On the back of yesterday’s news from STEPN, GST saw an 8% increase in GST, and today, as part of their latest initiative to bring the application to the masses, the team announced a partnership with Japan’s LINE Xenesis Corporation, engaged in the development of crypto assets and blockchain.
The so-called Memorandum of Understanding aims to include LINE’s own blockchain, LINE Blockchain, in the application.
LINE established the LINE Blockchain Lab in April 2018 and has continued to develop dApps using blockchain technology ever since. Having developed its own blockchain, the company released the successful LINK crypto asset. The company is currently working on LINE BITMAX and BITFRONT crypto asset trading services in Japan and beyond. In addition, the company launched its NFT marketplace called LINE NFT.
The STEPN Team Announces Collaboration With LINE
The MoU aims to use the LINE Blockchain in the localization of STEPN for the Japanese market. In the near future, both parties will develop various products for the Japanese market.
STEPN has become very popular in Japan. Thus, cooperation with the leading blockchain company in the country was only a matter of time.
“Through this international collaboration, we hope to create new synergies and continue to offer new blockchain value from a position that is closest to our users,” LINE shared.
STEPN, in turn, chose LINE for cooperation because of its initiative to offset carbon emissions and protect the environment. The team concluded that Japan is one of the important consumer markets for them.
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