market Cap: 153.03mn USD
■ FNSA Price: 21.50 USD
■ Monthly Trading Volume: 39.16mn USD
■ Circulation: 7,119,310 FNSA
■ Total NFTs circulating on the Finschia: 1,030,329
■ Officially Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, Huobi Global, Bittrex Global
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
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**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides the information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.
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August 2023

Highlights of 2023.06
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✓ [Finschia]&nbsp;<a class="af lb" href="https://t.co/B5QgRvvXNN" rel="noopener ugc nofollow" target="_blank">Finschia Foundation Announces First Finschia Governance Members, Including SoftBank, LINE NEXT, and LINE Xenesis</a>
✓ [Finschia] Finschia commences external validator node operations (<a class="af lb" href="https://scan.blockchain.line.me/Finschia%20Mainnet/staking" rel="noopener ugc nofollow" target="_blank">LINE Blockchain Scan &gt; mainnet staking</a>)
✓ [Finschia] Finschia joins AwesomWasm 2023 to share insights on &lsquo;funding in bear market&rsquo; and &lsquo;Dynamic link: smart contract interaction method&rsquo; (refer to the conference recap below)
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.techm.kr/news/articleView.html?idxno=112134" rel="noopener ugc nofollow" target="_blank">LINE NEXT highlights Web3 mass adoption with Token Economy 2.0 and Zero Reserve policy at Xangle Adoption 2023</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/130" rel="noopener ugc nofollow" target="_blank">GAME DOSI signs MOU with SEGA to develop Web3 game</a>
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Conference Recap &mdash; 2023 Finschia Summer Conference
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<ul>
<li> Xangle Adoption (Seoul), AwesomWasm/HackWasm (Berlin), WebX (Tokyo)</li>
</ul>
&nbsp;
July 2023 proved to be a bustling month of conferences for the Finschia team. The Xangle Adoption event was held in Seoul from July 11th to 12th, followed by AwesomWasm and HackWasm in Berlin from July 12th to 16th, and WebX Asia, Japan&rsquo;s largest annual Web3 event, in Tokyo from July 25th to 26th.
&nbsp;
<h2>1. Xangle Adoption</h2>
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<img src="https://miro.medium.com/v2/resize:fit:770/1*8L5G8PW1zC9EJzgEOSAjxg.jpeg" width="657" height="438" style="display: block; margin-left: auto; margin-right: auto;" />

&nbsp;
Last month, LINE NEXT joined Xangle Adoption in Seoul to discuss LINE&rsquo;s Web3 strategy. Recognized for its remarkable zero-reserve policy, Finschia is set to evolve into a blockchain that provides practical public services and transcends its previous blockchain role rather than a mere investment commodity.
&nbsp;<o:p></o:p>

<figure class="image"><img src="https://miro.medium.com/v2/resize:fit:770/1*vD3ToxDObxom30HMprvvpQ.png" width="654" height="368" style="display: block; margin-left: auto; margin-right: auto;" alt="출처: Web3 mass adoption at Xangle Adoption by Finschia Foundation" />
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<figure class="image"><img src="https://miro.medium.com/v2/resize:fit:770/1*tLdsnaTw0XZ0rAjvTFjdCQ.png" width="651" height="366" style="display: block; margin-left: auto; margin-right: auto;" alt="출처: Web3 mass adoption at Xangle Adoption by Finschia Foundation" />
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Source: Web3 mass adoption at Xangle Adoption by Finschia Foundation
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&nbsp;
In addition to the Finschia data section, Wonseok Kim (the Finschia Biz Lead of LINE NEXT) highlighted that since the launch of Token Economy 2.0, Finschia has successfully kept user fees low and maintained alignment between its fully diluted value* and market capitalization. This alignment has persevered despite network congestion and a notable surge in transaction volume, demonstrating the robust stability of Finschia&rsquo;s network and a reduction in potential market selling pressure among token holders. Finschia&rsquo;s commitment to network stability was further underlined by its collaboration with Xangle during this adjustment, which was well received. Aiming to introduce a novel blockchain model that differs from existing ones, Finschia is continuing to make significant progress in the industry.
&nbsp;
❖&nbsp;Fully diluted value: The total value of FNSA tokens assuming all tokens are currently being traded or in circulation in the market.
&nbsp;
<h2>2. AwesomWasm/HackWasm</h2>
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We attended CosmWasm, an event that brings together teams from across the Cosmos ecosystem to share different facets of Finschia through keynotes, panel discussions, and tech talks. This was our first time attending a conference abroad, and it was a valuable opportunity to engage with different teams, immerse ourselves in the Web3 atmosphere in Europe, and spread the word about Finschia.

Following on from AwesomWasm, HackWasm unfolded as a hackathon, giving teams 48 hours to innovate around their chosen theme. Here&rsquo;s an insight into how one of the projects on our theme used Dynamic Link*, an exclusive Finschia technology, to create a smart contract.

❖&nbsp;Dynamic Link: A smart contract interaction method developed by LINE (<a href="https://www.youtube.com/watch?v=kT3JVEqVzQ8">watch</a>)
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The structure diagram above shows the smart contract as a smiley. If User A decides to stake X amount of tokens, this smart contract will autonomously place a stake (bet) on the node offering the highest rate at the time of staking (uCony or uBrown as shown). In this process, User A receives an NFT as proof of the staking, which is transferable and tradable. Consequently, if User B chooses not to deposit at the node with the higher interest rate, they retain the option to purchase User A&rsquo;s NFT and get a more favorable interest rate.

For those intrigued by Finschia&rsquo;s development documentation, it is available on the&nbsp;<a class="af lb" href="https://docs.finschia.network/" rel="noopener ugc nofollow" target="_blank">Finschia Docs</a>.

<h2>3. WebX Asia</h2>
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Web X, the flagship annual Web3 event hosted at Tokyo&rsquo;s largest venue in Japan, captivated more than 15,000 attendees across its two-day run. Wooseok Kim, Director of the Finschia Foundation and Business Director of LINE NEXT, delivered a keynote speech shedding LINE&rsquo;s strategic approach to Web3. The event enabled us to engage with diverse teams and immerse ourselves in Japan&rsquo;s growing passion for web-centric ventures.
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&nbsp;
Finschia Governance Member (FGM) Interview: GoodGang Labs
&nbsp;
Hello, could you please introduce yourself?
Hello, I&rsquo;m Doo-kyung Ahn, CEO of GoodGang Labs. I planned the Pudding Face Detector (an iPhone application that allows you to take a picture and find out which celebrity you resembles) at KTH and did product management for camera products such as B612 (all-in-one camera and photo/video editing app), LINE Camera, and Foodie (camera app customized for food photos) at LINE. Since then, I&rsquo;ve joined Facebook (now Meta) to lead the planning of joint product partnerships such as the Instagram Stories feature, working on platform strategy and execution while partnering with large companies.
&nbsp;
What kind of services does GooGang Labs produce?
We have three main product lines: community (communication), avatar expression technology, and NFTs. First, we&rsquo;re creating a community service called Kiki Town, and we&rsquo;re developing a solution that uses human-to-avatar technology to generate facial expressions and gestures for avatars from human faces, voices, and text. We believe that an avatar is a digital &ldquo;Mini Me&rdquo; that best represents you online, and just as there is only one you in the world, there should be only one avatar for you in the world as well. The technology that makes this possible is NFTs.
On the existing giant platforms, most of the people who contribute to the platform are not getting their fair share of the rewards. We&rsquo;re also trying to create a Talk To Earn system so that everyone can contribute and get rewarded according to their level of contribution to the avatar chat.
&nbsp;
What technology is used for real-time avatar facial expressions?
We utilize face-to-avatar technology, which employs a webcam to capture one&rsquo;s facial expressions and projects them onto an avatar without requiring any additional hardware. This technology operates seamlessly within a web browser, making it an exclusive and distinct feature.
Additionally, we have incorporated text-to-avatar technology. In today&rsquo;s AI-driven landscape, a substantial amount of content is generated in text form, which many not be as visually engaging as video. To address this, we&rsquo;ve adopted generative AI technology that enables avatars to convey facial expressions and body language that align with the provided text. In essence, users can input text, and the avatar will deliver the message in a human-like manner.
&nbsp;
How did you get involved with Finschia?
Faith and trust are pivotal in leading a Web3 project. With my background at LINE, I have a strong belief in both the company and the people behind the LINE Blockchain, which serves as the precursor to Finschia. Moreover, given our primary focus on NFTs, collaborating with DOSI was naturally aligned, leading us to establish a partnership with Finschia. As we prepared to integrate DOSI NFTs into the Kiki Town platform, our connection with Finschia grew stronger.
&nbsp;
What is it like working closely with DOSI?
Currently, the avatars in the DOSI Wallet are more like single images, and initially, DOSI Citizen holders will be able to experience avatars that mimic human facial expressions by using our technology. DOSI Citizens are made in 2D while our BeerGang NFTs are based in 3D for greater entertainment. In the future, projects that join the Finschia ecosystem will be able to upload their NFTs according to our specifications, and everyone will be able to actively communicate in Kiki Town. Also, if you want to present something, you can write a manuscript in text and then use the text-to-avatar technology to make a video presentation with a DOSI NFT-based avatar that moves with your facial expressions. Once the platform project is stable, I look forward to doing more business with Finschia, where FNSA can be used as a payment method on Kiki Town and our other platforms.
&nbsp;
❖&nbsp;DOSI and GoodGang Labs are part of the Finschia ecosystem, serving as Finschia Governance Members and developing and operating services based on the Finschia network.
 &nbsp;
What is BeerGang?
BeerGang is the first avatar project that showcases the identity of GoodGang Labs. As the metaverse era is coming, they felt that the 3D era will be coming along with it, so they wanted to create avatars that express their own sensibility and allow them to fully express themselves in the 3D world. BeerGang&rsquo;s beer is a cute and fun concept that reveals the personality of GoodGang Labs in line with the essentials of crypto and Web3. Beer has the largest market size in the global beverage market, and the main crypto user base consists of men in their late 20s to early 40s. And a beer that never fails to bring the party.
&nbsp;
If so, any expectations for your participation as a Finschia Governance Member (FGM)?
&nbsp;
Currently, most Web3 projects seem to prioritize investment. However, we&rsquo;re interested in using blockchain technology to address common challenges faced by people, leveraging our experience in creating products and services. We aim to engage as a Finschia Governance Member (FGM) and work towards a user-friendly mainnet that addresses public needs.
&nbsp;
Are there any plans to offer benefits to FNSA holders who stake on GoodGang Labs node?
Of course, we&rsquo;re looking into the possibility of offering benefits to both FNSA holders and BeerGang users. We hope to work on it as we go along.
&nbsp;
Any final words?
We want to bring utility to NFTs so that users can express their digital selves, and we will continue to work hard with the Finschia Foundation to build a healthy Web3 community where everyone can be equally entertained.
&nbsp;

FINSCHIA Overview
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<h5>❖&nbsp;Data is based on the last day of each month.</h5>
&nbsp;
 
■ FNSA Market Cap: 193.34mn USD ■ FNSA Price: 27.51 USD ■ Monthly Trading Volume: 9.96mn USD ■ Circulation: 7,029,254.1 FNSA ■ Officially Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, Huobi Global, Bittrex Global
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
&nbsp;
&nbsp;
**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides the information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
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July 2023

As we reach the halfway point of the year, we send our warmest greetings to all of you.

The Finschia team is in full swing, preparing for the exciting future ahead. We are delighted to announce the forthcoming inaugural members of Finschia Governance, the driving force behind our ecosystem. With a solid foundation rooted in blockchain principles, we look forward to forging ahead to build the world&rsquo;s leading Web3 ecosystem. As we embark on this transformative journey, we humbly ask for your unwavering support and active engagement.

2023.06
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✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/128" rel="noopener ugc nofollow" target="_blank">GAME DOSI to Release Its First Web3 Game &lsquo;Frame Arms Girl: Dream Stadium&rsquo;</a>
✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/127" rel="noopener ugc nofollow" target="_blank">Global NFT Platform Launches Beta Version of DOSI Land</a>
✓ [Global NFT]&nbsp;<a class="af lb" href="https://www.tokenpost.kr/article-137645" rel="noopener ugc nofollow" target="_blank">Announcing Web3 mass adoption at METACON 2023</a>
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Finschia is going green, where on the path of ESG?
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&nbsp;
What is blockchain power consumption?
The power consumption of running a blockchain network and issuing tokens specifically refers to the amount of electrical energy required to run the actual blockchain network and compute operations such as token transactions and mining. Cryptocurrencies such as Bitcoin, Bitcoin Cash, and Litecoin rely on a consensus mechanism called Proof-of-Work (PoW) to validate transactions and maintain high security, which requires significant computational power and a massive amount of CPU power running to solve the calculations.
&nbsp;
What are the direct and indirect impacts of blockchain power consumption?
<ul>
<li>Environmental aspects:&nbsp;Bitcoin and other PoW cryptocurrencies have raised a number of environmental concerns due to their excessive CPU usage. This is because the energy-intensive mining process relies heavily on electricity, resulting in excessive carbon emissions and directly contributing to the effects of climate change.</li>
<li></li>
<li>Network scalability aspects of blockchain technology:&nbsp;As network activity increases, so does the number of participants, leading to more block generation, which in turn complicates the chain&rsquo;s computation, meaning more computation is required to solve complex operations, leading to high power consumption.</li>
</ul>
&nbsp;
What&rsquo;s the solution to this inherent problem?
There are Proof-of-Stake (PoS) methods and various consensus algorithms that require significantly less energy. In fact, many blockchain network operators are moving to PoS and are also looking to utilize renewable energy to reduce carbon emissions. Cosmos-based Finschia, which uses Delegated Proof-of-Stake (DPoS), is also helping to lead the way in green blockchain.
❖&nbsp;Ostracon is a combination of Tendermint and VRF, while Tendermint is a consensus mechanism that combines Byzantine Fault Tolerance (BFT) and PoS.
&nbsp;
How does Cosmos&rsquo; DPoS-oriented Finschia differ from the existing LINE Blockchain?&nbsp;
The difference in power consumed between PoS and PoW is over 99%.
<ul>
<li>PoS:&nbsp;8e^6kWh/tx (equal to lighting LED build for 10 seconds)</li>
<li>PoW:&nbsp;60kWh per minting 1 NFT (7.5 million times wasted than PoS)</li>
</ul>
❖&nbsp;Sourced by&nbsp;<a href="https://digiconomist.net/bitcoin-energy-consumption">Bitcoin Energy Consumption Index by Digiconomist</a>)
&nbsp;
How does Finschia work to minimize power consumption?
Finschia is based on Ostracon, which is a combination of BFT and VRF algorithms that go beyond the PoS. Due to the way the network is implemented, it is necessary to continuously make efforts to make power usage more efficient in order to maintain low power and build an eco-friendly blockchain environment. Therefore, we pay attention to compatibility and stability so that the Finschia network can run smoothly even on low-power devices.
&nbsp;
As of 2023/7/9
<ul>
<li>1 validator: 924.3756kWh</li>
<li>8 validators: 7400.00kWh</li>
</ul>
❖&nbsp;Finschia power consumption measures the total power of the system running the node, not the algorithm.
&nbsp;
What challenges will Finschia continue to face in the future?
Finschia, encompassing all its products, services, and platforms like DOSI, AVA, and AlphaCrewz, is actively involved in Sustainable Development Goals (SDG) and Environmental, Social, and Governance (ESG) initiatives. In Japan, we are dedicated to promoting ESG activities and will ensure transparent and accurate disclosure of Finschia&rsquo;s power consumption, supported by relevant evidence. Moreover, we are committed to enhancing the stability and scalability of our network to facilitate numerous blockchain activities without necessitating additional energy consumption. ( &gt;&nbsp;Read&nbsp;<a href="https://medium.com/@finschia/en-line-blockchain-monthly-newsletter-apr-2022-9d2ebc359459">Eco-friendly LINE Blockchain offers blockchain with low power consumption</a>)
&nbsp;
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<h2></h2>
Interview: Finschia community manager
&nbsp;
Please introduce yourself.
Hello. I&rsquo;m Admin, and I&rsquo;m in charge of operating and managing the Finschia community.
&nbsp;
Have you ever bought any DOSI NFTs?
I&rsquo;ve bought a lot of NFTs, including DOSI Citizen, LG Twins, Catbotica, AlphaCrewz, and BeerGang. I&rsquo;m sure I&rsquo;m probably one of the most prolific buyers of DOSI NFTs among the LINE NEXT members (laughs). I&rsquo;ve bought so many. Really a lot.
&nbsp;
I&rsquo;ve heard that the staff involved in the Finschia project are restricted from trading FNSA. How do you feel about this restriction, such as not being able to buy NFTs on DOSI with FNSA?
It&rsquo;s a bit unfortunate that when I buy NFTs with NAVER Pay or ETH, I get less DON rewards than when I pay with FNSA. I think FNSA is too easy to use and the payment process is too fast, so it&rsquo;s a disadvantage for us when buying popular NFTs. There have been times when I&rsquo;ve failed to buy NFTs on DOSI because they were sold out before I even got to the payment screen; this means that the&nbsp;interface of the DOSI app is too fast and the payment compatibility with FNSA is too good. Still, I&rsquo;m sure I&rsquo;m not alone and that many other people like me feel the same way. Putting all these inconveniences behind me, I hope that the way internal employees buy and trade FNSA will be made more flexible by pre-reporting to the management or something.
&nbsp;
How do you plan to manage the Finschia community in the future?
We&rsquo;ll be introducing a feature to verify FNSA holders on the Finschia Discord soon, and once that&rsquo;s in place, we&rsquo;ll be building a community around FNSA holders. How will we define who they are? We will add the FNSA logo to the right of the holder&rsquo;s nickname so that they can easily identify themselves as an FNSA holder. We will also create a dedicated channel for holders to communicate with each other in an effective way. From time to time, we will run holder polls to gather opinions on issues that need to be addressed by the community. In addition, we will continue to expand the benefits for holders, such as the whitelisting of DOSI NFTs.
&nbsp;
What are Finschia&rsquo;s marketing plans?
Since rebranding to Finschia, we&rsquo;ve been discussing the direction of our marketing from the ground up. While the previous LINE Blockchain was more LINE-focused, the third-generation mainnet Finschia is a public blockchain, and we want to raise its brand awareness to the global #1 Web3 blockchain infrastructure. First of all, we will continue to participate in blockchain conferences at home and abroad to promote Finschia, and as we aim to be a leader in the Web3 ecosystem, we will also conduct marketing in the Web3 style. We&rsquo;ve recently met with Web3-focused marketing agencies, and we&rsquo;re also researching the methods used by existing Web3 projects. We&rsquo;ll look at all the different approaches and incorporate them into our marketing in a way that will have the greatest impact.
&nbsp;
How do you see DOSI and its community?
DOSI is a key partner in providing an easy and convenient Web3 experience within the Finschia ecosystem and a major user of FNSA. Personally, I think the success of DOSI is very important because it can set a precedent for other app/dApp developers to join the Finschia ecosystem. Just as we introduced the Zero reserve policy last year and set a new benchmark for the token economy in the blockchain industry, I think the performance of DOSI will also set a benchmark for many other app/dApp developers. I&rsquo;m sure DOSI&rsquo;s success will greatly encourage other developers and partners who want to join the Finschia ecosystem.
&nbsp;
There seems to be lack of information provided by Finschia compared to the DOSI community.
First of all, I would like to point out that there is a difference in the environment between Finschia and DOSI. In the case of DOSI, our partner, we&rsquo;ve already launched the service and have several projects on board with more expected to come, so it&rsquo;s easy to communicate with them immediately because every update is news.
&nbsp;
However, Finschia is in transition to a public network and we are awaiting the launch of Finschia Governance, so there is limited news to share. Finschia is an infrastructure that is central to all dApps, so we have to be careful about sharing big news. The regulatory environment is currently being established, but internally we are trying to operate with a level of transparency comparable to that of public companies. However, we expect to be able to share more announcements as the number of dApps serviced within the Finschia ecosystem grows.
&nbsp;
What are some of the challenges of running a community?
There&rsquo;s a lot going on under the hood; it&rsquo;s a really busy place, and the challenge is when we don&rsquo;t communicate how hard we&rsquo;re working. I also think that if we can fully explain what we&rsquo;re doing and what we&rsquo;re preparing for, it will make a big difference in how the community views Finschia. On the one hand, I think that in the blockchain industry, sensationalism is the norm, so this difference is more visible.
&nbsp;
In reality, every project has a different environment, so I think it&rsquo;s important for me to do what I can right now and solve the problem properly, and I think that&rsquo;s what I have to overcome in the end. I do get criticized for being in a slow phase, but I don&rsquo;t think we ever go completely off course because we release things when they&rsquo;re almost 100% confirmed. I shudder to think that I could have joined another organization and run a community for a morally questionable project (laughs).
&nbsp;
What dApps are you most looking forward to in the Finschia ecosystem?
I&rsquo;m most excited about GAME DOSI! GAME DOSI will introduce a type of Web3 game that has never been seen before, emphasizing &ldquo;Gamers First,&rdquo; unlike the existing P2E (Play to Earn) games. The idea of not only owning NFTs or receiving benefits but linking them to real games in a Web3 style so that gamers can have a different kind of fun is very appealing.
&nbsp;
I&rsquo;ve also recently heard that GAME DOSI is collaborating with numerous famous global game companies, so I think there will be a lot of fun and high quality Web3 titles. In addition to the current line-up, there will be a lot of different games, so I expect that game lovers will continue to get exciting news in the future.
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&nbsp;
I heard that you are also close to the GAME DOSI team. If you had to choose between working late with your boss Woosuk or having a coffee with GAME DOSI leader Kiwoong, which would you choose?
Haha, this is &ldquo;Would You Rather,&rdquo; right? I would love to have a cup of hand-drip coffee with Kiwoong and hear his insights on the gaming industry. I&rsquo;m a bit of a gamer myself (laughs). And after I&rsquo;m caffeinated, I&rsquo;ll be off to work late with Woosuk!
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❖&nbsp;This interview has been comprised of questions asked frequently to admin on Finschia Discord.
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FINSCHIA Overview
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1698055154694.png?updatedAt=1698055155000" width="654" height="609" alt="" /> 
<h5 id="222e" class="pw-post-body-paragraph mg mh fr mi b mj pn ml mm mn po mp mq mr pp mt mu mv pq mx my mz pr nb nc nd fk bj">❖&nbsp;Data is based on the last day of each month.</h5>
 
■ FNSA Market Cap: 207.24mn USD ■ FNSA Price: 29.86 USD ■ Monthly Trading Volume: 17.40mn USD ■ Circulation: 6,939,925.3 LN ■ Officially Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, Huobi Global, Bittrex Global
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a href="https://twitter.com/finschia">Twitter</a>ㅣ<a href="https://www.facebook.com/finschia">Facebook</a>&nbsp;l&nbsp;<a href="https://discord.gg/finschia">Discord</a>
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**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides the information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.&nbsp;
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June 2023

Dear valued Finschia community members,
Greetings from the Finschia Foundation.

