Japanese Online Retail Company Launches NFT Marketplace, Rakuten NFT

February 28, 2022

japan 1460334 1280

 

Rakuten Group is Japanese electronic commerce and online retail firm based in Tokyo.

Rakuten Launches NFT Token Marketplace

For the last few years, Rakuten, the Japanese online retail company, has been trying out its hand in the realm of digital currencies and blockchain solutions. Rakuten inaugurated a cryptocurrency exchange in the spring of 2019 and authorized consumers to load crypto into their pay accounts of Rakuten in 2021.
Today the company declared the launch of a brand new strategy called Rakuten NFT, assuring the company’s entry into NFT games. The recent news explained that Rakuten NFT is assistance that gives the users a marketplace to buy NFTs and peer-to-peer trading of NFTs.

Rakuten ID can be used while trading and using the Rakuten Points. The purchased NFTs are allowed to add to the collection on the webpage of the customers and they can also start a sale in the marketplace. Rakuten observes a few companies that have previously initiated NFT marketplaces during the last year. Companies like Coinbase, FTX, Crypto.com, etc have launched marketplace programs assigned to NFT collectibles. Moreover, Rakuten NFT confronts competition from dominating NFT market platforms like Opensea, Rarible, Looksrare, Magic Eden, etc. The press declared that minting and selling services are yet to be available.

Rakuten NFT Intends to Launch J.League NFT Compilation

The Rakuten NFT launch underlined NFTs showing Ultraman anime and Kurogane Hiroshi G1 Gekitoshi with a task exemplified by the famous manga artist Hiroshi Kurogane. In future NFT plunges, Rakuten NFT will promote collectibles from TV Asahi Corporation shows, and NFTs promoting personalities from Tiger & Bunny 2. The recent news also concludes that Rakuten NFT is intending to generate and trade the J.League NFT Collection Players Anthem, the J.League official NFT collection.

Exclusively hand curated news, written precisely in short by our editors for a 60 seconds read! We understand that reading multiple news from various resources could be monotonous, time consuming and less interesting. At Dcryptonews, you will experience a new style of reading news with smart keyword, ease of language that is easy to read for a quick news grasp.