It has been quite some time since our last newsletter, and we hope this message finds you in good health and great spirits. During the newsletter hiatus, LINE Blockchain has undergone a remarkable transformation, reemerging as Finschia: a dynamic entity responsible for operating the mainnet and FNSA. In this exciting new chapter, Finschia is dedicated to leading the Web3 ecosystem in close collaboration with LINE, its affiliates, and an impressive network of partners over a wide variety industries.

With the key principles of Finschia and our vision of &ldquo;Blockchain for All,&rdquo; our newsletter will offer a diverse range of engaging content that encompasses the entire Finschia ecosystem. We can&rsquo;t wait to share all of the captivating news and updates that lie ahead on our journey.

Now we have only one step left to transition to a public blockchain through the consortium system. As the participation of leading partners is critical in establishing a healthy Finschia ecosystem, we will disclose the list of governance members and provide Finschia participants with flexible opportunities to choose nodes according to their preferences.

With great enthusiasm and anticipation, we cordially invite you to join us as we embark on this exciting path together.

2023.03
✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/ko/2023/4520" rel="noopener ugc nofollow" target="_blank">Integration of DOSI Wallet and LINE BITMAX Wallet</a>
✓ [Global NFT]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=3&amp;board-id=7985" rel="noopener ugc nofollow" target="_blank">DOSI Vault mobile app supports LINK (LN) payment</a>

2023.04
✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/ko/2023/4542" rel="noopener ugc nofollow" target="_blank">Global NFT platform &lsquo;DOSI&rsquo; launches the membership NFT &lsquo;DOSI Citizen&rsquo; in Japan</a>
✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/122" rel="noopener ugc nofollow" target="_blank">LINE NEXT launches 3D avatar platform &lsquo;AlphaCrewz&rsquo; beta</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=2&amp;board-id=8079" rel="noopener ugc nofollow" target="_blank">LINK(LN) staking beta service starts</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/123" rel="noopener ugc nofollow" target="_blank">Finschia Foundation established to operate 3rd-generation mainnet and crypto asset FNSA</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=2&amp;board-id=8186" rel="noopener ugc nofollow" target="_blank">Finschia whitepaper 3.0 released</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=2&amp;board-id=8175" rel="noopener ugc nofollow" target="_blank">Finschia releases the roadmap for the first half of 2023</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=2&amp;board-id=8290" rel="noopener ugc nofollow" target="_blank">Finschia releases the Service Contribution Reward (SCR) policy</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=2&amp;board-id=8296" rel="noopener ugc nofollow" target="_blank">LINE Blockchain mainnet and LINK(LN) officially rebrands to Finschia and FINSCHIA (FNSA)</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=1&amp;board-id=8333" rel="noopener ugc nofollow" target="_blank">FINSCHIA (FNSA) listed on Bittrex Global</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=1&amp;board-id=8327" rel="noopener ugc nofollow" target="_blank">Successful upgrade of Ebony testnet</a>

2023.05
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✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/124" rel="noopener ugc nofollow" target="_blank">LINE launches entertainment NFT platform &lsquo;AVA&rsquo;</a>
✓ [Global NFT]&nbsp;<a class="af lb" href="https://linepluscorp.com/pr/news/global/2023/125" rel="noopener ugc nofollow" target="_blank">GAME DOSI releases 5 new titles</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=1&amp;board-id=8423" rel="noopener ugc nofollow" target="_blank">Finschia appoints DOSI as the first service contributor</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=1&amp;board-id=8428" rel="noopener ugc nofollow" target="_blank">Successful transition to the 3rd-generation mainnet Finschia</a>
✓ [Finschia]&nbsp;<a class="af lb" href="https://www.finschia.network/notice-2/?board-page=1&amp;board-id=8488" rel="noopener ugc nofollow" target="_blank">DOSI Vault mobile app supports FNSA staking service</a>
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Message by Youngsu Ko
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1698054818212.png?updatedAt=1698054818000" width="360" height="480" alt="Youngsu Ko, the Chairman of the Finschia Foundation Council, CPO of LINE Messenger &amp; CEO of LINE NEXT" style="display: block; margin-left: auto; margin-right: auto;" />
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Hello, this is Youngsu Ko, the chairman of the Finschia Foundation Council.

First of all, I would like to express my deep gratitude to the community for supporting and being with us.

The predecessor of Finschia, LINE Blockchain, has faced various challenges in the rapidly changing environment with massive investments from LINE over the past 5 years. Thanks to experiences of running LINE Blockchain businesses, we have gained not only valuable assets but also valuable experience, which has given us the confidence and belief that we can contribute to the mass adoption of Web3, where blockchain technology is essential. In April, we established the Finschia Foundation to transition to a public chain that is essential for the ultimate goal of the mass adoption of Web3. We have successfully completed the upgrade to the Finschia mainnet, which we have been preparing as a top priority, and we are ready to keep moving forward.

Along with prestigious global partners, the Finschia Foundation plans to introduce dApps (decentralized applications) that can be enjoyed and used by the average user in pursuit of the goal of mass adoption of Web3. We expect the newly initiated Finschia Token Economy to grow significantly through these endeavors.

Once again, we&rsquo;d like to sincerely thank everyone in the community for your support and encouragement, which have helped provide us with a foundation to take on these challenges and continue moving forward.

Furthermore, the Finschia Foundation has been preparing the groundwork to create a substantial and transparent ecosystem since its consortium launch, and we&rsquo;re striving to support the community and dApp partners to foster the growth of the Finschia ecosystem. The Finschia Foundation will inherit the vision of LINE Blockchain, &ldquo;Blockchain for All,&rdquo; and work with LINE, its affiliates, and numerous dApp partners to create new user experiences and make FINSCHIA (FNSA) widely used in the Web3 environment and by billions of people.

I hope you&rsquo;ll stick around to see what&rsquo;s coming up with Finschia in the future.

Best regards,
Youngsu Ko
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FINSCHIA Overview
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1698054899490.png?updatedAt=1698054900000" width="660" height="614" alt="" style="display: block; margin-left: auto; margin-right: auto;" /> 
<h5 id="222e" class="pw-post-body-paragraph mg mh fr mi b mj pn ml mm mn po mp mq mr pp mt mu mv pq mx my mz pr nb nc nd fk bj">❖&nbsp;Data is based on the last day of each month.</h5>
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■ FNSA Market Cap: 242.20mn USD ■ FNSA Price: 35.33 USD ■ Monthly Trading Volume: 18.80mn USD ■ Circulation: 6,855,389.2 LN ■ Officially Listed Exchanges: LINE BITMAX, Bithumb, Gate.io, Huobi Global, Bittrex Global
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Follow Finschia on Twitter and subscribe to Medium for the latest news and updates. A monthly newsletter is issued on the 10th of each month or on the following business day in the event of weekends or holidays. Any delay, omission, or other issues will be notified in advance through our official social channels.
<a class="af pk" href="https://twitter.com/linebc_global" rel="noopener ugc nofollow" target="_blank">Twitter</a>&nbsp;l&nbsp;<a class="af pk" href="https://www.facebook.com/line.blockchain" rel="noopener ugc nofollow" target="_blank">Facebook</a>&nbsp;l&nbsp;<a class="af pk" href="https://discord.gg/2WKdP9a8HP" rel="noopener ugc nofollow" target="_blank">Discord</a>

**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides the information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.
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May 2023

■ Transitioned from 2nd-generation mainnet &ldquo;Daphne&rdquo; to 3rd-generation public mainnet &ldquo;Finschia&rdquo;
■ Mainnet upgrade will enable a consortium system to be established, where community members directly participate in decision-making 
■ Crypto asset LINK (LN) renamed as FINSCHIA (FNSA)
&nbsp;
ABU DHABI, United Arab Emirates &ndash; May 30, 2023 &ndash; The Finschia Foundation, the Abu Dhabi-based non-profit organization that is the independent successor to LINE Blockchain&rsquo;s mainnet and digital asset operations, has completed the transition of the second-generation blockchain mainnet, &ldquo;Daphne&rdquo;, to the third-generation public mainnet, &ldquo;Finschia.&rdquo; It also changed the name of the native crypto asset LINK (LN) to FINSCHIA (FNSA).
&nbsp;
The Finschia Foundation (&ldquo;the Foundation&rdquo;) was established in March by LINE's blockchain business subsidiary LINE Tech Plus to expand its Web3 business and to achieve a sustainable token model for Web3 users around the world.
&nbsp;
The mainnet upgrade, which was completed on May 25, was conducted to establish a consortium structure &mdash; where leading companies in a variety of industries will participate as members and make direct decisions on major policies for the Finschia ecosystem. The new structure, Finschia Governance 2.0, will be introduced later this year when the Foundation will transfer key decision-making power to governance members to build a fair and transparent token economy.
&nbsp;
The integrated mainnet now offers the issuance and management services of both FINSCHIA (FNSA) and FTs/NFTs (Fungible/Non-Fungible Tokens). The IBC (Inter-Blockchain Communication) technology that enables data transportation between different blockchain ecosystems, was also introduced to help external developers securely onboard the Finschia ecosystem.
&nbsp;
Data from the 2nd generation mainnet Daphne has been integrated into Finschia so that the amount of crypto assets and staking history held by the existing Finschia will remain the same. Users will be rewarded for their contributions to the existing Finschia ecosystem in a fair and transparent manner in accordance with the Token Economy 2.0 policy.
&nbsp;
Along with the mainnet integration, the Finschia Foundation also renamed its crypto asset LINK (LN) to FINSCHIA (FNSA). By renaming both the existing mainnet to Finschia and the crypto asset to FINSCHIA, the Foundation aims to build a public blockchain platform that can be easily used by partners and users not only with LINE, but also from various fields.
&nbsp;
"The new blockchain mainnet will be able to provide a more stable and transparent blockchain platform," said Youngsu Ko, Chairman of the Finschia Foundation Council. "Our goal is to grow into an ecosystem centered on the popularization of Web3 under the new name 'Finschia'."
&nbsp;
Moreover, following the Foundation's announcement of the service contribution reward policy for users who enhance the value of the Finschia ecosystem in April, the global NFT platform DOSI was introduced as the first service contributor on May 24. Any user who contributes to Finschia by making payments and transactions with FINSCHIA (FNSA) can register as a contributor and will be rewarded based on their contribution. Users wanting to be contributors can register through the Foundation (contact@finschia.org).
&nbsp;
# # #
&nbsp;
&nbsp;About Finschia Foundation
The Finschia Foundation is an independent non-profit organization, based in Abu Dhabi, UAE, established in March 2023 to expand public blockchain and Web3 technologies. Inheriting the philosophy of LINE Blockchain, &ldquo;Blockchain for All&rdquo;, the Foundation operates its third-generation public blockchain mainnet "Finschia" and crypto asset FINSCHIA (FNSA), and aims to achieve a sustainable token model with Web3 users around the world.
&nbsp;
Disclaimer: The FINSCHIA (FNSA) staking and swapping activities available on the blockchain mainnet &ldquo;Finschia&rdquo; are not regulated and are not provided under the Finschia Foundation license.

Finschia Foundation upgrades blockchain mainnet, renaming crypto asset LINK (LN) to FINSCHIA (FNSA)

■ Based in the UAE, the Finschia Foundation aims to accelerate the expansion of LINE&rsquo;s Web3 businesses on a global scale
■ The Finschia Foundation has published a white paper featuring Token Economy 2.0 and its governance structure&nbsp;
&nbsp;&nbsp;
SEONGNAM, South Korea &ndash; April 17, 2023 &ndash;&nbsp;LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE&rsquo;s blockchain-related businesses, announced today the establishment of the Finschia Foundation, a non-profit organization based in Abu Dhabi, United Arab Emirates, for operating its third-generation blockchain mainnet &ldquo;Finschia&rdquo; and crypto asset LINK (LN).
&nbsp;
In addition to operating LINE&rsquo;s third-generation blockchain mainnet and LINK, the Finschia Foundation plans to gradually transition its governance system into a consortium structure for decentralization. The goal is to build a transparent token economy while ensuring the stable operations of Finschia in association with governance members and several partners.
&nbsp;
The Finschia Foundation was established as part of LINE&rsquo;s Token Economy 2.0 strategy announced last year. It also plans to introduce Finschia Governance, a structure designed to strengthen the Finschia ecosystem. In conjunction with Token Economy 2.0, LINE previously announced a &ldquo;zero reserve&rdquo; policy in which no reserve of pre-minted tokens.
&nbsp;
The Finschia Foundation aims to achieve a sustainable token model for Web3 users around the world under LINE Blockchain&rsquo;s mission of &ldquo;Blockchain for All.&rdquo; The Finschia Foundation will create a blockchain platform in which anyone can participate through features such as on-chain governance to allow the community to make decisions, LINK staking, and programmable contracts. Contribution rewards are also available for users who stake LINK or contribute to the Finschia ecosystem.
&nbsp;
LINE Blockchain&rsquo;s existing second-generation blockchain mainnet, "Daphne," will be migrated into Finschia. The integration will make both types of token standards available on Finschia, including the issuance and management of LINK and FT/NFT (Fungible/Non-Fungible Tokens).
&nbsp;
&ldquo;Establishing the Finschia Foundation is an important milestone for LINE Blockchain to move towards a public mainnet,&rdquo; said Woosuk Kim, CEO of LINE Tech Plus. &ldquo;With the Finschia Foundation, we will continue to operate a stable and systematic token economy for the expansion of our Web3 ecosystem.&rdquo;
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The Finschia Foundation also issued a new white paper about the it&rsquo;s plans and policies for operating the new Finschia ecosystem. Details can be found on the official website (finschia.network/whitepaper).
###
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■ About LINE Corporation
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.

Disclaimer: The FINSCHIA (FNSA) staking and swapping activities available on the blockchain mainnet &ldquo;Finschia&rdquo; are not regulated and are not provided under the Finschia Foundation license.

LINE Establishes Finschia Foundation to Operate 3rd-Gen Blockchain Mainnet & Crypto Asset LINK

February 2023

■ Limited edition of 300,000 Carnival of Barranquilla-themed DOSI Citizen NFTs to be given to newly-joining users
■ Promotion designed to introduce DOSI and NFTs to South American users through a major cultural event
■ Expanding DOSI to North and South America market based on NFT user growth there
&nbsp;
SEONGNAM, South Korea &ndash; February 15, 2023 &ndash;&nbsp;LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, is bringing the fun and excitement of NFTs to one of South America&rsquo;s biggest and most exciting festivals &mdash; Colombia&rsquo;s Carnival de Barranquilla. Starting today, limited edition Carnival de Barranquilla-themed DOSI Citizen NFTs are being given away to new users on its global NFT platform DOSI.
&nbsp;
The Carnival de Barranquilla, a Colombian festival held each year over the four days before Lent (this year, February 18-21), blending European, African and Colombian cultures and traditions through music and dance. It is one of the biggest festivals in South America and is listed on the UNESCO Intangible Cultural Heritage List. The Carnival de Barranquilla-themed DOSI Citizen NFTs are based on the Marimonda character, which represents the Carnival and looks like a cross between an elephant and monkey.
&nbsp;
Users who sign up for DOSI Wallet, DOSI&rsquo;s dedicated NFT wallet service, in February can receive one of the limited edition of 300,000 Carnival de Barranquilla-themed DOSI Citizen NFTs. The DOSI Citizen NFT is the official membership NFT automatically given to users when they sign up for a DOSI Wallet. For this promotion, 300,000 users will receive Carnival de Barranquilla-themed DOSI Citizen NFTs instead of the original DOSI Citizen character NFTs for their membership.
&nbsp;
With the membership, users can acquire membership points called DON by participating in community activities or according to their NFT purchase amounts. Using the points gained, users can upgrade their DOSI Citizen membership levels or participate in events to win various NFT prizes.
&nbsp;
To create the special NFTs, LINE NEXT collaborated with Monster Truck Ninja, a leading 2D/3D animation studio with strong cultural connections in South America, as part of LINE NEXT&rsquo;s goal of bringing NFTs and DOSI to the world. Monster Truck Ninja offers their own digital collectible brand called &ldquo;Bacano Go!, and has experience collaborating with many global brands in creating 2D/3D animations. The number of NFT users in South America is growing significantly these days, so LINE NEXT decided to expand into the South American market.
&nbsp;
LINE NEXT also plans to hold a range of events where Barranquilla-themed DOSI Citizen NFT holders can get points or limited edition Barranquilla NFTs. Details regarding DOSI Citizen can be found on the DOSI website (https://dosi.world). DOSI rapidly growing around the world, with more than 2 million wallets issued on LINE Blockchain in the first four months after DOSI&rsquo;s beta launch. To further popularize NFTs, LINE NEXT aims to introduce NFTs based on a wide range of cultures around the world that are familiar to global users.
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###
&nbsp;
■ About LINE NEXT Inc.
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.

LINE NEXT Brings DOSI Citizen NFTs to Colombia’s Carnival de Barranquilla

January 2023

■ Using LINK, users can save 98% on gas fees and receive additional reward points
■ LINK added to realize multi-currency trading system with more crypto asset options&nbsp;
&nbsp;
SEONGNAM, South Korea &ndash; January 19, 2023 &ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, announced today that it has added LINE&rsquo;s crypto asset LINK as a payment method on the global NFT platform DOSI.
&nbsp;
Users can now pay with LINK on DOSI by connecting DOSI Wallet with LINK&rsquo;s non-custodial wallet called DOSI Vault. Users can also make purchases using credit cards, Naver Pay, and Ethereum on their DOSI Wallet&mdash;however, when paying with LINK, the gas fee (commission fee) is reduced by 98% and the trading speed is 400 times faster compared to Ethereum. Also, an additional 30% of membership points called DON will be given based on trading amounts, compared to other payment methods.
&nbsp;
By adding LINK as a payment method, LINE NEXT further expands its multi-currency trading system and will add more options in the future. Additionally, this marks LINK&rsquo;s debut as a global payment method, strengthening the LINE Blockchain ecosystem.
&nbsp;
Details on how to pay with LINK can be found on DOSI website. (<a href="https://dosi.world">https://dosi.world</a>).
&nbsp;
&ldquo;With the addition of LINK, LINE NEXT is the first NFT platform to provide multi-currency trading options that includes credit cards, local mobile payment services and crypto assets,&rdquo; said Youngsu Ko, CEO of LINE NEXT. &ldquo;Giving users more choices will expand the NFT market along with LINK&rsquo;s token economy.&rdquo;
&nbsp;
Since DOSI&rsquo;s beta launch in September last year, over 1 million wallets have been issued based on LINE Blockchain. In fact, DOSI was ranked second among all NFT platforms in transaction count with more than 5,000 transactions made daily, according to numbers released on Jan. 8, 2023, by DappRadar, the leading NFT and DeFi app store. Furthermore, the total number of times that users participated in the events organized by DOSI Adventure has surpassed 2 million. To continue driving that growth, DOSI plans to add more NFT projects to broaden the NFT options available to our users around the world.
&nbsp;
###
&nbsp;
■ About LINE NEXT Inc.
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.

LINE NEXT Introduces Crypto Asset LINK as Payment Method on Global NFT Platform DOSI

December 2022

■ Finschia provides a network 400 times faster in trading speed and reduces costs by 98% compared to Ethereum&nbsp;
■&nbsp;A milestone for the LINE Blockchain Ecosystem to realize the true value of Web3
■ Plans to launch a non-custodial wallet called &lsquo;DOSI Vault&rsquo; for the crypto asset LINK in the coming days&nbsp;
&nbsp;
SEONGNAM, South Korea &ndash; December 23, 2022 &ndash; LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's crypto asset and blockchain-related businesses, announced today that LINE has launched &ldquo;Finschia,&rdquo; its 3rd generation blockchain mainnet, to provide an open network to public.
&nbsp;
LINE developed its own blockchain mainnet in 2018 and built a blockchain ecosystem through introducing services like its crypto asset LINK, crypto asset trading services, a crypto asset wallet and an NFT marketplace. Now, with the new blockchain mainnet Finschia, LINE aims to become a more robust blockchain ecosystem with advanced functionality and stability. This is the first milestone in the LINE blockchain ecosystem to realize the true value of Web3 that anyone can easily and freely produce, trade, and earn rewards.
&nbsp;
Named after the tropical tree, Finschia has added numerous features to improve functionality, speed, and stability. Using Ostracon, its own consensus algorithm, which adds VRF (Verifiable Random Function) to the Cosmos consensus algorithm. With its improvements, Finschia is 400 times faster in trading speed and reduces costs by 98% compared to Ethereum. In addition, Finschia has introduced contribution-based rewards where users and developers can receive rewards based on what they have contributed to expanding the blockchain ecosystem.
&nbsp;
With the launch, LINE plans to open the network to developers regardless of their experience in blockchain services and will provide them with an environment where they can easily develop dApps with the full node on Finschia or LINE Blockchain Developers. Through Finschia, developers can collaborate with LINE&rsquo;s services and utilize LINE&rsquo;s knowhow to develop user-friendly blockchain services. Details on Finschia can be found on the LINE Blockchain Website (https://www.finschia.network/).
&nbsp;
&ldquo;We are pleased to introduce Finschia, where we can cooperate with other developers to unlock the possibilities of our blockchain network,&rdquo; said Youngsu Ko, CEO of LINE NEXT. &ldquo;We look forward to creating a new blockchain ecosystem and expanding LINE&rsquo;s token economy based on crypto asset LINK.&rdquo;
&nbsp;
Furthermore, LINE plans to combine the current mainnet, called Daphne, with Finschia, unifying the blockchain mainnet where all blockchain services operate. Also, LINE intends to launch DOSI Vault, a non-custodial wallet dedicated to the crypto asset LINK in the coming days. With full control of the wallet, users will be able to manage LINK faster, safely, and easily with lower gas fees. Based on Finschia and DOSI Vault, LINE aims to extend its token economy by inviting users who are not yet familiar to blockchain through easy-to-use services with stability and safety.
&nbsp;
###
&nbsp;
■ About LINE Corporation
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.

LINE Launches Blockchain Mainnet ‘Finschia’

November 2022

■ LINE NEXT launches teaser site for GAME DOSI, an all-in-one platform for Web3 games
■ Using LINE&rsquo;s proven knowhow and blockchain technology, GAME DOSI to provide easy solutions for blockchain game developers and exciting contents for users
&nbsp;&nbsp;
SEONGNAM, South Korea &ndash; November 14, 2022 &ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, today opened a teaser website for GAME DOSI, a Web3-based game platform that further expands the ecosystem of the global NFT platform DOSI.
&nbsp;
With the slogan "Gamer First, Web3 Next,&rdquo; GAME DOSI is a Web3, blockchain-based gaming platform that aims to provide fun and engaging games that users can enjoy without worrying about understanding the details of decentralized or crypto technology. Users can own digital goods and trade them easily in the Web3 games thanks to the intuitive UX GAME DOSI offers. In addition, GAME DOSI provides solutions to enable game developers to conveniently create their own blockchain-based Web3 games and build communities.
&nbsp;
An all-in-one platform built using LINE&rsquo;s knowhow and technology, GAME DOSI includes:

▸ An easy-to-use development kit tool and administrative system
▸ Legal support, to help developers check regulations and risks in their game development
▸ Marketing and promotion support, utilizing marketing solutions on LINE&rsquo;s services
▸ &ldquo;Tokenomics&rdquo; consulting, to advise in creating token economies optimized for each game
▸ Community building features
▸ Ready-made assets and open source resources for convenient game development.
&nbsp;
Users can now take a first look at the GAME DOSI branding page (https://game.dosi.world/), and game pre-sales to be launched soon.
&nbsp;
LINE NEXT continues to work on popularizing NFTs through expanding its services, with the recent opening of a DOSI C2C marketplace, the addition of membership benefits to DOSI Citizen and the launch of DOSI Adventure. By opening GAME DOSI, LINE NEXT looks forward to creating immersive Web3 games with game developers and accelerating the growth of Web3 gaming.
&nbsp;
###
&nbsp;
■ About LINE NEXT Inc.
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.

Take a First Look at Web3 Gaming Platform GAME DOSI

October 2022

■ Marketplace establishes a comprehensive NFT marketplace between users
■ More than 100,000 DOSI Wallets issued since beta launch in September
■ Ethereum added to available payment methods as LINE NEXT&rsquo;s NFT ecosystem continues to grow
&nbsp;
SEONGNAM, South Korea &ndash; November 8, 2022 &ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, announced today that it has opened its consumer-to-consumer (C2C) marketplace on the global NFT platform DOSI. With the opening of the C2C trading service, users around the world can buy or sell NFTs purchased from brand stores with other users.
&nbsp;
Together with DOSI Wallet, DOSI Adventure, Citizenship and other features, DOSI offers a complete NFT ecosystem so users can enjoy their NFT experience to the fullest. With the DOSI Citizen membership program, users can acquire membership points called DON by participating in community activities or according to their NFT purchase amounts. Using the points gained, users can upgrade their DOSI Citizen levels up to Level 4 or participate in a DOSI Adventure to win various NFT prizes.
&nbsp;
<img class="aligncenter size-full wp-image-7633" src="https://www.finschia.network/wp-content/uploads/2022/12/dosicitizenen.jpeg" alt="" width="541" height="283" style="display: block; margin-left: auto; margin-right: auto;" />
&ldquo;At LINE NEXT, we are determined to create a new kind of NFT experience for users,&rdquo; said Youngsu Ko, CEO of LINE NEXT. &ldquo;It&rsquo;s not just an investment or a new kind of technology. For us, DOSI is about making NFTs fun and easy to use, creating benefits for our users and building communities.&rdquo;
&nbsp;
Since the DOSI beta launch in September, DOSI has already attracted users from 149 countries and issued more than 100,000 DOSI Wallets with 170,000 membership NFTs. DOSI has sold a total of five NFT collections from its initial NFT stores, including Hellbound, which is based on the No. 1 webtoon series; NOW. Drops&rsquo; NFTs of girl group NMIXX from JYP Entertainment; &ldquo;DIA NFT&rdquo; by CJ ENM's DIA TV; and, Naver Sports&rsquo; LG Twins NFTs. In addition, DOSI is diversifying the NFT experience by providing artist sponsorships through votes held by NFT holders and engaging in Ask-Me-Anything sessions with original creators. To help make NFTs more familiar to users in the future, LINE NEXT plans to launch a diverse range of additional NFT projects.
&nbsp;
###
&nbsp;
■ About LINE NEXT Inc.
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.

LINE NEXT Launches C2C Marketplace on Global NFT Platform DOSI

■ On the Huobi Global exchange, users will be able to trade LINK with Bitcoin and Tether
&nbsp;
UPDATE (Oct. 28): LINK&rsquo;s listing date on Huobi has been changed to November 8.
&nbsp;
SEONGNAM, South Korea &ndash; October 27, 2022 &ndash;&nbsp;LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's crypto asset and blockchain-related businesses, announced today that LINE&rsquo;s crypto asset LINK (LN) will be listed on Huobi Global, one of the world's leading crypto asset exchanges, beginning tomorrow (Oct. 28).
&nbsp;
Established in 2013, Huobi is the world&rsquo;s sixth-largest crypto exchange by trading volume (according to CoinMarketCap statistics) and offers more than 500 cryptocurrencies. Through Huobi, users will be able to trade LINK with Bitcoin (BTC) and Tether (USDT), as LINE continues to expand the global reach and liquidity of its crypto asset.
&nbsp;
With the listing, LINK will be available on six crypto asset exchanges: LINE BITMAX, BITFRONT, Bithumb, MEXC, Gate.io, and Huobi. Details on the listing can be found on Huobi website (www.huobi.com).
&nbsp;
In addition, LINE is leading the popularization of NFTs through user-friendly services on its NFT platforms. LINE NFT, an NFT marketplace in Japan, recently launched a simple NFT airdrop service for LINE messenger users, allowing companies and content holders to easily distribute NFTs through QR codes, and allowing users to receive NFTs with just a few steps. Furthermore, DOSI, a global NFT platform, has introduced DOSI Adventure, where users with DOSI Citizen membership can receive NFTs by participating in a wide range of promotions.
&nbsp;
###
&nbsp;
■&nbsp;LINK Overview
&bull; Name: LINK (LN)
&bull; Issuer: LINE TECH PLUS PTE. LTD.
&bull; Unit: LINK
&bull; Number of tokens issued: Limited to 1 billion (800 million to be issued as user incentives and 200 million are LTP&rsquo;s reserves)
&bull; Description: LINK is a crypto asset issued using LINE Blockchain (formerly called LINK Chain), LINE&rsquo;s proprietary private blockchain network.
&nbsp;
■&nbsp;About LINE Corporation
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.

LINE’s Crypto Asset ‘LINK’ Joins Huobi

September 2022

■&nbsp;With the listing on Gate.io, users can trade LINK with Bitcoin and Tether
&nbsp;
&nbsp;SEONGNAM, South Korea &ndash; September 27, 2022&nbsp;&ndash; LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's crypto asset and blockchain-related businesses, announced today that LINE&rsquo;s crypto asset LINK is coming to Gate.io, one of the world's leading cryptocurrency exchanges, beginning Sept. 28.
&nbsp;
BITFRONT, Bithumb, MEXC and Gate.io. This is the first external exchange to offer trading between LINK with Tether, in addition to offering trading in Bitcoin, and LINE plans to continue adding exchanges so that more global users can trade LINK.
&nbsp;
Established 2013, Gate.io offers more than 1,300 crypto assets for trading and is used by more than 12 million users in 130 countries.
&nbsp;
To celebrate the listing, LINE and Gate.io are carrying out a &ldquo;Startup&rdquo; event, which will give out LINK worth US$150,000 in proportion to each user&rsquo;s contribution. Details regarding the event can be found on the Gate.io website (<a href="https://www.gate.io/">https://www.gate.io/</a>).
&nbsp;
The Gate.io news comes as part of LINE&rsquo;s overall moves to grow its activities in the blockchain and Web3 ecosystem. LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing the global NFT business, recently opened the beta version of DOSI, its NFT platform. More than 50,000 users pre-registered for DOSI Wallet, demonstrating strong interest from users around the world in LINE&rsquo;s NFT projects.
&nbsp;
###
&nbsp;
■&nbsp;LINK Overview
&bull; Name: LINK (LN)
&bull; Issuer: LINE TECH PLUS PTE. LTD.
&bull; Unit: LINK
&bull; Number of tokens issued: Limited to 1 billion (800 million to be issued as user incentives and 200 million are LTP&rsquo;s reserves)
&bull; Description: LINK is a crypto asset issued using LINE Blockchain (formerly called LINK Chain), LINE&rsquo;s proprietary private blockchain network.
&nbsp;
■&nbsp;About LINE Corporation
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.
&nbsp;
■&nbsp;About Gate.io
Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges with over 12 million users worldwide, offering services including digital assets trade, decentralized finance, research and analytics, venture capital investing, labs and more. Verified by the Blockchain Transparency Institute (BTI), it has been consistently ranked among the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. Additionally, Gate.io is listed in the Best Crypto Exchanges for 2021 with a rating of 4.5 by Forbes Advisor.

LINE Brings Crypto Asset ‘LINK’ to Gate.io

■&nbsp;DOSI aims to provide a great user experience for NFTs through social logins and user-friendly payment methods
■&nbsp;Hellbound, DIA TV, APOKI, and NOW. Drops to sell limited NFT collections on their stores
&nbsp;
SEONGNAM, South Korea &ndash; September 14, 2022 &ndash;&nbsp;LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the NFT ecosystem, announced today 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 &ldquo;city&rdquo;, DOSI is an NFT platform designed to be a virtual metropolis for creators, companies and fandoms around the world.
&nbsp;
<img class="aligncenter size-medium wp-image-6879" src="https://www.finschia.network/wp-content/uploads/2022/09/DOSI-Beta_PR_1.png" alt="" width="561" height="316" style="display: block; margin-left: auto; margin-right: auto;" />
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 &ldquo;DOSI Store&rdquo; and sell brand-related NFTs, as well as operate community and membership programs.
&nbsp;
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.
&nbsp;
<img class="aligncenter size-medium wp-image-6881" src="https://www.finschia.network/wp-content/uploads/2022/09/DOSI-Beta_PR_2.png" alt="" width="652" height="341" style="display: block; margin-left: auto; margin-right: auto;" />
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.
&nbsp;
NOW. Drops, an NFT service that captures moments from artists&rsquo; performances, carried out is first free airdrop event featuring NFTs of girl group NMIXX from JYP Entertainment on fandom based NFT service called &lsquo;AVA&rsquo; and will start NFT sales in mid-September. In addition, CJ ENM's DIA TV, virtual influencer APOKI and AlphaCrewz &mdash; which offers high-definition avatars for use in LINE&rsquo;s coming metaverse ecosystem &mdash; 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&rsquo;s DOSI Store site (<a href="https://dosi.world/">https://dosi.world</a>).
&nbsp;
"With DOSI, now anyone can buy all sorts of NFTs featuring whatever type of content they enjoy within minutes," said Youngsu Ko, CEO of LINE NEXT. &ldquo;DOSI is a unique gateway to connect NFTs and users, and as it grows, we think it&rsquo;s going to become a significant player in expanding the Web3 ecosystem."
&nbsp;
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.
&nbsp;
###
&nbsp;
■&nbsp;About LINE NEXT Inc.
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.
&nbsp;
■&nbsp;About DOSI
Named after the Korean word for &ldquo;city,&rdquo; DOSI provides support programs for NFT production and global marketing to brands and companies so that they can operate their own branded DOSI Store, sell their own NFTs, create communities and carry out membership programs. Users can sign-up for their own DOSI Wallet, then login and buy diverse NFT collections through a range of easy-to-use payment methods, and receive benefits within the DOSI ecosystem.
- Available regions: 180 countries
- Available languages: English, Korean, Japanese, Chinese (traditional), Chinese (simplified), Thai, Bahasa, Spanish, Spanish (Latin America)
- Available payment methods: Credit cards, mobile payments (different methods may be available in different regions)
- Available login methods: LINE, Facebook, Google, Naver (different methods may be available in different regions)
&nbsp;
 Official Channels:
■ DOSI site:&nbsp;<a href="https://dosi.world/">https://dosi.world</a>
■ DOSI official Twitter account:&nbsp;<a href="https://twitter.com/DOSI_official">https://twitter.com/DOSI_official</a>
■ DOSI official Medium: <a href="https://medium.com/@DOSI_official">https://medium.com/@DOSI_official</a>
&nbsp;
Brand store links:
■ AlphaCrewz:&nbsp;<a href="https://alphacrewz.store.dosi.world/">https://alphacrewz.store.dosi.world</a>
■ NOW. Drops:&nbsp;<a href="https://now.onava.com/">https://now.onava.com</a>
■ Hellbound:&nbsp;<a href="https://hellbound.store.dosi.world/">https://hellbound.store.dosi.world</a>
■ DIA TV:&nbsp;<a href="https://dianft.store.dosi.world/">https://dianft.store.dosi.world</a>
■ APOKI:&nbsp;<a href="https://apoki.store.dosi.world/">https://apoki.store.dosi.world</a>

LINE NEXT Launches Global NFT Platform DOSI Beta Version

August 2022

July 2022

Aiming to collaborate in the localization and provision of the "move-and-earn" app for the Japanese market
&nbsp;
LINE's crypto asset and blockchain-related business developer LINE Xenesis Corporation (Location: Shinagawa Ward, Tokyo; Representative Director and CEO: Lim Inkyu) ("LINE Xenesis" below), and Find Satoshi Lab Limited ("Find Satoshi" below), operator of the "move-and-earn" game app STEPN, are pleased to announce the conclusion of a memorandum of understanding (MOU) aiming to develop STEPN on LINE's proprietary blockchain "LINE Blockchain".
&nbsp;
LINE established LINE Blockchain Lab in April 2018, and has since pursued the development of dApps that apply blockchain technology as well as research into P2P network-based distributed systems and encryption technology. It developed LINE Blockchain (LINE's proprietary blockchain) and used it as a base to issue the company's unique 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.
&nbsp;
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 the world's first "move-and-earn" blockchain game that lets players earn crypto assets equivalent to the number of steps they've taken. Since its beta release in December 2021, its popularity as a fitness app has grown among people worried about their lack of exercise due to restrictions during lock-down. As of July 15, 2022, the app boasts 4.5 million global registered users, including 3 million MAU.
&nbsp;
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 WEB3.0 as part of their healthy lifestyles.
&nbsp;
■ Comment from LINE Xenesis' Representative Director and CEO Lim Inkyu
"We're very pleased to be able to cooperate with STEPN, which is very popular in Japan as well as a representative example of WEB 3.0 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."
&nbsp;
■ Comment from STEPN Co-Founder Yawn Rong
"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."
&nbsp;
Moving forward, we will strive to provide blockchain services and technology that users can actually apply in their everyday lives under the concept of "LINE Blockchain: Designed for Everyone."
&nbsp;
###
&nbsp;
■ About LINE Xenesis Corporation
(1) Name: LINE Xenesis Corporation
(2) Address: Osaki Garden Tower 22F, 1-1-1 Nishi Shinagawa, Shinagawa-ku, Tokyo, Japan
(3) CEO: Inkyu Lim
(4) Business: Holding company operating a cryptocurrency brokerage and blockchain-related business
(5) Capital: JPY 8,160 million (As of April 16, 2021)
(6) Date of establishment: January 31, 2018
(7) Registration number: Cryptocurrency exchanger, Kanto Local Finance Bureau No.00017

LINE Xenesis and Find Satoshi Lab Limited Conclude MOU Regarding STEPN Development Utilizing LINE Blockchain

■&nbsp;AlphaCrewz, NOW. Drops, Hellbound, DIA TV, APOKI each opening their own brand stores
■&nbsp;The DOSI Citizen membership program will provide diverse rewards and privileges based on unique PFP NFTs
&nbsp;
SEONGNAM, South Korea &ndash; August 2, 2022&nbsp;&ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the global NFT ecosystem, announced today that it has opened the first brand stores on the DOSI Store, a platform for brands and companies to sell NFTs. Launching on the DOSI teaser site are stores for AlphaCrewz, NOW. Drops, Hellbound, DIA TV, and APOKI, which are all releasing NFT projects.
&nbsp;
DOSI Store is a brand store on the global NFT platform DOSI where companies and brands can sell all sorts of NFT projects, as well as create communities and carry out membership programs. These first five stores will offer the following packages:
&nbsp;
- AlphaCrewz is an NFT collection of high-definition avatars for use in LINE&rsquo;s coming metaverse ecosystem.
&nbsp;
- NOW. Drops is offering an NFT service that captures moments from artists&rsquo; performances, preserving them in digital &ldquo;crystal&rdquo; so fans can enjoy them forever. There are also plans to provide a wide range of artist IP NFT collections and benefits.
&nbsp;
- Hellbound, based on the No. 1 webtoon series, will showcase an NFT collection in the form of Generative Art (where computer algorithms randomly combine artworks) and provide memberships and special benefits linked to the Hellbound universe.
&nbsp;
- CJ ENM's DIA TV plans to introduce NFT collections and membership programs for music influencers such as the a cappella group Maytree, online content creator Napkins, and Chuther.
&nbsp;
- Virtual influencer APOKI is also preparing a special PFP (profile photo) NFT collection that captures her unique charms.
&nbsp;
Each NFT collection will be available for sale once DOSI launches. The brand store can be found on the teaser site (<a href="https://dosi.world/">https://dosi.world</a>) and many additional brand stores will soon be added to the lineup. By diversifying NFT contents and connecting them with membership program benefits and providing additional value, LINE NEXT aims to raise the value of collecting NFTs and lead the popularization of the digital token.
&nbsp;
In addition, LINE NEXT has introduced DOSI Citizen, a PFP (profile photo) NFT-based membership program within the global NFT platform DOSI. When users create a wallet for the first time, they will be given a randomly created Generative PFP NFT. Various types of DOSI Citizen NFTs will be available for collecting. Furthermore, users will be able to get rewards and benefits by contributing to the DOSI ecosystem through activities such as trading NFTs and inviting friends.
&nbsp;
To celebrate the opening of the teaser site, LINE NEXT is holding a quiz event on the DOSI Twitter account where users can receive an additional limited edition DOSI Citizen PFP NFT. Details of the event can be found on the DOSI Twitter account (@DOSI_official). LINE NEXT plans to launch the beta version of DOSI globally (including in Japan) in the third quarter of this year.
&nbsp;
###
&nbsp;
■&nbsp;About LINE NEXT Inc.
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.
&nbsp;
-
DOSI Teaser Site:&nbsp;<a href="https://dosi.world/">https://dosi.world</a>
DOSI Official Twitter Account:&nbsp;<a href="https://twitter.com/DOSI_official">https://twitter.com/DOSI_official</a>
&nbsp;
Brand store links:&nbsp;
■&nbsp;AlphaCrewz:&nbsp;<a href="https://alphacrewz.store.dosi.world/">https://alphacrewz.store.dosi.world</a>
■&nbsp;NOW. Drops:&nbsp;<a href="https://now.onava.com/">https://now.onava.com</a>
■&nbsp;Hellbound:&nbsp;<a href="https://hellbound.store.dosi.world/">https://hellbound.store.dosi.world</a>
■&nbsp;DIA TV:&nbsp;<a href="https://dianft.store.dosi.world/">https://dianft.store.dosi.world</a>
■&nbsp;APOKI:&nbsp;<a href="https://apoki.store.dosi.world/">https://apoki.store.dosi.world</a>

LINE NEXT Introduces 5 NFT Projects on DOSI Teaser Site

■ SoftBank Corp., NAVER, CJ ENM, SHINSEGAE and others to invest in global NFT business
■ Agreement aims to find synergy in NFT and Web3 ecosystem expansion and global contents distribution through IP contents business and marketing cooperation
&nbsp;
SEONGNAM, South Korea &ndash; July 13, 2022 &ndash;&nbsp;LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the global NFT ecosystem, announced today that it has signed a strategic investment agreement worth about US$10 million with 10 companies. SoftBank Corp., NAVER, NAVER WEBTOON, NAVER Z, LINE Games, CJ ENM, YG PLUS, SHINSEGAE, Hashed, and K Auction will cooperate in the launch of DOSI, LINE&rsquo;s global NFT platform, along with providing business support and developing NFT projects based on their IP content.
&nbsp;
Through this investment, LINE NEXT will strategically cooperate with contents, distribution, gaming, and entertainment companies that own and operate a wide range of IP, to lead the global NFT market. LINE NEXT aims to introduce the NFT platform to the public by introducing NFTs that are friendly to mainstream audiences. For the partnering companies, they are joining with LINE NEXT to enter into new markets by accelerating global contents distribution through NFT projects.
&nbsp;
LINE NEXT will also develop exclusive NFT projects with NAVER&rsquo;s NOW. and CJ ENM using their entertainment IP, such as DIA TV and Street Man Fighter, to diversify their content channels.
&nbsp;
NFTs issued through these partnerships will be available to trade through each brand&rsquo;s store on the DOSI market place, scheduled to launch later this year. Additionally, to make it easier for users to participate in the NFT market, LINE NEXT plans to link NAVER logins to DOSI Wallet and provide Naver Pay as one of the payment options for buying NFTs.
&nbsp;
"The key to expanding the Web3 ecosystem is to making NFTs based on users&rsquo; needs and delivering actual value," said Youngsu Ko, CEO of LINE NEXT. &ldquo;By publishing Asian contents to the global NFT market, the partnership will lead a new fandom culture and the mass adoption of NFTs."
&nbsp;
###
&nbsp;
■ About LINE NEXT Inc.
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.

LINE NEXT Announces Strategic Investment Agreement With 10 Partners

June 2022

LINE NFT has sold about 70,000 NFTs in a wide range of genres as characters, anime, sports, and artists up to date since its service launch in April, and some of the NFT collections arranged by LINE NFT sold out in seconds.
&nbsp;
Thus, LINE NFT has newly launched a trial version of Profile NFT function where users can set NFTs to their profile on the LINE messenger app. プロフNFT by minto (Profile NFT) sales will go on from the 8th starting with the popular social media character Usagyuuun and an array of content will be further expanded.
&nbsp;
How to set LINE profile icon
<img class="alignnone size-medium wp-image-6740" src="https://www.finschia.network/wp-content/uploads/2022/07/LINE-NFT-PFP_2-800x393.png" alt="" width="637" height="313" style="display: block; margin-left: auto; margin-right: auto;" />
First Sales of プロフNFT by Minto (Profile NFT)
▸ Date: July 8, 2022 (Friday) 18:00
▸ Sales site:&nbsp;<a href="https://nft.line.me/drop/brand/33">https://nft.line.me/drop/brand/33</a>
&nbsp;
Second Sales of プロフNFT by Minto (Profile NFT)
▸ Date: July 22, 2022 (Friday) 18:00
▸ Sales site:&nbsp;<a href="https://nft.line.me/drop/brand/33">https://nft.line.me/drop/brand/33</a>
&nbsp;
* Please note that this service is limited to Japan residents.&nbsp;
&ndash;
Read original PR (Japanese):<a href="https://linecorp.com/ja/pr/news/ja/2022/4288">https://linecorp.com/ja/pr/news/ja/2022/4288</a>

Introducing NFT Profile Pictures on LINE NFT

May was a difficult month full of new challenges for LINE Blockchain, and so we sincerely wish the best toward everyone who unexpectedly suffered from recent events, whether economically or mentally. The LINE Blockchain team will continue to develop our business with a focus on minimizing risk and complying with all regulations, clarifying our purpose and strategy to increase LN&rsquo;s value.
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LVC Corporation in Japan, the operator of LINE&rsquo;s cryptocurrency and blockchain-related businesses there, recently changed its name to LINE Xenesis to demonstrate its commitment to expanding the blockchain sector, just like LINE NEXT companies in the United States and Korea were established to expand the global NFT ecosystem. All in all, this May was a time of strengthening stability and discovering new values for LINE Blockchain, as part of the growth of these new directions.
<h1>&nbsp; Highlights &amp; Main News</h1>
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<h2>[Interview] The Future of Web3 as Envisioned by LINE</h2>
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<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1697999666306.jpeg?updatedAt=1697999667000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
In the world of Web3, users are being reinvented as service creators rather than simple service users.
 [LINE Xenesis Corporation CEO, Lim Inkyu]: &ldquo;The biggest change in Web3 is the concept of ownership, and whenever this concept changes, it marks a major turning point for human history.&rdquo; When asked what would LINE do in today&rsquo;s capitalist-oriented blockchain ecosystem, Hitoshi said, &ldquo;We want to provide user-friendly and easy-to-use services for everyone. That&rsquo;s is what LINE&rsquo;s mission is and how LINE Blockchain pursues services designed for everyone. In April, the LINE NFT platform was launched here in Japan, but as long as NFTs are still considered to be &lsquo;speculation&rsquo;, we need to better explain the practical value and importance of NFTs, to convince people to use the blockchain ecosystem rather than forcing the use of a new platform just because it&rsquo;s new.&rdquo;
 [LINE Xenesis Corporation Executive Officer, Yoneyama Yusuke]: &ldquo;Unlike where other NFT businesses ended up, LINE NFT is actually carrying out a real service, so we are receiving much interest from partners who want to collaborate with us and use LINE&rsquo;s reputation and LINE Blockchain technology. Although the definition and concept of NFTs differ by each individual, we are trying to build a system that can be used for a variety of purposes in people&rsquo;s daily lives and as a means of communication. By providing a platform service, we believe that using our services to deliver a message will depend on the will and plans of all parties working together.

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<li>Source: Coindesk interview</li>
<li>Read the original (Japanese only):&nbsp;<a class="af pk" href="https://www.coindeskjapan.com/147374/" rel="noopener ugc nofollow" target="_blank">パラダイムシフトの中でも「誰一人、取り残さない」 LINEが描くWeb3の未来</a></li>
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 [Column] LINE&rsquo;s Web3 Strategy: Building the Infrastructure and Content for Mainstream Success
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1697999722178.png?updatedAt=1697999722000" width="1000" height="auto" alt="" />
LINE Blockchain has been engaged in several businesses in the United States, including a crypto asset exchange, however our biggest focus has been on Japan, where we are creating the foundation for a new digital environment by building a blockchain platform and services. Now, while focusing on the core of blockchain-based value distribution and shared growth, more popular NFT products and services along with a user-friendly UX are more important than ever. In an era where Asia is rapidly growing in importance in terms of global cultural contents and digital trends, we believe that LINE can realize the goals of LINE Blockchain&rsquo;s projects, including Web3, on the strength of LINE&rsquo;s global messenger infrastructure, vast social platform know-how, and blockchain platform assets.
 DOSI Wallet, a Social Passport for the Global NFT Platform DOSI, Is Released
DOSI Wallet will provide not only payment and trading services, but also a variety of NFT experiences and social features as a social passport within the DOSI ecosystem. User-friendly payment methods, such as crypto, LINE Pay and Naver Pay, will be supported, as well as simple login with social media accounts. DOSI has teamed with the popular Korean theme park Lotte World to celebrate the new opening of a new theme park in Busan and DOSI Wallet&rsquo;s service launch by having held an NFT airdrop event. The two companies aim to capture the popularity and the expandability of NFTs with Lotte&rsquo;s high reputation and the cutting edge of the DOSI platform.
 DOSI Wallet x Lotte World Adventure Busan
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1697999770504.jpeg?updatedAt=1697999771000" width="1000" height="auto" alt="" />
With the launch of DOSI Wallet, the Korean theme park Lotte World Adventure Busan held an NFT airdrop event for DOSI Wallet. The limited NFTs included four short videos featuring the Lotte World characters, with multiple benefits to be given through the DOSI Store in the future. In addition to Lotte World&rsquo;s high expectations for their first NFT issuance with LINE NEXT, the two companies wish to add a variety of functions so that more customers can easily access the new platform and visit the newly opened theme park. LINE Blockchain&rsquo;s Discord Opens
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LINE Blockchain has grown with the community over the past several years, and has improved a number of strategies and services based on the diverse opinions and views collected from those community members. Most recently, we opened a two-way communication channel through Discord, building a space where anyone can freely share opinions and establish group cohesiveness. We also plan to attempt a range of measures &mdash; such as voting and surveys &mdash; to encourage community members to participate more actively in the LINE Blockchain project, so we ask you to keep supporting us.
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 TMI

GAME DOSI at the World Gaming Forum by Han Ki-woong, GameFi Lab Lead
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1697999804049.jpeg?updatedAt=1697999804000" width="647" height="419" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
Sponsored by the Korea Game Association and the Ministry of Culture and Tourism, the 2022 World Game Forum asked us to give a lecture on the trends in Web3 and game contents from various countries, along with the promotion of LINE NEXT&rsquo;s DOSI.

It was rewarding to be able to share our vision of the convergence of game contents and Web3, with globally successful Korean game companies, Vietnam&rsquo;s major leaders in the P2E game ecosystem, and game content such as the &ldquo;Move 2 Earn Trend&rdquo; in Japan.

GAME DOSI is all about Web3-based gaming, taking services that users have long enjoyed and spent their time and money on, and instead of replacing the concept of the user&rsquo;s time with ownership.

The audience who attended the forum and the viewers who watched through the live stream broadcast highly praised LINE for creating a user-friendly platform using content and NFTs in the Web3 ecosystem.

Through panel Q&amp;A sessions, LINE NFT and DOSI were able to create much anticipation for the NFT content platform in Japan and globally, while also communicating with users around the world about the meaningful transformation that GAME DOSI will bring about.

We look forward to meeting more users through DOSI and GAME DOSI&rsquo;s global services in near future.
Read a relevant article (Korean only):&nbsp;<a class="af pk" href="https://n.news.naver.com/mnews/article/022/0003690419" rel="noopener ugc nofollow" target="_blank">&ldquo;유저, 게임에 쓴 시간 NFT로 보상 받는다&rdquo; [2022 세계게임포럼]</a>
Watch the forum:&nbsp;<a href="https://youtu.be/ZOOxHp12oaU">https://youtu.be/ZOOxHp12oaU</a><a class="af pk" href="https://youtu.be/ZOOxHp12oaU" rel="noopener ugc nofollow" target="_blank"></a>


 LINK Overview
<img src="https://vos.line-scdn.net/landpress-content-v2-ogautzqf79ax91l8h8icywfr/1697999858673.png?updatedAt=1697999859000" width="1000" height="auto" alt="" style="display: block; margin-left: auto; margin-right: auto;" />
❖&nbsp;Data is based on the last day of each month.
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■ LN Market Cap: 342.40mn USD ■ LN Price: 55.98 USD ■ Monthly Trading Volume: 3.96mn USD ■ Circulation: 6,116,138 LN ■ Officially Listed Exchanges: BITFRONT, LINE BITMAX, Bithumb
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 Community
□ LINE Pay is offering LINK as a payment option at some online merchants for a trial period in Japan □ Join the DOSI Platform&nbsp;<a class="af pk" href="https://www.dosi.world/" rel="noopener ugc nofollow" target="_blank">waitlist</a> □ Check out&nbsp;<a class="af pk" href="https://careers.linecorp.com/jobs?ca=All&amp;cp=LINE+NEXT" rel="noopener ugc nofollow" target="_blank">LINE Careers</a>&nbsp;for available LINE NEXT positions
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Follow LINE Blockchain on Twitter or Facebook for the latest news and updates. A monthly newsletter is issued on the 10th of each month or the following business day in the event of a weekend or holiday. Advance notice will be made through social channels should any delay, omission or other issues occur.
<a class="af pk" href="https://twitter.com/linebc_global" rel="noopener ugc nofollow" target="_blank">Twitter</a>&nbsp;l&nbsp;<a class="af pk" href="https://www.facebook.com/line.blockchain" rel="noopener ugc nofollow" target="_blank">Facebook</a>&nbsp;l&nbsp;<a class="af pk" href="https://discord.gg/2WKdP9a8HP" rel="noopener ugc nofollow" target="_blank">Discord</a>
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May 2022

■&nbsp;DOSI Wallet to be a &ldquo;social passport&rdquo; offering NFT trading and other experiences
■&nbsp;Korean amusement park Lotte World Adventure Busan giving out a limited number of NFTs to celebrate its grand opening
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SEONGNAM, South Korea &ndash; May 17, 2022&nbsp;&ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the global NFT ecosystem, today released DOSI Wallet, a specialized wallet for the global NFT platform DOSI.
&nbsp;
DOSI Wallet is a &ldquo;social passport&rdquo; wallet that will provide not only payment and trading services, but also a variety of other NFT experiences and social features within the DOSI ecosystem (the transaction and payment function will be activated when DOSI launches in the first half of the year). In addition, to make NFT trading easier, DOSI Wallet will offer a range of user-friendly payment methods, including credit cards, digital payments like LINE Pay and Naver Pay, and cryptocurrencies. Users can sign up easily for DOSI Wallet and log in using all sorts of social media accounts, including LINE, Facebook, and Google, on its official website (<a href="https://dosi.world/">https://dosi.world</a>).
&nbsp;
With the launch, the Korean theme park Lotte World Adventure Busan is holding an NFT airdrop event for DOSI Wallet. To celebrate its grand opening on March 31, Lotte World Adventure Busan published a limited number of NFTs. The limited NFTs of four short videos, featuring the Lotte World characters Lotty and Rory, will be given to selected users through DOSI Wallet.
&nbsp;
&ldquo;DOSI Wallet will be the center of the global NFT publishing platform DOSI,&rdquo; said Youngsu Ko, CEO of LINE NEXT. &ldquo;We will add more features so that new users to NFT can easily participate.&rdquo;

The DOSI NFT platform is designed to support companies and creators as they build markets and create communities for general users to buy and trade NFTs. In addition, LINE Xenesis, the LINE subsidiary that operates LINE's cryptocurrency and blockchain-related businesses in Japan, is now operating the NFT marketplace LINE NFT, which opened on April 13.
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###
&nbsp;
■ About LINE NEXT Inc.
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.

LINE NEXT Releases DOSI Wallet for Global NFT Platform DOSI

Approximately 40,000 NFTs on offer, including exclusive NFT videos by Yoshimoto Kogyo and NFTs from Patlabor the Mobile Police
&nbsp;
TOKYO &ndash; April 13, 2022 &ndash; LVC Corporation ("LVC"), operator of LINE's crypto asset and blockchain businesses, today launched LINE NFT. A non-fungible token (NFT) marketplace available only in Japan, LINE NFT will offer a wide variety of content, including exclusive NFT videos by Yoshimoto Kogyo Holdings Co. Ltd. called Yoshimoto NFT Theater, NFTs from the classic anime series Patlabor the Mobile Police, and NFTs of other popular characters. More NFTs from many different genres will be offered at a later date.
&nbsp;
LINE NFT is LINE's NFT marketplace in Japan, where users can easily buy and trade NFTs. Users can store purchased NFTs in their LINE BITMAX Wallet, a digital asset management wallet that they can easily register via their LINE account. Then, through the LINE app&mdash;with a userbase of approximately 90 million in Japan&mdash;they can conveniently send or exchange NFTs with their LINE friends. In the future, LVC will collaborate with LINE family services as well as other group companies to offer users a variety of NFT experiences, including the fun and excitement of owning NFTs.
&nbsp;
From today, LINE NFT will offer around 40,000 NFT products for sale, including Yoshimoto NFT Theater&mdash;showcasing videos of hilarious performances by Yoshimoto Kogyo's top-notch comedians created exclusively for NFTs&mdash;and Patlabor the Mobile Police-themed diorama art, made especially to celebrate the animation's 30th anniversary. In addition, NFT videos of popular characters such as Gyuunyuu, Usagyuuun!, and Betakkuma will also be available.* From April 20, NFTs to commemorate the retirement of athlete Kohei Uchimura, as well as original NFTs by manga artist Yashiroazuki will be available.
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*These NFTs can be traded with other users on LINE NFT after they are purchased.
&nbsp;
Based on LINE NFT's strengths of having a diverse lineup and enabling users to start using the service conveniently via the LINE app, LVC will continue to provide a myriad of experiences to users in collaboration with other group companies.
&nbsp;
Moving forward, with the concept of &ldquo;LINE Blockchain Designed For Everyone,&rdquo; LVC will aim to provide NFT and other blockchain services and technologies that can be applied practically to users&rsquo; daily lives.
&nbsp;
Overview of LINE NFT
LINE NFT is LINE's NFT marketplace in Japan, where users can easily buy and trade NFTs. Users can store purchased NFTs in their LINE BITMAX Wallet, a digital asset management wallet that they can easily register via their LINE account. Then, through the LINE app&mdash;with a userbase of approximately 90 million in Japan&mdash;they can conveniently send or exchange NFTs with their LINE friends.
&nbsp;
Service launch: April 13, 2022 Service URL:&nbsp;<a href="https://nft.line.me/" target="_blank" rel="noopener">https://nft.line.me</a>
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・ About LINE NFT: <a href="https://nft-blog.line.me/archives/13464458.html" target="_blank" rel="noopener">https://nft-blog.line.me/archives/13464458.html</a> ・ Inquiries regarding LINE NFT: <a href="https://nft-biz.line.me/" target="_blank" rel="noopener">https://nft-biz.line.me</a> ・ About LINE Blockchain: <a href="https://www.finschia.network/ja/" target="_blank" rel="noopener">https://www.finschia.network/ja/</a> ・ How to use LINE BITMAX Wallet: <a href="https://note.com/line_blockchain/n/n6aa0765fe51e" target="_blank" rel="noopener">https://note.com/line_blockchain/n/n6aa0765fe51e</a> ・ How to register with LINE BITMAX Wallet: <a href="https://note.com/line_blockchain/n/n2e4753eb8a67" target="_blank" rel="noopener">https://note.com/line_blockchain/n/n2e4753eb8a67</a>
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■ About LVC Corporation (1) Name: LVC Corporation (2) Address: Osaki Garden Tower 22F, 1-1-1 Nishi Shinagawa, Shinagawa-ku, Tokyo, Japan (3) CEO: Inkyu Lim (4) Business: Holding company operating a cryptocurrency brokerage and blockchain-related business (5) Capital: JPY 8,160 million (As of April 16, 2021) (6) Date of establishment: January 31, 2018 (7) Registration number: Cryptocurrency exchanger, Kanto Local Finance Bureau No.00017

LINE Launches LINE NFT, an NFT Marketplace in Japan

Naver Joins Hands with LINE NEXT on NFTs&nbsp;
&nbsp;
Naver cooperates with LINE NEXT Inc. for a partnership in the NFTs to further expand the NFT ecosystem. Naver plans to provide a more friendly and convenient NFT experience to users by binding Naver's technology and content with LINE's global NFT platform 'DOSI.'
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The two companies will promote Naver ID-based blockchain wallet environment and Naver Pay-supported NFT payment system within DOSI, and provide NFT services in the entertainment sector (Naver NOW). Their projects together will be fledged within the year of 2022.
&nbsp;
Having announced to partner with 26 prominent companies to grow NFT markets, LINE NEXT will continue to work on launching NFT collections and supporting trading on DOSI.
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Read original PR (Korean): <a href="https://www.navercorp.com/promotion/pressReleasesView/30826">https://www.navercorp.com/promotion/pressReleasesView/30826</a>

Naver Joins Hands with LINE NEXT on NFTs

■ By partnering with leading gaming, entertainment, webtoon, metaverse, art and service companies, LINE NEXT aims to grow NFT markets
■ Partnerships will launch NFT collections and support trading on LINE NEXT's global NFT platform DOSI
&nbsp;
SEONGNAM, South Korea &ndash; March 16, 2022 &ndash; LINE NEXT Inc., LINE&rsquo;s venture dedicated to developing and expanding the global NFT ecosystem, announced today that it is forming 26 partnerships with a range of leading companies to create NFTs based on their popular IP content and enable consumers to buy and sell NFTs using familiar payment products. Partners will include SoftBank Corp., NAVER, LINE Taiwan Limited, NAVER Z, LINE studio, LINE Games, CJ ENM, YG PLUS, Hashed, K Auction, SHINSEGAE, Visa, Crypto.com, Afun Interactive, AI Network, J&amp;John, KMCA, LoadComplete, LOTTE WORLD, Mythical Games, Pangea, Peaches., 111%, Rich Alien, and WOW POINT.
&nbsp;
Through these strategic partnerships with a diverse range of international companies in gaming, entertainment, webtoons, the metaverse, art, and services, LINE NEXT aims to lead the expansion of the NFT ecosystem and establish a global NFT value chain. Based on LINE&rsquo;s blockchain technology and NFT platform, LINE NEXT and our partner companies aim to develop NFTs featuring famous IP content, the work of renowned artists, and more, designed to make the NFT experience more familiar to users. For Mythical Games, the two companies will also cooperate on developing a blockchain mainnet.
&nbsp;
In addition to helping to produce NFTs based on popular content, LINE NEXT will help build markets and support trading on its upcoming global NFT platform DOSI.
&nbsp;
"By combining LINE&rsquo;s infrastructure and blockchain know-how, LINE NEXT aims to build the world's No. 1 NFT ecosystem and innovate communication toward the Web3 environment," said Youngsu Ko, CEO of LINE NEXT. &ldquo;These partnerships are the start of many more to come in accelerating the global NFT ecosystem."
&nbsp;
LINE NEXT plans to launch its global NFT platform DOSI in the first half of this year, to support companies and creators around the world as they build markets and create communities and ecosystems for general users to buy and trade NFTs. In addition, an NFT service is scheduled to be introduced in Japan this spring by LVC, the LINE subsidiary that operates LINE's cryptocurrency and blockchain-related businesses in Japan.
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###
&nbsp;
■ About LINE NEXT Inc.
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.
&ndash;
Read PR (Korean): <a href="https://linepluscorp.com/pr/news/ko/2022/4162">https://linepluscorp.com/pr/news/ko/2022/4162</a>

LINE NEXT Announces 26 NFT Partnerships

We're pleased to announce that the number of wallets issued on the LINE Blockchain as of the end of January 2022 has exceeded 1 million in Japan. This is an overall great success since the LINE Blockchain project spurred in 2018 and that LINE Blockchain NFT Beta Market for Japan provided NFT trading since last summer.
&nbsp;
As a partnership with LINE affiliates, various campaigns based on LINE Blockchain are being conducted. About 300,000 NFTs were issued for the LINE FRIENDS NFT collection, where users in Japan who successfully answered a quiz event on the LINE de Oubo platform collected the globally popular LINE FRIENDS characters.
&nbsp;
LINE Blockchain is making a progress and providing the optimum conditions even for NFT newbies to easily understand the NFTs and get used to it.
&nbsp;
Under the concept of &ldquo;LINE Blockchain: Designed for Everyone,&rdquo; LINE Blockchain aims to provide blockchain services and the best technologies such as NFT that can be practically applied to anyone's daily life thus make added value.
&nbsp;
* Please note that number of wallets includes wallets been granted for LINK rewards and/or NFT giveaway campaign.&nbsp;
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Read original PR (Japanese): <a href="https://linecorp.com/ja/pr/news/ja/2022/4127">https://linecorp.com/ja/pr/news/ja/2022/4127</a>

LINE Blockchain to Reach 1 Million Wallet Accounts

LINE Blockchain is collaborating with local NFT startup and a prominent entertainment company in Korea to make another K-pop boy group labels rising. Starting from February 24, 2022, assets of FNC's P1Harmony will be minted in the NFTs and their undisclosed clips will have serial numbers so that each trader can acquire the ownership and their ultimate bias stays one in a million.
&nbsp;
Who is P1Harmony?
P1Harmony is a group of 6 boys meaning ones with infinite possibilities to create various harmonies. This up-and-coming boy group is now creating a buzz in the K-Pop scene with their infectious hip-hop sound, impressive performance style, and interacts with their international fans as close as possible, having made it on the Teen Vogue's main page and spent a fair amount of time vigorously promoting in the United States.
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What does LINE Blockchain do?
This NFT project is done with LINE's global blockchain subsidiary - LINE TECH PLUS PTE. LTD., where LINE&nbsp;has recently&nbsp;established LINE NEXT both in Korea the United States to focus on the global NFT platform businesses and to launch its relevant services and products in line with the rapidly changing NFT market. P1Harmony NFTs will be minted on LINE Blockchain Developers (a convenient and intuitive blockchain service development platform) where the purchaser's ownership is tracked on the LINE Blockchain. Users will then move on to the secondary marketplace - Moment of Artist.
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This collaboration is to publicize and popularize an added value that NFTs can hold using LINE Blockchain's technology. Please continue supporting us and our values to&nbsp;make the NFT community practical yet active not just in the entertainment industry, but for any where NFT is needed.
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Project Details
■ Content: Total of 450 editions (undisclosed photos and clips on P1Harmony 3rd Mini Album DISHARMONY : FIND OUT)
■ Preview open: February 21, 2022
■ Official sales open: February 24, 2022
■ Website:&nbsp;<a class="external-link" href="http://www.momentofartist.com/" rel="nofollow">www.momentofartist.com</a><a class="external-link" href="http://www.momentofartist.com/" rel="nofollow">​</a>
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Read original PR (Korean):&nbsp;<a class="external-link" href="http://isplus.live.joins.com/news/article/article.asp?total_id=24201090" rel="nofollow">http://isplus.live.joins.com/news/article/article.asp?total_id=24201090</a>

LINE Blockchain's NFT Technology Grows as Entertainment Industry's Tool to Expand K-content

We are more than glad to announce that LINE NEXT and LINE Games have joined hands to build an NFT-based game ecosystem by developing NFT games starting this month. LINE Games has brought the joy and community of gaming to everyone, across every device so far, and they now plan to further integrate LINE's blockchain technology with LINE Games' famous game titles EXOS HEROS, DRAGON FLIGHT and new games to meet the NFT trends with LINE NEXT.
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Again, this collaboration is to build the blockchain gaming ecosystem, and the two teams are also planning to build up a business model that provides LINE Games' NFT games to the global NFT platform #DOSI. Please look forward to producing another round of successful synergy by LINE Games and LINE NEXT and their initiatives to&nbsp;bringing out the slogans each -&nbsp;&nbsp;"Only Fun" and "Building Global No.1 NFT Ecosystem."&nbsp;
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###
&nbsp;
■ About LINE NEXT
Based in Korea and United States, LINE NEXT is focused on developing and 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.
&nbsp;
■ About LINE Games Corporation
LINE Games Corporation, an affiliate company of the global messenger service LINE, specializes in the game business. Based in Seoul, Korea, LINE Games emerged as a premier developer and publisher in August 2018 by acquiring NextFloor, which has been making and servicing acclaimed mobile titles since 2012.

LINE Games is currently expanding its global game business, beginning with global releases of its major mobile hits such as Exos Heroes, followed by its console title Buried Stars on Nintendo Switch and PlayStation 4.

Building upon its lineup of casual and role-playing mobile games, LINE Games is now working on PC and console titles ranging from open world MMORPGs and Survival MOBAs to TPS RPGs. LINE Games is working closely with LINE on its "fun challenge" to make great games across all platforms and genres.
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Read original PR (English): <a href="https://www.line.games/pr/press/741">https://www.line.games/pr/press/741</a>

LINE NEXT and LINE Games Agree to Develop NFT-Based Games

Congrats to LINE Blockchain for Listing on the Forbes Blockchain 50 for 2022&nbsp;
&nbsp;
We are happy to see that LINE Blockchain has joined the Forbes Blockchain 50 for 2022. LINE Blockchain is working hard to keep pace with the rapid changes in the crypto market, always aiming to find real-world applications for LINK, strengthen the NFT business, and more.
&nbsp;
The Forbes Blockchain 50 selects the world&rsquo;s most innovative and intriguing blockchain companies. By joining the list this year, LINE Blockchain is showing our continued dedication to making our crypto asset LINK No. 1 both in Asia and globally. Expect more innovation to come as LINE Blockchain integrates blockchain technology into all sorts of daily-to-day services and operations, unleashing untold efficiencies.
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Many thanks to our millions of contributors!
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Read original article (EN): <a href="https://www.forbes.com/sites/michaeldelcastillo/2022/02/08/forbes-blockchain-50-2022/?sh=44be4bb331c6">https://www.forbes.com/sites/michaeldelcastillo/2022/02/08/forbes-blockchain-50-2022/?sh=44be4bb331c6</a>

LINE Blockchain Listed on the Forbes Blockchain 50 for 2022

■ Users can use LINK at some LINE Pay online merchants during trial period from March to December 2022 in Japan
&nbsp;
TOKYO &ndash; February 8, 2022 &ndash;&nbsp;LINE Pay Corporation, operator of digital wallet and fintech services on the LINE messaging app, announced today that it will offer LINE&rsquo;s crypto asset LINK as a payment option at some online merchants for a trial period from March 16 to December 26, 2022 in Japan.
&nbsp;
During the trial run, users will be able to use LINK at LINE Pay online merchants just like LINE Points, without any commission fees. By connecting LINK to LINE Pay as a payment solution, LINE Pay aims to expand users' payment options, increase convenience, and grow the real-life usages for LINK.
&nbsp;
Based on its own blockchain network LINE Blockchain, LINE has been steadily expanding the practical usability of LINK. At LINE BITMAX, a crypto asset exchange in Japan operated by LVC, users can pay commission fees with LINK or with a LINE Pay account or bank account when trading crypto assets.
&nbsp;
LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's global crypto asset and blockchain-related businesses, has also undertaken numerous initiatives aimed at leveraging LINK to promote the shift to a cashless society. These initiatives have included running marketing campaigns on LINE Pay and conducting original research.
&nbsp;
LINE Pay plans to consider adding other crypto assets such as Bitcoin and Ethereum as payment options and strengthening partnerships with blockchain businesses. Under the vision of "Designed for Everyone", LINE Blockchain will focus on connecting LINK with users&rsquo; everyday lives and contributing to the popularization of crypto assets.
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&nbsp;
■ About LINE Pay Corporation
LINE Pay Corporation is the operator of the LINE Pay digital wallet and fintech service for the LINE messaging app. Founded in 2014, LINE Pay aims to become a leader in the mobile fintech industry by closing the distance between people, money and services for cashless payments and digital wallet services.

LINE Pay to Offer LINE’s Crypto Asset LINK as Payment Option in Japan

Build Your Own Virtual Universe&nbsp;
&nbsp;
For our LINE Blockchain supporters, we're pleased to announce a sneak peek at DOSI.&nbsp;
&nbsp;
LINE NEXT has released a teaser page that heralds the launch of a new global NFT platform 'DOSI,' which support 8 languages for 180 countries. DOSI &ndash; the Korean word for city (도시) is an all-in-one NFT publishing platform powered by LINE and LINE Blockchain. Designed for everyone, DOSI welcomes brands everywhere that want to build an NFT storefront and engage with their fans around the globe.
&nbsp;
The official lunch of the platform will be within the first quarter of 2022, and the global lineup (partners and creators) will be unveiled soon. For more information, visit the DOSI teaser page (<a href="https://dosi.world">https://dosi.world</a>).
&nbsp;
###
&nbsp;
■ LINE NEXT
Based in Korea and United States, LINE NEXT is focused on developing and 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.
-
Read original PR (Korean): <a href="https://linepluscorp.com/pr/news/ko/2022/4082">https://linepluscorp.com/pr/news/ko/2022/4082</a>

Introducing LINE's Global NFT Platform - DOSI

■ Based in Korea and the United States, LINE NEXT will focus on innovating and expanding the global NFT ecosystem
&nbsp;
SEONGNAM, South Korea &ndash; December 16, 2021 &ndash; LINE Corporation announced today that it has launched LINE NEXT, a venture dedicated to developing and expanding the global NFT ecosystem. LINE NEXT is comprised of two companies, with the Korea-based LINE NEXT Corporation focusing on global NFT platform strategy and planning and the US-based LINE NEXT Inc. working on developing and operating a non-fungible token (NFT) platform business.
&nbsp;
Based on LINE's blockchain and NFT businesses, LINE NEXT Inc. plans to introduce a new global NFT platform based on LINE's extensive experience and knowhow developing global services and blockchain technology products. The new global NFT platform will support companies and creators around the world as they build markets and create communities and ecosystems for general users to trade NFTs.
&nbsp;
Youngsu Ko, Chief Product Officer of LINE App Products and CPO of LINE Fintech Company, has been appointed CEO of LINE NEXT, while Woosuk Kim, CEO of LINE TECH PLUS, has been appointed Business Director.
&nbsp;
&ldquo;NFTs are a kind of technology infrastructure that will transform the digital space and innovate the user experience in all areas, such as content, gaming, social and commerce,&rdquo; said Youngsu Ko. "LINE has over a decade of proven experience as an innovator, becoming one of the most popular tech companies in Asia. Now we aim to do the same for the exciting new field of NFTs together with our global partners, with the Korea office focused on global NFT platform strategy and our office in the United States focused on the NFT business."
&nbsp;
Since establishing LINE Blockchain Lab, LINE has issued its crypto asset LINK and operates the crypto asset exchanges LINE BITMAX in Japan and BITFRONT globally. In addition, LINE operates a blockchain service development platform, LINE Blockchain Developers Platform, and a beta version of an NFT market on LINE BITMAX Wallet in Japan. More than 1.3 million NFTs have already been issued based on the LINE blockchain, through our various blockchain partners in such fields as IP, content, and gaming.
&nbsp;
###
&nbsp;
■ About LINE NEXT&nbsp;
Based in Korea and United States, LINE NEXT is focused on developing and 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.
&nbsp;
■ About LINE&nbsp;
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.

LINE Establishes LINE NEXT Corporation to Expand NFT Ecosystem

Users in Japan can buy Cherry Garden World backgrounds with LINK
&nbsp;
SEONGNAM, South Korea &ndash; November 26, 2021 &ndash;&nbsp;LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's global crypto asset and blockchain-related businesses, has partnered with ZEPETO to launch a limited-edition, non-fungible token (NFT) collection using LINE Blockchain.
&nbsp;
The ZEPETO NFT collection offers 12 different images of ZEPETO Cherry Garden World, each limited to just 100 copies, or 1,200 in total. The NFT collection will debut in Japan, available exclusively through CryptoGames' NFTStudio, priced at 500 yen each. After that, users will be able to buy these NFTs using LINK in the LINE BITMAX NFT Market. Through this partnership, LINE hopes to introduce the NFT market to users who are not familiar with NFTs.
&nbsp;
Non-fungible tokens are digital assets that use blockchain technology to designate whether a piece of digital media is an official copy. Further details regarding these ZEPETO NFTs can be found on the LINE Blockchain website (https://www.finschia.network/).
&nbsp;
ZEPETO is a metaverse platform developed by Naver Z Corporation, designed to offer young adults a virtual space where they can express their identities freely. With over 250 million registered users, ZEPETO is the fastest growing avatar platform in Asia, and is particularly popular among Gen Z.
&nbsp;
To accelerate the NFT market and expand the use of the crypto asset LINK, LINE operates a beta version of an NFT market on LINE BITMAX Wallet in Japan through LVC Corporation, a subsidiary of LINE Corporation and operator of LINE&rsquo;s crypto asset and blockchain-related businesses in Japan. LINE recently distributed a LINE FRIENDS NFT collection to users in Japan through a quiz event which improved accessibility to blockchain assets and NFT markets to new users.
&nbsp;
###
&nbsp;
■ About LINE&nbsp;
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.
&nbsp;
■ About ZEPETO
ZEPETO is a metaverse platform with over 250M lifetime users, and 90% of our users consist of Gen Z. ZEPETO is the largest avatar company based in Asia and the fastest growing avatar company in the world.

LINE Blockchain Launches ZEPETO NFT Collection

Partnership calls for cooperating to develop NFT products and integrate NFT markets
&nbsp;
TOKYO&nbsp;&ndash; October 26, 2021 &ndash;&nbsp;LINE Corporation announced today that LINE TECH PLUS (&ldquo;LTP&rdquo;), operator of LINE's cryptocurrency and blockchain-related businesses, has signed a strategic partnership with Ditto Music to develop Non-Fungible Token (NFT) products on Opulous.
&nbsp;
Under the strategic partnership, LINE Tech Plus and Ditto Music will cooperate in developing NFT products. This includes discussing integrating Opulous, Ditto Music&rsquo;s NFT for music artists for music copyright, with LINE&rsquo;s NFT Market to provide users with more NFT choices and to help spur the growth of the NFT market. In addition, LINE Tech Plus will provide support to Ditto Music regarding the development of blockchain services based on the LINE Blockchain Developers platform.
&nbsp;
Opulous, built by Ditto Music, brings decentralized finance to the music industry, providing an NFT launchpad for the first music copyright-backed NFTs, as well as DeFi loans that will change how artists access the funding they need and an NFT Exchange. Opulous Music NFTs are a new form of Non-Fungible Token, offering buyers a share of a song's future royalty earnings and exclusive rewards in exchange for social media support.
&nbsp;
The LINE-Ditto Music partnership comes as a part of LINE&rsquo;s plans to continue growing its token economy and expand into NFT markets. Recently, LINE BITMAX Wallet launched a beta version of an NFT market in Japan, where users can manage and trade digital assets and NFT products using LINE&rsquo;s digital asset LINK, all through a simple login using their LINE ID.
&nbsp;
&ldquo;We look forward to providing interesting NFT products to music lovers everywhere, utilizing our blockchain technology along with Ditto Music&rsquo;s NFT services.&rdquo; said Woosuk Kim, CEO of LINE Tech Plus.
&nbsp;
"Being the first mover in the Music NFT space, it is important to us to work with high caliber partners. I'm proud to say that we have found one in LINE Tech Plus. We are looking forward to reshaping the music industry and NFT markets with the opportunities blockchain technology provide." said Lee Parsons, CEO of Opulous and Ditto Music.
&nbsp;
###
&nbsp;
■ About LINE Corporation
Based in Japan, LINE Corporation is dedicated to the mission of "Closing the Distance," bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.
&nbsp;
■ About Ditto Music
Ditto Music is one of the world's leading music distribution, record label services and artist management companies. It distributes music to over 160 digital stores, including Spotify, Amazon and Apple Music.The company is headquartered in Liverpool and has 22 offices across 19 countries, with approximately 150 employees. Ditto Music has paid out more than a billion USD in royalties, and the platform is housing over 500.000 artists. Major acts such as Stormzy, Ed Sheeran and Sam Smith have released music through Ditto Music.

LINE and Ditto Music Agree to Develop NFT Products on Opulous

Users in Japan can collect LINE FRIENDS NFT through a quiz event on LINE de Oubo
&nbsp;
SEONGNAM, South Korea&nbsp;&ndash; August 31, 2021 &ndash; LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's global crypto asset and blockchain-related businesses, has launched a LINE FRIENDS non-fungible token (NFT) collection using LINE Blockchain.
&nbsp;
Non-fungible tokens are digital assets that use blockchain technology to designate whether a piece of digital media is an official copy. The LINE FRIENDS NFT collection offers three NFTs, featuring the globally popular LINE FRIENDS characters, BROWN, SALLY and CONY. LINE FRIENDS NFTs will be given to 600,000 users in Japan who successfully answer a quiz event held on the LINE de Oubo platform. One additional secret LINE FRIENDS NFT will be given to a limited number of users who have collected all three NFTs. Further details regarding the LINE FRIENDS NFTs can be found on the LINE Blockchain website (https://www.finschia.network/).
&nbsp;
In order to expand the LINE token economy and blockchain ecosystem, LINE recently introduced a beta version of an NFT market on LINE BITMAX Wallet in Japan through LVC Corporation, a subsidiary of LINE Corporation and operator of LINE&rsquo;s crypto asset and blockchain-related businesses in Japan. To deliver new user values based on blockchain technology and enhance the usage of the crypto asset LINK, LINE will continue introducing NFT-related services in the future.&nbsp;
&nbsp;
###
&nbsp;
■ About LINE 
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.
&nbsp;
■ About LINE FRIENDS
LINE FRIENDS is a global character brand that&nbsp;originally started from BROWN &amp; FRIENDS, created for use as stickers for the&nbsp;leading mobile messenger app LINE and its 200 million active users worldwide. Taking a step further, the company has emerged as a global creative studio by offering diversified content based on its wide array of Intellectual Property (IP)s including 'BT21', characters created together with a global boy band BTS. LINE FRIENDS is also expanding its IP-based business by partnering with global media and game companies including Netflix, SUPERCELL and NEXON, further diversifying its digital contents to become a leading global creative studio. LINE FRIENDS has also collaborated with a number of renowned brands including Bang&amp;Olufsen, Converse, LAMY, and Leica, all aligned with the company&rsquo;s philosophy and&nbsp;value to release premium character products. LINE FRIENDS has operated more than 260 stores in a total of 15 markets in New York, LA, Tokyo, Seoul and Shanghai. Since it became an&nbsp;independent company in January 2015, LINE FRIENDS continues to win the hearts of Millennials and Gen Z worldwide through interactive digital communication across multiple&nbsp;retail touchpoints including its online sales platforms.

LINE Launches the LINE FRIENDS NFT Collection

■ Users in Korea can trade LINK on Bithumb with Bitcoin
&nbsp;
TOKYO &ndash; August 13, 2021 &ndash;&nbsp;LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE's crypto asset and blockchain-related businesses, today made LINE&rsquo;s crypto asset LINK available on Bithumb, a leading digital asset exchange in Korea.
&nbsp;
Bithumb is one of the leading digital exchanges in Korea, with more than a million users on the platform, and offering more than 180 coins for trading. Users in Korea are now able to trade LINK (LN) with Bitcoin on Bithumb. With this exchange, LINK is now listed on LINE BITMAX, BITFRONT and Bithumb.
&nbsp;
Details regarding LINK trading can be found on the LINE Blockchain website (https://www.finschia.network/) and Bithumb website (https://www.bithumb.com/).
&nbsp;
LINE has been introducing an array of blockchain services based on LINE Blockchain and its crypto asset LINK, including a blockchain developers&rsquo; platform, crypto exchanges and opening a beta version of an NFT market on LINE BITMAX. In addition, LINK has been integrating with LINE&rsquo;s services, including LINE Score and LINE Securities, as we seek to expand the LINE token economy and blockchain ecosystem.
&nbsp;
Aiming to become a blockchain &ldquo;Designed for Everyone,&rdquo; LINE plans to continue broadening the ways it uses LINK to further develop a token economy where all participants can grow together.
&nbsp;
■ LINK Overview
&bull; Name: LINK (LN)
&bull; Issuer: LINE TECH PLUS PTE. LTD.
&bull; Unit: LINK
&bull; Number of tokens issued: Limited to 1 billion (800 million to be issued as user incentives and 200 million are LTP&rsquo;s reserves)
&bull; Description: LINK is a crypto asset issued using LINE Blockchain (formerly called LINK Chain), LINE&rsquo;s proprietary private blockchain network.
&nbsp;
###
&nbsp;
■ About LINE
Based in Japan, LINE is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. LINE joined the Z Holdings Group, one of the largest internet service groups in Japan, following the completion of a business integration in March 2021.
&nbsp;
■ About Bithumb
Bithumb, which has the largest number of members among Korea's digital asset exchanges, provides various services such as deposits and staking as well as transactions as a leading digital asset exchange centered on customers based on its rich liquidity, safe trading environment, and transparent operational policies. Starting with the opening of the Bitcoin (BTC) market in 2021, Bithumb provides more than 180 coin transactions and plans to increase accessibility of digital asset markets and provide selected quality information.

LINE Launches Its Crypto Asset ‘LINK’ on Bithumb

Enables unique and irreplaceable NFTs to be easily traded in YAHUOKU!
&nbsp;
Yahoo Japan Corporation (Head office: Chiyoda-ku, Tokyo; President and Representative Director, CEO: Kentaro KAWABE; hereinafter &ldquo;Yahoo! JAPAN&rdquo;) and LVC Corporation (Head office: Shinagawa-ku, Tokyo; CEO: Inkyu LIM; hereinafter &ldquo;LVC&rdquo;), a subsidiary of LINE Corporation (Head office: Shinjuku-ku, Tokyo; President and Representative Director, CEO: Takeshi IDEZAWA; hereinafter &ldquo;LINE&rdquo;), have decided to collaborate in the field of NFT business to expand the secondary market. LVC is an operator of LINE&rsquo;s cryptoasset and blockchain businesses. NFTs based on LINE Blockchain, LINE&rsquo;s proprietary blockchain, are scheduled to be available for trading on YAHUOKU!, an online auction service provided by Yahoo! JAPAN, beginning this winter.
&nbsp;
An NFT (Non-Fungible Token) is a unique and irreplaceable digital token on the blockchain, which is a mechanism to prove the uniqueness and the owner of digital items and content. Until now, the hurdle to participate in trading NFT items has been high, as it requires procedures on a dedicated platform.
&nbsp;
Since August 2020, LVC has provided LINE BITMAX Wallet*1, a digital wallet for managing digital assets such as NFTs that are issued in LINE Blockchain. In June 2021, LVC has also began providing NFT Market &beta;, which enables the trading of NFTs within LINE BITMAX Wallet*2. The official version is scheduled to be released this summer, and LVC aspires to provide a No. 1 NFT marketplace in Japan.
&nbsp;
Through the collaboration between the two companies, YAHUOKU! will be a marketplace in which users can easily sell and bid on NFTs managed in LINE BITMAX Wallet, which are issued based on LINE Blockchain. Utilizing the auction mechanism where the price increases according to the market value, we will provide an NFT marketplace where more people can easily trade NFTs. We will also work with various partners to stimulate the distribution of valuable content and contribute to the expansion of the secondary market of NFTs.
&nbsp;
Yahoo! JAPAN and LINE will strengthen their cooperation in numerous services, based on the premise of improving various issues related to the safety and security of users and data governance. By enhancing the synergy effects of the collaboration, we will provide the best user experience and strive to solve social issues.
-
Reference press releases:
*1&nbsp;<a href="https://linecorp.com/en/pr/news/en/2020/3386">https://linecorp.com/en/pr/news/en/2020/3386</a>
*2&nbsp;<a href="https://linecorp.com/ja/pr/news/ja/2021/3813">https://linecorp.com/ja/pr/news/ja/2021/3813</a>&nbsp;(Japanese only)

Yahoo! JAPAN and LINE to Collaborate in NFT to Expand Secondary Market

TOKYO &ndash; October 7, 2020 &ndash; LINE Corporation ("LINE")&nbsp;announced today&nbsp;a list of services that were developed on LINE's proprietary blockchain, "LINE Blockchain," through LINE TECH PLUS PTE. LTD. (&ldquo;LTP&rdquo;). LTP is a subsidiary of LVC Corporation ("LVC"), operator of LINE's cryptocurrency and blockchain-related businesses.
&nbsp;
LINE Blockchain is a blockchain developed independently by LINE. LINE Blockchain Developers*1 provides an easy and efficient way for developers to build blockchain services (dApps*2) based on LINE Blockchain. Blockchain technology can also be readily added to existing services for one-of-a-kind token economies. Tokens issued by services made with the platform can be linked to and managed with BITMAX Wallet (which is in turn linked with LINE IDs), opening up the option of creating services that fully or partially leverage LINE's userbase. Over one hundred requests were submitted within six days after LINE Blockchain Developers was launched on August 26, 2020.
*1 See press release:&nbsp;<a href="https://linecorp.com/ja/pr/news/ja/2020/3385">https://linecorp.com/ja/pr/news/ja/2020/3385</a>&nbsp;(Japanese only) *2 dApp (Decentralized Application): Distributed apps and services based on blockchain technologies
&nbsp;
LINE is proud to announce an inaugural list of third-party services that are/will be offered on LINE Blockchain. Additional services are scheduled to be launched in the near future.
&nbsp;
1. Knight Story (Mobile RPG Game) Blockchain game developer Biscuitlabs launched the Japanese version of its mobile RPG game Knight Story. Players become knights and team up with pets as they battle and collect materials to create various equipment to strengthen themselves. Combine over seventy types of materials like wood and copper, and transform them into over two hundred items, such as swords, bows, and armors. All in-game items are NFT (Non-Fungible Token) assets where players can exchange/sell ownership of the items they have.
 ・ Launch date: September 30, 2020 ・ Service website: <a href="https://knightstory.page.link/app">https://knightstory.page.link/app</a>
&nbsp;
2. linksign (Digital Contract Service) Legal-tech company Comake offers linksign, a digital contract solution based on AI and blockchain. As a one-stop solution, linksign covers the entire contract lifecycle, from drafting to reviewing, signing, and execution. Users can select from available templates to easily create a contract. All contract process can be confirmed in real time, and users can be reassured that blockchain technology prevents tampering or forging of contracts.
 ・ Launch date: September 30, 2020 ・ Service website: <a href="https://www.linksign.jp/">https://www.linksign.jp/</a>
&nbsp;
3. aFan (Social Media) 
aFan by Common Computer is a new social media based on blockchain that connects creators with fans. Users can support creators, such as photographers and illustrators, and their creative activities by becoming their fans and making direct donations. The platform's token, Fanco, allows deeper interaction between creators and fans than the traditional social media likes and comments.
 ・ Launch date: Early October, 2020 (Tentative) ・ Service website: <a href="https://afan.ai/ja">https://afan.ai/ja</a>
&nbsp;
4. League of Kingdoms for LINE Blockchain (MMO Strategy Game) Blockchain game developer NOD Games is planning to launch the Japanese version of its MMO strategy game League of Kingdoms for LINE Blockchain in the end of October 2020. Players build their own kingdom and join allies or battles to expand their territory. Players can convert in-game assets into blockchain item tokens to gain complete ownership of assets and use them for various transactions in the game. By further leveraging blockchain technology, a new system is in planning where players get to decide the overall direction of the gameplay.
 ・ Launch date: October 31, 2020 (Tentative) ・ Service website: <a href="https://ln.leagueofkingdoms.com/">https://ln.leagueofkingdoms.com</a>
&nbsp;
5. CryptoDozer (Coin Pusher Game) Blockchain game developer PlayDapp plans to launch CryptoDozer, modeled after coin pusher games, in 2020 for the Japanese audience. Line up your coins to receive more than thirty types of cute Dozer dolls, and combine Dozer dolls to receive fancy dolls. Enhance your dolls for a more stimulated gameplay.
 ・ Launch date: in 2020 (Tentative) ・ Service website: <a href="https://link.cryptodozer.io/">https://link.cryptodozer.io</a>
&nbsp;
6. SOMESING (Social Karaoke App) Entertainment service provider Emel Ventures plans to launch its social karaoke app SOMESING in 2020 for the Japanese audience. Users can enjoy high audio quality karaoke anytime, anywhere, on their own or duet with friends across the globe. SOMESING is the first karaoke app in the world to leverage blockchain technology with an individual reward system where users can receive fair compensation for what they sing.
 ・ Launch date: in 2020 (Tentative)
&nbsp;
7. Theta.tv (Video Streaming Platform) Video streaming service provider Theta Labs (Theta Network) plans to release Theta.tv, a video streaming platform for eSports, in 2020 for the Japanese audience. Users can receive rewards by watching content and sharing the bandwidth with other viewers. Users can also subscribe to their favorite creators and send donations.
 ・ Launch date: in 2020 (Tentative) ・ Service website: <a href="https://www.thetatoken.org/link">https://www.thetatoken.org/link</a>
&nbsp;
8. Crypto Sports (Tentative) (Sports Game) AXEL MARK INC. and OneSports Inc., a wholly owned subsidiary of AltPlus Inc., join hands to develop a game on LINE Blockchain that leverages professional sports license. This game is tentatively scheduled to launch in or after 2021. Players participate in games to develop athletes, and eventually trade them to other teams.
 ・ Launch date: in or after 2021 (Tentative) ・ Corporate websites: ・ AXEL MARK INC. <a href="https://www.axelmark.co.jp/">https://www.axelmark.co.jp/</a> ・ AltPlus Inc. <a href="https://www.altplus.co.jp/">https://www.altplus.co.jp/</a> ・ OneSports Inc. <a href="https://www.altplus.co.jp/onesports">https://www.altplus.co.jp/onesports</a>
&nbsp;
※ Listed in the order of service launch date and alphabetical order in Japanese

Under the concept of "LINE Blockchain: connecting with your every day," LINE will continue striving to provide blockchain services and technologies that can be integrated into users' daily lives.
&nbsp;
###
&nbsp;
■ About LINE Corporation
(1) Name: LINE Corporation (2) Head office: JR Shinjuku Miraina Tower 23F, 4-1-6 Shinjuku, Shinjuku-ku, Tokyo (3) Representative: Takeshi Idezawa, Representative Director, President, and CEO (4) Business: Provision and operation of the LINE messaging app and content and services made available on the LINE platform, in addition to other web service businesses and AI businesses (5) Capital: JPY 97.032 billion (as of March 31, 2020) (6) Date of establishment: September 4, 2000
&nbsp;
■ About LINE TECH PLUS PTE. LTD
(1) Name: LINE TECH PLUS PTE. LTD. (2) Head office: 10 Anson Road, #23-14L International Plaza, Singapore 079903 (3) Representative: HeeWoo Lee, Representative Director (4) Business: Issuance of crypto asset &ldquo;LINK&rdquo; (5) Established: April 11, 2018

LINE Announces First LINE Blockchain-powered Third Party Services

<h4>● LINE Pay, LINE Securities, and LINE Score users to receive campaign LINK Rewards exchangeable to LINE's crypto asset LINK</h4>
&nbsp;
TOKYO &ndash; September 18, 2019 &ndash; LINE Corporation ("LINE") announces the launch of LINK Rewards Program through LINE TECH PLUS PTE. LTD. (&ldquo;LTP&rdquo;), a subsidiary of LVC Corporation ("LVC"), operator of LINE's cryptocurrency and blockchain-related businesses, where companies can grant LINK Rewards to users who contribute to their services. LINK Rewards can be converted to LINE's proprietary crypto asset LINK. Campaign launches today on mobile money transfer and payment service LINE Pay, mobile investment service LINE Securities, and scoring service LINE Score.
&nbsp;
LINE Rewards Program allows businesses to grant LINK Rewards, a right to exchange to LINE's proprietary crypto asset LINK, to users who contribute to their service. User must open an account on crypto asset exchange BITMAX in order to convert LINK Rewards into LINK. LINK is a crypto asset issued using LINE&rsquo;s blockchain network LINE Blockchain. It was created as an incentive to reward users who contribute to the growth of LINE's services. User receives LINK through LINE's crypto asset exchange BITMAX and digital asset wallet BITMAX Wallet*, allowing companies to make the LINK Rewards Program easily available in their service.
<h5>*See press release: <a href="https://linecorp.com/ja/pr/news/ja/2020/3385">https://linecorp.com/ja/pr/news/ja/2020/3385</a></h5>
&nbsp;
Starting today, LINE's three Fintech services&mdash;LINE Pay, LINE Securities, and LINE Score&mdash;conduct campaigns for users to receive LINK Rewards by achieving certain conditions. LINE Family apps and partner companies are expected to join this program. Refer to the following website for campaign details.

LINK Rewards Program website: <a href="https://www.finschia.network/ja/linkrewards/">https://www.finschia.network/ja/linkrewards/</a> (Japanese only)
&nbsp;
<h4>● LINE Pay: Apply for family credit card and receive up to JPY 5,000 equivalent LINK Rewards</h4>
Campaign Overview:
▸ JPY 2,000 equivalent LINK Rewards will be given to the first 10,000 users who issue a Visa LINE Pay family credit card.
▸ JPY 3,000 equivalent LINK Rewards will be given for making a total purchase of over JPY 15,000 on the family credit card within the designated campaign period.
<h5>*LINK Rewards will be issued to the primary member who applies for the family credit card.</h5>

Campaign period:
▸ Apply for family credit card: 12 am on September 18, 2020 until 11:59 pm on September 30, 2020 (GMT+9)
▸ Make purchases on the family credit card: 12 am on September 18, 2020 until 11:59 pm on October 31, 2020 (GMT+9)
&nbsp;
Refer to the following website for campaign details and caveats. https://linepay.line.me/promotion/creditcard-linepay-202009-familycards.html (Japanese only)
&nbsp;
<h4>● LINE Securities: Open an account and answer a survey to receive up to JPY 500 equivalent LINK Rewards</h4>
Campaign overview:
▸ JPY 500 equivalent LINK Rewards will be given for opening a LINE Securities account and answering a survey.

Campaign period:
▸ 12 am on September 18, 2020 until 11:59 pm on October 20, 2020 (GMT+9)
&nbsp;
Refer to the following website for campaign details and caveats. <a href="https://lin.ee/Hh1zKqm/yvrk">https://lin.ee/Hh1zKqm/yvrk (Japanese only)</a>
&nbsp;
● LINE Score: Calculate your score and receive JPY 30 equivalent LINK Rewards
Campaign overview:
▸ JPY 30 equivalent LINK Rewards will be given to the first 50,000 users who calculate their scores and fill in a Q&amp;A form.

Campaign period:
▸ 12 am on September 18, 2020 until 11:59 pm on October 18, 2020 (GMT+9)
&nbsp;
Refer to the following website for campaign details and caveats. <a href="https://lin.ee/L6uD1Y6/ifyc">https://lin.ee/L6uD1Y6/ifyc</a> (Japanese only, smartphone only)

LINE Launches LINK Rewards Program

LINE Launches LINE Blockchain Developers and BITMAX Wallet

TOKYO &ndash; August 17, 2020 &ndash; LVC Corporation, operator of LINE's crypto asset and blockchain-related businesses, announces that the total purchase amount for its proprietary crypto asset LINK, issued by its subsidiary LINE TECH PLUS PTE. LTD. on the crypto asset exchange BITMAX, exceeded JPY 100 million as of August 11, only six days after the currency's launch on August 6.
&nbsp;
LINK is a crypto asset issued using LINE&rsquo;s proprietary private blockchain network LINE Blockchain (formerly known as LINK Chain). It was created as an incentive to reward users who contribute to the growth of LINE's services on its blockchain. Issuance began in August 2018, and the token debuted on the cryptocurrency exchange BITBOX (available worldwide excluding Japan) on October 16, 2018. BITBOX was replaced by BITFRONT in February 2020.
&nbsp;
Offering of LINK on the Japan-based crypto asset exchange BITMAX began on August 6, 2020. Only six days later, on August 11, total LINK purchase amount on BITMAX exceeded JPY 100 million, with over 10,000 users registered on BITMAX in the first week*1
&nbsp;
Certain restrictions apply to trading and holding LINK. See the link below for details. Trading restrictions will be updated taking in the market conditions.
<a href="https://terms2.line.me/ln_trade_explanations">https://terms2.line.me/ln_trade_explanations</a> (Japanese only)
&nbsp;
BITMAX was released on September 17, 2019 and has been popular among a wide range of users, notably new and beginner crypto asset traders. BITMAX is highly recognized for its seamless access from the LINE app, fast and easy deposit/withdraw through LINE Pay, and the ability to trade with little money.*2 While safety and security remains top priority, BITMAX offers simple and intuitive UI and UX as an introductory level crypto exchange for crypto trading beginners.
&nbsp;
*1 Number of users who agreed to BITMAX Terms of Use. *2 Reference:<a href="https://linecorp.com/ja/pr/news/ja/2020/3144">https://linecorp.com/ja/pr/news/ja/2020/3144</a> (Japanese only)

LINE Crypto Asset LINK Exceeds JPY 100 Million in Purchased Amount

TOKYO &ndash; August 6, 2020 &ndash; LVC Corporation, a subsidiary of LINE Corporation and operator of LINE's crypto asset and blockchain-related businesses, today began offering LINK on the Japan-based crypto asset exchange BITMAX. LINK is a crypto asset issued by LVC and the LINE subsidiary LINE TECH PLUS PTE. LTD.
&nbsp;
BITMAX was released on September 17, 2019 as a crypto asset exchange service conveniently accessible through the LINE messaging app in Japan, where LINE has more than 84 million monthly active users. Since launching, BITMAX has been particularly popular among beginner crypto asset traders. And now, BITMAX has become the first crypto asset exchange in Japan to offer LINK, LINE&rsquo;s proprietary crypto asset.
&nbsp;
All told, BITMAX now supports six crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and LINK (LN).
&nbsp;
LINE&rsquo;s proprietary crypto asset LINK
LINK is a crypto asset issued using LINE&rsquo;s proprietary private blockchain network LINE Blockchain (formerly known as LINK Chain). It was originally created as an incentive to reward users who contribute to the growth of services available through LINE. Issuance began in August 2018, and the token debuted on the cryptocurrency exchange BITBOX *1 (available worldwide excluding Japan) on October 16, 2018. BITBOX was then replaced by BITFRONT in February 2020*2.
*1: Press release from July 16, 2018:&nbsp;<a href="https://linecorp.com/en/pr/news/global/2018/17" target="_blank" rel="noopener noreferrer">https://linecorp.com/en/pr/news/global/2018/17</a>
*2: Press release from February 28, 2020:&nbsp;<a href="https://linecorp.com/en/pr/news/global/2020/49" target="_blank" rel="noopener noreferrer">https://linecorp.com/en/pr/news/global/2020/49</a>
&nbsp;
For LINK, 1 billion LINK tokens will be issued, with 800 million to be used as reward incentives to LINE users for using LINE services according to the company&rsquo;s user incentive policy. LTP will manage the remaining 200 million as a reserve. Details regarding the total number of LINK tokens issued as well as their distribution status among LINE users is published on LINE Blockchain Explorer (formerly known as LINK SCAN).
- LINE Blockchain Explorer:&nbsp;<a href="https://scan.link.network/0x3001004/main" target="_blank" rel="noopener noreferrer">https://scan.link.network/0x3001004/main</a>
&nbsp;
Preparation of a LINE Token Economy
LINE unveiled its LINE Token Economy concept*3 in 2018, with the aim of building a LINE Blockchain ecosystem (formerly known as the LINK ecosystem) based on its proprietary blockchain network to foster a co-creative relationship between users and service providers. In the ecosystem, active users of dApp*4 services are rewarded with LINK tokens in proportion to their activity and contribution rate. Thanks to blockchain technology, user contributions can be recognized and rewarded accurately and transparently using LINK tokens, resulting in a virtuous cycle of increased user motivation and service growth. The LINE Token Economy concept is a win-win proposal for both users and service providers to foster a co-creative relationship to jointly improve the quality of services.
*3: Press release from August 31, 2018:&nbsp;<a href="https://linecorp.com/en/pr/news/global/2018/20" target="_blank" rel="noopener noreferrer">https://linecorp.com/en/pr/news/global/2018/20</a>
Press release from September 27, 2018:&nbsp;<a href="https://linecorp.com/en/pr/news/en/2018/2399" target="_blank" rel="noopener noreferrer">https://linecorp.com/en/pr/news/en/2018/2399</a>
*4: &ldquo;dApps&rdquo; refers to decentralized apps, built with blockchain technology.
&nbsp;
LINK&rsquo;s role in the LINE Token Economy is to incentivize user action. LINK tokens are rewarded to users for their contributions to a dApp service. As these services grow, the token economy will also expand. If demand for LINK increases in parallel, its value may increase as well. To enable users to enjoy spending their earned tokens on various dApp services, LINE is currently making preparations with its family of apps as well as third-party service providers. LINK can also be exchanged with fiat money on BITMAX.
&nbsp;
LINE Token Economy concept diagram:
<img src="https://d.line-scdn.net/stf/linecorp/en/pr/LINETokenEconomy_image.png" alt="" width="504" height="382" style="display: block; margin-left: auto; margin-right: auto;" />
&nbsp;
LINE Blockchain
An official website and a white paper about LINE Blockchain, LINE&rsquo;s blockchain business, was published today. They include details on such topics as LINK and the LINE Token Economy.
&nbsp;
- LINE Blockchain official website:&nbsp;<a href="https://www.finschia.network/" target="_blank" rel="noopener noreferrer">https://www.finschia.network</a>
- White paper on LINE Blockchain: <a href="https://www.finschia.network/wp-content/uploads/2020/07/LINE-Blockchain-Whitepaper-v2.1_EN.pdf" target="_blank" rel="noopener noreferrer">https://www.finschia.network/wp-content/uploads/2020/07/LINE-Blockchain-Whitepaper-v2.1_EN.pdf</a>&nbsp;&nbsp;(English)
<a href="https://www.finschia.network/wp-content/uploads/2020/07/LINE-Blockchain-Whitepaper-v2.1_JP.pdf" target="_blank" rel="noopener noreferrer">https://www.finschia.network/wp-content/uploads/2020/07/LINE-Blockchain-Whitepaper-v2.1_JP.pdf</a>&nbsp; (Japanese translation for reference)
&nbsp;
LINE is also proud to announce that it will be opening a platform to third-party developers for developing LINE Blockchain-based services. Dubbed LINE Blockchain Developers, the platform will enable service providers to easily build the blockchain services.
&nbsp;
About LINK
- Name: LINK
- Ticker: LN
- Issuer: LINE TECH PLUS PTE. LTD.
- Unit: LINK
- Number of tokens issued: Limited to 1 billion (800 million to be issued as user incentives and 200 million are LTP&rsquo;s reserves)
- Description: LINK is a crypto asset issued using LINE Blockchain (formerly called LINK Chain), LINE&rsquo;s proprietary private blockchain network.
&nbsp;
Using BITMAX services
・To begin using BITMAX, users tap the BITMAX icon in the Wallet tab in the LINE app. Next, they are prompted to read through and accept the terms of use, register their personal information, and complete the identity verification process. Users can start trading once LINE finishes verifying their identity.
・Users can verify their identity by linking their bank account and presenting a piece of photo ID, or using the &ldquo;Verify with your smartphone&rdquo; option. More information can be found at the link below:
<a href="http://bitmax-mag.line.me/archives/15216188.html" target="_blank" rel="noopener noreferrer">http://bitmax-mag.line.me/archives/15216188.html</a>&nbsp;(Japanese only)
・Type of service: Fiat-to-crypto exchange
・Listed crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and LINK (LN)
・Available to: Users who meet the following description at the time of opening a new BITMAX account.
- Owner of a LINE account
- Between 20&ndash;74 years old
- Resident of Japan

More details on the conditions for opening a BITMAX account can be found under "Section 4 - Opening a BITMAX Account" in the BITMAX Terms of Use:
<a href="https://terms2.line.me/lvc_terms" target="_blank" rel="noopener noreferrer">https://terms2.line.me/lvc_terms</a>&nbsp;(Japanese only)
・Fees: Opening a BITMAX account is free, however, fees will apply to deposit and withdraw yen as well as to withdraw crypto assets. Additionally, while there are no trading fees, there will be spreads (the difference between the buying and selling price). More information on various fees can be found under "Trading Overview and Fees" here:
<a href="https://terms2.line.me/lvc_outline" target="_blank" rel="noopener noreferrer">https://terms2.line.me/lvc_outline</a>&nbsp;(Japanese only)
・Important points to keep in mind when trading crypto assets can be found under "About the Service Provider and Trading Risks, etc." here:
<a href="https://terms2.line.me/lvc_adnotice" target="_blank" rel="noopener noreferrer">https://terms2.line.me/lvc_adnotice</a>&nbsp;(Japanese only)
&nbsp;
About LVC Corporation
(1) Name: LVC Corporation
(2) Head office: Sumitomo Fudosan Osaki Garden Tower 22F, 1-1-1 Nishishinagawa, Shinagawa-ku, Tokyo
(3) Representative: Inkyu Lim, Representative Director and President
(4) Business: Holding company operating crypto asset brokerage and blockchain-related businesses
(5) Capital: JPY 5.06 billion (as of October 4, 2019)
(6) Established: January 31, 2018
(7) Registration number: Crypto asset exchange agency, Director of the Kanto Local Finance Bureau No. 00017
&nbsp;
About LINE TECH PLUS PTE. LTD&nbsp;
(1) Name: LINE TECH PLUS PTE. LTD.
(2) Head office: 10 Anson Road, #23-14L International Plaza, Singapore 079903
(3) Representative: HeeWoo Lee, Representative Director
(4) Business: Issuance of crypto asset &ldquo;LINK&rdquo;
(5) Established: April 11, 2018

LINE Crypto Asset ‘LINK’ Launches on BITMAX Exchange

TOKYO &ndash; August 4, 2020 &ndash;&nbsp;LVC Corporation (&ldquo;LVC&rdquo;), a subsidiary of LINE Corporation (&ldquo;LINE&rdquo;) and operator of LINE&rsquo;s crypto asset and blockchain-related businesses, announces that it will begin offering LINK, a crypto asset issued by LVC and LINE&rsquo;s subsidiary &ndash; LINE TECH PLUS PTE. LTD. (&ldquo;LTP&rdquo;) &ndash; from August 6, 2020 on the crypto asset exchange BITMAX based in Japan.
&nbsp;
Although BITMAX is the first exchange to offer LINK in Japan, the LINE-branded crypto asset has been tradable since October 16, 2018 on BITBOX, the predecessor of the global digital asset exchange BITFRONT (available in all regions except Japan).*1&nbsp;With the addition of LINK, BITMAX is now expected to support six crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and LINK (LN).
*1: Reference (press release)&nbsp;<a href="https://linecorp.com/en/pr/news/global/2020/49">https://linecorp.com/en/pr/news/global/2020/49</a>
&nbsp;
The date to begin supporting LINK is tentative, and any schedule changes will be announced separately.
&nbsp;
About LINK
&ndash; Name: LINK
&ndash; Ticker: LN
&ndash; Issuer: LINE TECH PLUS PTE. LTD.
&ndash; URL:&nbsp;<a href="https://link.network/ja/">https://link.network/ja/</a>
&ndash; Description: LINK is issued using LINK Chain, LINE&rsquo;s proprietary private blockchain network.
&ndash; Offered from: 12:00pm on August 6, 2020 (JST)
&nbsp;
About LVC Corporation
(1) Name: LVC Corporation
(2) Head office: Sumitomo Fudosan Osaki Garden Tower 22F, 1-1-1 Nishishinagawa, Shinagawa-ku, Tokyo
(3) Representative: Inkyu Lim, Representative Director and President
(4) Business: Holding company operating crypto asset brokerage and blockchain-related businesses
(5) Capital: JPY 5.06 billion (as of October 4, 2019)
(6) Established: January 31, 2018
(7) Registration number: Crypto asset exchange agency, Director of the Kanto Local Finance Bureau No. 00017&nbsp;
&nbsp;
About LINE TECH PLUS PTE. LTD
(1) Name: LINE TECH PLUS PTE. LTD.
(2) Head office: 10 Anson Road, #23-14L International Plaza, Singapore 079903
(3) Representative: Lee HeeWoo, Representative Director
(4) Business: Issuance of crypto asset &ldquo;LINK&rdquo;
(5) Established: April 11, 2018
&nbsp;
About BITMAX services
・To begin using BITMAX, users tap the BITMAX icon in the Wallet tab in the LINE app. Next, they are prompted to read through and accept the terms of use, register their personal information, and complete the identity verification process. Users can start trading once LINE finishes verifying their identity.
・Users can verify their identity by linking their bank account and presenting a piece of photo ID, or using the &ldquo;Verify with your smartphone&rdquo; option. More information can be found at the link below:
<a href="http://bitmax-mag.line.me/archives/15216188.html">http://bitmax-mag.line.me/archives/15216188.html</a>&nbsp;(Japanese only)
・Type of service: Fiat-to-crypto exchange
・Listed crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC)
・Available to: Users who meet the following description at the time of opening a new BITMAX account.
&ndash; Owner of a LINE account
&ndash; Between 20&ndash;74 years old
&ndash; Resident of Japan
&nbsp;
More details on the conditions for opening a BITMAX account can be found under &ldquo;Section 4 &ndash; Opening a BITMAX Account&rdquo; in the BITMAX Terms of Use:
<a href="https://terms2.line.me/lvc_terms">https://terms2.line.me/lvc_terms</a>&nbsp;(Japanese only)
・Fees: Opening a BITMAX account is free, however, fees will apply to deposit and withdraw yen as well as to withdraw crypto assets. Additionally, while there are no trading fees, there will be spreads (difference between the buying and selling price). More information on various fees can be found under &ldquo;Trading Overview and Fees&rdquo; here:
<a href="https://terms2.line.me/lvc_outline">https://terms2.line.me/lvc_outline</a>&nbsp;(Japanese only)
・Important points to keep in mind when trading crypto assets can be found under &ldquo;About the Service Provider and Trading Risks, etc.&rdquo; here:
<a href="https://terms2.line.me/lvc_adnotice">https://terms2.line.me/lvc_adnotice</a> (Japanese only)

BITMAX Exchange Begins Offering LINE's Crypto Asset “LINK” From August 6

● Safe and secure transactions backed by security technologies that safeguard LINE&rsquo;s 81 million users ● Users can deposit and withdraw from their LINE Pay account
&nbsp;
TOKYO &mdash; September 17, 2019 &ndash;LVC Corporation (&ldquo;LVC&rdquo;), a subsidiary of LINE Corporation (&ldquo;LINE&rdquo;) and operator of LINE&rsquo;s cryptocurrency and blockchain-related businesses, announces that BITMAX, a cryptocurrency exchange for the Japanese market, has gone live from today.*1
*1 BITMAX services will be available in stages from 3 pm (GMT+9) on September 17, 2019 (available first on Android).

The iOS version was launched on September 26, 2019.
<figure class="graf graf--figure graf--layoutOutsetCenter"><img class="graf-image" src="https://cdn-images-1.medium.com/max/2400/1*oPE2CqJwAYtTwoeDJmJP3w.png" data-image-id="1*oPE2CqJwAYtTwoeDJmJP3w.png" data-width="1120" data-height="530" width="658" height="311" style="display: block; margin-left: auto; margin-right: auto;" /></figure>
Available through the Wallet tab on the LINE app &mdash; used by 81 million MAU in Japan alone &mdash; BITMAX is a simple and secure cryptocurrency exchange that makes getting started easy even for beginners at cryptocurrency trading. Putting peace of mind and security at the forefront, the BITMAX exchange will allow users to trade five types of cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). BITMAX is a separate service from the BITBOX cryptocurrency exchange,*2the latter of which is already available worldwide (excluding Japan and the US).

LINE is making money more accessible to people around the world by developing and delivering a wide range of financial services unique to LINE. As part of these efforts, the company&rsquo;s Singapore-based subsidiary LINE Tech Plus PTE. LTD. has been operating the BITBOX cryptocurrency exchange since July 2018. In the leadup to BITMAX&rsquo;s launch, LVC became a registered cryptocurrency exchanger under Japan&rsquo;s Payment Services Act.
*2 Press release: &ldquo;BITBOX Digital Token Exchange Begins Operations&rdquo; <a class="markup--anchor markup--p-anchor" href="https://linefinancialcorp.com/ja/pr/news/2018/1" target="_blank" rel="noopener noreferrer" data-href="https://linefinancialcorp.com/ja/pr/news/2018/1">https://linefinancialcorp.com/en/pr/news/2018/7</a>
&nbsp;
<h3 class="graf graf--h4">Background to&nbsp;BITMAX</h3>
Under its corporate mission of &ldquo;Closing the Distance,&rdquo; LINE strives to create value for its users by making the LINE app into a gateway for a &ldquo;Smart Portal&rdquo; that seamlessly connects all types of people, information, content, and services &mdash; both offline and online &mdash; as close as they want, anywhere they are, 24/7. In the Fintech domain, LINE is aiming to provide a highly convenient user experience by connecting people and money at the most comfortable distance. To that end, the company is taking on new challenges in business areas such as payments, investment, securities, insurance, household budgeting, and loans.

In recent years, Japan has been shifting more and more towards a cashless society. At the same time, technological advances have also generated a bevy of Fintech services, changing the very way people think about money. Among these Fintech services, LINE sees the cryptocurrency industry as one with new user needs waiting to be met and the potential to deliver next-generation technological paradigms. Additionally, proof of concepts for blockchain &mdash; the core technology of cryptocurrency &mdash; have been flourishing in many different areas, demonstrating the technology&rsquo;s potential to change future ecosystems and economic systems. LINE itself has also already unveiled its LINE Token Economy concept,*3which will use the company&rsquo;s proprietary blockchain network LINK Chain in building an ecosystem that fosters a co-creative relationship between users and service providers.

Having anticipated Fintech&rsquo;s changing user needs and technological background, LINE (through LINE Tech Plus) launched the BITBOX cryptocurrency exchange globally last year. This time around, the company has completed registration as a cryptocurrency exchanger in Japan and launched the BITMAX exchange for the domestic market.

While numerous existing exchanges already have a large customer base, LINE sees cryptocurrency exchanges as still in their infancy, and believes the industry has potential for even greater growth. Along with the various services offered on the LINE app (currently used by 81 million users in Japan and a total of 164 million users across LINE&rsquo;s four key markets), the company has been one of the heaviest investors among Japan&rsquo;s internet businesses into security measures. This approach has extended to BITMAX, offering users a reliable and stable service that prioritizes security and safety above all else.
*3 Press release: &ldquo;LINE Launches Its 1st Cryptocurrency &lsquo;LINK&rsquo;&rdquo; <a class="markup--anchor markup--p-anchor" href="https://linefinancialcorp.com/en/pr/news/2018/14" target="_blank" rel="noopener noreferrer" data-href="https://linefinancialcorp.com/en/pr/news/2018/14">https://linefinancialcorp.com/en/pr/news/2018/14</a>
An English-language white paper on LINK can be found at <a class="markup--anchor markup--p-anchor" href="https://link.network/" target="_blank" rel="noopener noreferrer" data-href="https://link.network/">https://link.network/</a>. Currently, LINK is not available in Japan.
&nbsp;
<h3>Features of the BITMAX cryptocurrency exchange</h3>
1. Robust security measures ensure a secure and stable trading service
Since launching its first service in 2011, LINE has continued to make security the number one priority in all its communication services for its users. The experienced team behind the design, building, and operation of the LINE platform has also been responsible for building BITMAX&rsquo;s security environment. As part of cryptocurrency security measures, BITMAX uses the high-security wallet from BitGo Inc., a US-based provider of world-class technologies. BITMAX also clearly separates and manages customer assets from the company&rsquo;s own, as well as stores cryptocurrencies in a cold wallet. A dedicated team has been especially created to manage the cold wallet itself, as part of LINE&rsquo;s commitment to providing the most reliable and secure service possible.
&nbsp;
2. Links with LINE Pay, LINE&rsquo;s mobile money transfer and payment service
BITMAX links with the LINE Pay service, allowing for fast deposits and withdrawals in yen. Additionally, the identity verification process will be simplified for users who have already completed the process for LINE Pay. Users can also make deposits in yen through either their LINE Pay account or the bank account they have linked to LINE Pay.
&nbsp;
3. Easily accessible from the LINE app, with trades possible from a few hundred yen
BITMAX can be readily accessed from the Wallet tab on the LINE app. A simple and intuitive UI and UX also makes getting started easy for beginner investors and those new to cryptocurrencies. The low-cost starting point (starting from under JPY 1,000) also makes the service suited to users just wanting to dip into cryptocurrency trading or wanting to start with small sums.
&nbsp;
<h3 class="graf graf--h4">About BITMAX&nbsp;services</h3>
● How to get started: Users can access BITMAX by opening the Wallet tab in the LINE app and tapping the BITMAX icon. After agreeing to the terms of use, users then register their information and begin the identity verification process. Once LINE has completed screening of submitted identity documents, the user can start trading.
● Identity verification process: Users can verify their identity by either (1) linking their bank account and submitting a form of ID, (2) through LINE Pay eKYC, or (3) by post. More information can be found at the link below: <a class="markup--anchor markup--li-anchor" href="http://bitmax-mag.line.me/archives/15216188.html" target="_blank" rel="noopener noreferrer" data-href="http://bitmax-mag.line.me/archives/15216188.html">http://bitmax-mag.line.me/archives/15216188.html</a>(Japanese only)
● Type of service: Buying and selling service for cryptocurriences using legal tender
● Listed cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC)
● Available to: Users who meet the following criteria at the time of opening a new BITMAX account.- Already have a LINE account- Between 20&ndash;74 years old- Residing in Japan- More details on conditions for opening an account can be found under &ldquo;Section 4 &mdash; Opening a BITMAX Account&rdquo; in the BITMAX Terms of Use: <a class="markup--anchor markup--li-anchor" href="https://terms2.line.me/lvc_terms" target="_blank" rel="noopener noreferrer" data-href="https://terms2.line.me/lvc_terms">https://terms2.line.me/lvc_terms</a>(Japanese only)
● Fees: Opening a BITMAX account is free, but fees will apply when making deposits/withdrawals in yen and withdrawing cryptocurrencies. Additionally, while there are no trading fees, there may be spreads (difference between the buying and selling price). More information on various fees can be found under &ldquo;Trading Overview and Fees&rdquo; here: <a class="markup--anchor markup--li-anchor" href="https://terms2.line.me/lvc_outline" target="_blank" rel="noopener noreferrer" data-href="https://terms2.line.me/lvc_outline">https://terms2.line.me/lvc_outline</a>(Japanese only)
● Important points to keep in mind when trading cryptocurrencies can be found under &ldquo;About the Service Provider and Trading Risks, etc.&rdquo; here: <a class="markup--anchor markup--li-anchor" href="https://terms2.line.me/lvc_adnotice" target="_blank" rel="noopener noreferrer" data-href="https://terms2.line.me/lvc_adnotice">https://terms2.line.me/lvc_adnotice</a>(Japanese only)

<figure class="graf graf--figure graf--layoutOutsetCenter"><img class="graf-image" src="https://cdn-images-1.medium.com/max/2400/1*CfabrilCIvW11iHrpTVGPQ.png" data-image-id="1*CfabrilCIvW11iHrpTVGPQ.png" data-width="1120" data-height="530" width="651" height="308" style="display: block; margin-left: auto; margin-right: auto;" /></figure>
<figure class="graf graf--figure graf--layoutOutsetCenter"><img class="graf-image" src="https://cdn-images-1.medium.com/max/2400/1*TVjNOMsU1Qqws9kJu4QARA.png" data-image-id="1*TVjNOMsU1Qqws9kJu4QARA.png" data-width="1120" data-height="600" width="651" height="349" style="display: block; margin-left: auto; margin-right: auto;" /></figure>

About LINE Corporation
(1) Name: LINE Corporation (2) Head office: JR Shinjuku Miraina Tower 23F, 4&ndash;1&ndash;6 Shinjuku, Shinjuku-ku, Tokyo (3) Representative: Takeshi Idezawa, Representative Director, President, and CEO (4) Business: Provision and operation of the LINE messaging app and content and services made available on the LINE platform, in addition to other web service businesses and AI businesses (5) Capital: JPY 96.448 billion (as of June 30, 2019) (6) Date of establishment: September 4, 2000

&nbsp;
About LVC Corporation
(1) Name: LVC Corporation (2) Head office: Sumitomo Fudosan Osaki Garden Tower 22F, 1&ndash;1&ndash;1 Nishishinagawa, Shinagawa-ku, Tokyo (3) Representative: Yongsu Ko, Representative Director and CEO (4) Business: Holding company operating cryptocurrency brokerage and blockchain-related businesses (5) Capital: JPY 4.06 billion (6) Established: January 31, 2018 (7) Registration number: Cryptocurrency exchange agency, the Kanto Local Finance Bureau №00017

BITMAX Cryptocurrency Exchange for Japan Begins Operations

● Earn LINK Points with questions, answers, and votes
● Over 150 Wizball-authorized professionals available in a wide variety of topics, including IT, law, and leisure.
● Special promotion for users to receive a share of 10,000 LINK Points begins today
&nbsp;
TOKYO &ndash; December 19, 2017 &ndash; LINE Corporation ("LINE") announces the launch of the mobile browser version of its Q&amp;A Platform Wizball, one of the dApps (decentralized apps) built on LINK Chain, a blockchain network developed by LINE, following the PC and app (Android) versions released earlier.
&nbsp;
<img src="https://scdn.line-apps.com/stf/linecorp/ja/pr/wizball_11.png" alt="/stf/linecorp/ja/pr/wizball_11.png" width="632" height="359" style="display: block; margin-left: auto; margin-right: auto;" />
With the rise of fake news that intentionally disseminates false and groundless rumors, people are increasingly questioning the credibility of information found on the internet. In order to stop the spread of fake news and raise awareness about incorrect information, key social media and search services are taking active measures, such as running workshops on how to verify facts and compose accurate articles, in order to educate journalists on the importance of evaluating information from primary sources.
&nbsp;
Today, there are numerous Q&amp;A services available online that allow users to post questions and answers without revealing their identity. While anonymity lowers the barrier for people to join the platform, this also interferes with service provider intents to ensure information credibility, especially when offering professional advice.
&nbsp;
Against the backdrop that information integrity is being questioned, LINE announces the full-scale launch of Wizball, a Q&amp;A platform featuring advice from experts that is built on LINE's own blockchain network called LINK Chain.
&nbsp;
Wizball, delivered as a beta version in September 2018, is one of the dApps (decentralized apps) comprising the LINE Token Economy concept that aims to flatten the relationship between users and service providers and promote co-creation and mutual growth. More than 30,000 questions were posted within the first three months on PC browser and on Android app. Today, Wizball also becomes available on mobile browsers. *1
*1: Refer to <a href="https://linecorp.com/ja/pr/news/ja/2018/2395">https://linecorp.com/ja/pr/news/ja/2018/2395</a> (Japanese only)
&nbsp;
Wizball rewards users with LINK Points as an incentive to perform activities on its platform, such as posting questions, answering questions, and casting votes. Participants also gain WPs (Wiz Power) according to their level of contribution.&nbsp; Besides the LINK Point that one can receive for every activity on the service, Wizball also distributes dividend bonuses periodically based on the number of WPs and other criteria.
*1 LINK Point = 500 LINE Points
&nbsp;
Because Wizball operates on LINK Chain, LINE's own blockchain network, all records of distributed incentives are saved on the blockchain. This means that user valuation is determined in a trusted and transparent environment. LINE is currently working on utilizing blockchain technology for storing user contribution and other data as well. In this world where people are overloaded with information, LINE leverages its blockchain technology to create an environment that realizes unbiased information sharing for all users, eliminating arbitrariness of service providers.
&nbsp;
More on Q&amp;A Platform Wizball
■ Cannot find answers by conventional search or feel reluctant to ask a friend?
 Over 150 Wizball-authorized experts available from various fields&nbsp;
Wizball is the place to seek answers that may not be easily available by internet search. Users can ask questions that require highly professional knowledge, such as IT and law, or post more causal and daily inquiries, like personal relationships and travel tips. Wizball connects users with over 150 professionals in various fields, including IT, legal consultation, personal relationships, management, and more to receive useful advice and knowledge from certified experts.
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Key Categories
IT/Technology, Life, Entertainment, Travel, Love/Personal Relationships, Fashion/Beauty, Education/Academics/Law, Job Search/Workplace, Sports/Leisure, Business/Economics
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Professional Alliances
en Factory, Inc., SHAREDINE, Co., etc.
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● Earn LINK Points with questions, answers, and votes
 Periodic dividend bonuses delivered based on user contribution level
LINK Points are not only given to those who provide answers. Users can also earn LINK Points by posting questions or casting a vote. LINK Points can be exchanged to LINE Points, valued at JPY 1 per Point, and used as LINE Pay account balance to make payments at over one million locations across Japan or make purchases in various LINE services (residents of Japan only). In addition, Wizball delivers periodic dividend bonuses based on certain criteria such as the number of WPs (Wiz Power), which is accumulated by performing activities on the platform.
*1 LINK Point = 500 LINE Points
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■ Leverages LINE's own blockchain technology to offer a trusted and transparent Q&amp;A platform
All records of distributed incentives that are rewarded as a result of user activity (asking questions, answering questions, and casting votes) are saved on LINK Chain, LINE's own blockchain technology. This ensures that such data are reliable and transparent to all users on the blockchain network.
<img src="https://scdn.line-apps.com/stf/linecorp/ja/pr/wizball_12.png" alt="/stf/linecorp/ja/pr/wizball_12.png" width="1572" height="1180" />
The "LINE Token Economy" concept uses LINE's internally-developed blockchain network "LINK Chain" (mainnet) to build a "LINK Ecosystem" that aims to change the relationship between users and service providers from a hierarchical to a flat structure to promote co-creation and mutual growth.
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About Wizball
- Platforms: Browser (PC, mobile), App (Android)
- Language: Japanese
- Region: Japan
- Service launch: September 27, 2018 (beta version)
- Price: Free of charge
- Developer and operator: LINE Corporation
- Copyright: &copy; LINE Corporation
- Browser (PC) <a href="https://wizball.io">https://wizball.io</a>
- Browser (mobile) <a href="https://m.wizball.io">https://m.wizball.io</a>
- Google Play: <a href="https://play.google.com/store/apps/details?id=com.aube.linebaito">https://play.google.com/store/apps/details?id=com.aube.linebaito</a>

LINK dApp 'Wizball' Attracts Over 30,000 Questions

● GrayLab established to develop security solutions optimized for LINE services
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SEONGNAM, South Korea &ndash; December 12, 2018 &ndash;&nbsp;LINE Plus Corporation announced today that it has acquired GrayHash, an online security research center specializing in &ldquo;offensive research&rdquo; and counter-hacking techniques.
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With the acquisition, the Korea-based GrayHash has been renamed GrayLab and tasked with developing and optimizing security solutions for LINE&rsquo;s services, including messenger, fintech, AI, blockchain and the digital asset exchange.
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GrayHash CEO and co-founder SeungJin Lee will continue as lead of GrayLab. Lee qualified for the finals of the Def Con CTF (Capture The Flag) in 2006, becoming the first person in Asia to do so. He also served as an advisor for the Cyber Bureau of Investigation at the Seoul Eastern District Prosecutor&rsquo;s office and the Korean military&rsquo;s Cyber Command. He currently serves on the review boards for the security conferences BlackHat Asia and Code Blue. 
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About LINE Plus Corporation LINE Plus Corporation was established in March 2013 in South Korea as a subsidiary of LINE Corporation. It supports LINE&rsquo;s global business development with programmers, designers, marketers, sales personnel and PR managers from around the world working together.
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About LINE Corporation Based in Japan, LINE Corporation (NYSE:LN/TSE:3938) is dedicated to the mission of &ldquo;Closing the Distance,&rdquo; bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more.

LINE Acquires GrayHash to Enhance Fintech Security

<h4>● Internal blockchain technology to be used to build co-creative relationship between users and service providers</h4>
● LINE-branded&nbsp;digital token&nbsp;LINK (for markets outside Japan) to be available on the global digital asset exchange BITBOX from October 16 (except Japan and US)&nbsp;
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TOKYO &ndash; September 27, 2018&nbsp;&ndash; LINE Corporation ("LINE") has announced plans to launch five new decentralized apps ("dApps")*1&nbsp;in the following service categories: prediction, Q&amp;A, product review, food review, and location review using social media. The announcement was made during a press conference where the Company disclosed detailed specifications and technology on its LINE Token Economy concept. Additionally, LINE will begin offering its own digital token LINK (for markets outside Japan) from the global digital asset exchange BITBOX*2&nbsp;starting October 16.
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*1: dApps (short for decentralized applications) are decentralized, open-source apps built with blockchain technology.
*2: BITBOX is operated by LINE Corporation and LINE Tech Plus Corporation owned by LVC Corporation (a LINE group company engaged in the&nbsp;digital token&nbsp;and blockchain-related business operation).

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LINE launches own token economy to build co-creation economy
The LINE Token Economy*3&nbsp;concept uses LINE's internally-developed blockchain network, LINK Chain (mainnet), to build a LINK Ecosystem that aims to flatten the relationship structure between users and service providers to promote co-creation and mutual growth. Users simply need to register and begin using any of the dApp services announced today, or existing services that will become part of the LINK ecosystem, to start earning LINE's universal coin LINK Point (for Japan) or LINK (for markets outside Japan)*4. The amount earned will depend on the type of action taken or degree of contribution made to each service. Additionally, LINE is preparing to publicly release a development kit in anticipation of third-party services to join the LINK Ecosystem starting 2019 (tentative). This kit will enable service providers to implement a token economy without having to spend a vast amount of time and money building their own blockchain network and token economy.
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* The following press release provides more information on the LINE Token Economy concept.
LINE Launches Its 1st&nbsp;Digital token&nbsp;'LINK'&nbsp; &nbsp;
<a href="https://linecorp.com/en/pr/news/global/2018/20" target="_blank" rel="noopener noreferrer">https://linecorp.com/en/pr/news/global/2018/20</a>
*3: Token economy is a type of economy centered on unique tokens issued and circulated internally.
*4: LINK Point (for Japan) and LINK (for markets outside Japan) will be issued by LINE Tech Plus Corporation.
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LINK Point (for Japan) convertible to LINE Points starting October; LINE-branded&nbsp;digital token&nbsp;LINK (for markets outside Japan) to be available on global digital asset exchange BITBOX from October 16
In addition to using LINK Points for other dApp services in the LINK Ecosystem, residents in Japan can exchange LINK Points with LINE Points before converting them into JPY at par to make payments at over 94 thousand locations across Japan with LINE Pay, or make purchases in various LINE services.
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For markets outside of Japan, LINK will be available on the global digital asset exchange BITBOX starting October 16. After this date, users can exchange and trade LINK (for markets outside Japan) earned as incentives with other cryptocurrencies on BITBOX. Since its service launch in July 2018, BITBOX continues to grow steadily as a global service generating one of the world's top ten highest total trade volumes, ranking second place at one point*5.
*5: Calculations based on&nbsp;digital token&nbsp;rating website&nbsp;<a href="https://www.coingecko.com/" target="_blank" rel="noopener noreferrer">CoinGecko</a>
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LINK SCAN published to ensure transparency
LINK Chain, a blockchain network internally developed by LINE, is the mainnet of the LINE Token Economy. Blockchain technology is highly reliable and safe thanks to its unique mechanism that stores data in "chains," making it incorruptible and impossible to hack. Because the LINE-branded universal coin LINK Point (for Japan) and&nbsp;digital token LINK (for markets outside Japan) are recorded on LINK Chain, users can receive incentives proportionate to their contribution levels while transparency is ensured.
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LINE introduces LINK SCAN, a tool that ensures the transparency of LINE's branded coins, enables general users to see the total amount of LINK Points (in Japan) and LINK (for markets outside Japan) issued and rewarded to users as an incentive for their contributions, and more. With conventional reward point programs and other centralized services, service providers determine the reward program details as the central administrator, and the reward logic is often undisclosed to users. On the other hand, LINK SCAN built with LINK Chain that rapidly processes vast amounts of transactions enables users to read reviews written by peers and dApp service providers. This allows all user transactions to be verified, and ensures reliability and transparency while preventing data manipulation and other misconducts at the same time.
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LINK SCAN&nbsp;&nbsp;<a href="https://scan.link.network/" target="_blank" rel="noopener noreferrer">https://scan.link.network/</a>
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LINK Ecosystem resolves ongoing blockchain issues
LINE Token Economy focuses on providing users with quality dApp services, ensuring LINK Point (for Japan) and LINK (for markets outside Japan) users' satisfaction, and closing the distance between the real and encrypted world. While a wide variety of services and contents are financed through ICOs and launching in the blockchain domain, the market still lacks truly valuable services for users. The LINE Token Economy tackles this issue by aggregating only high-quality services in the LINK Ecosystem so that users have quick and easy access to the best services. LINE will also use its blockchain technology to offer convenient services to users, and build and expand a mechanism that allows users to gain value.
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Five new dApp services join LINK ecosystem in categories including prediction and Q&amp;A
LINE will sequentially launch dApp services (founded on the blockchain network LINK Chain (mainnet)) that can be enjoyed using LINE's universal coin LINK Point (for Japan). Blockchain technology is currently in the limelight of research and proof of concept for many companies around the world with potential to radically change the world. LINE's latest line up of dApp services is also a result of advancements in blockchain technology. While the majority of existing services have a central administrator for managing and operating the service, the system is often a black box, and services become inaccessible as soon as the operating company's application server goes down.
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dApp services resolve this issue by decentralizing the operation using blockchain technology so that apps are managed by the entire network instead of a single server. Furthermore, blockchain ensures an open operation, and resolves problems such as alteration and lack of transparency that current applications face, resulting in better security and transparency. Through the provision of dApp services, LINE aims to build a co-creative world in which user actions in the LINE Token Economy receive appropriate rewards, and contribute to service growth.
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To achieve this goal, LINE is developing dApp services in the following five categories: prediction, knowledge sharing, product review, food review, and location review. Two dApps &ndash; prediction service 4CAST and knowledge-sharing platform Wizball &ndash; were released in September ahead of the rest as beta versions, providing a first-hand experience of the LINK ecosystem to a limited number of users.
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1. Wizball Overview
Wizball is a Q&amp;A platform for knowledge sharing. It is built with LINE's internally developed blockchain (LINK Chain), and aims to encourage users to create a better information-sharing ecosystem together by rewarding Wizball community members who help to improve the service quality and spread its value.
&beta; version:&nbsp;<a href="https://wizball.io/" target="_blank" rel="noopener noreferrer">https://wizball.io</a>&nbsp;(Japanese only)
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2. 4CAST Overview
4CAST is a platform enabling users within communities to predict future outcomes. The prediction accuracy improves as community members make predictions based on their own knowledge and wisdom. Users whose actions contribute to an improvement in service quality are rewarded with LINK Points.
&beta; version:&nbsp;<a href="https://www.4cast.to/" target="_blank" rel="noopener noreferrer">https://www.4cast.to</a>&nbsp;(Japanese only; for smartphones only)
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3. Pasha Overview * Scheduled to be released within 2018
Pasha enables users to write reviews and search for products using photos. Users simply take a photo of a product they are interested into search for its details in Pasha's database sourced by users who receive an incentive for posting information, writing a review, or taking other meaningful actions.
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4. CONOMI Overview * Scheduled to be released within 2018
CONOMI is a food review platform that provides users with information on eateries across Japan. The service ensures the reliability of reviews by requiring users to scan their receipt from an eatery before being able to rate, comment on, or write a review of the establishment. Users receive incentives for posting information, writing a review, or taking other meaningful actions. Furthermore, information such as venue details and what the reviewer ordered are automatically retrieved when reviewers scan their receipts.
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5. STEP (TBC) Overview * Scheduled to be released within 2018
STEP is a social media platform for users to share their stories of recreational activities and holiday trips. Users simply add location information and tags when uploading photos of their trip to create a memoir book. Then, they can set their book status to the&nbsp;public to receive incentives as their book&rsquo;s view count increases and reviews improve.

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